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Property profile

464 Woodbury Rd Altadena, CA 91001

OFF-MARKET
Office buildings
Property ID
US09-8092093
View Sample
34,615 SF 1.36 ac lot Built 1966
Individually Owned 19-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional 8,524 square foot single-tenant office space is ideally located at 464 W. Woodbury Rd in Altadena, California, within Los Angeles County. The property is classified as a Traditional Office and Executive Office, offering a versatile layout suitable for a variety of business needs. Its prime location offers easy access to major transportation arteries, including proximity to the 210 Freeway, providing convenient commutes to Pasadena, Glendale, and Burbank. The property benefits from a highly convenient location, just one block from the Lincoln Crossroads Shopping Center, which features amenities such as a 24-hour fitness center, Super King supermarket, and Subway restaurant. Furthermore, the location is less than two miles from the renowned Jet Propulsion Laboratory, making it an attractive option for businesses associated with or serving the aerospace industry. The property's classification as both a Traditional and Executive Office suggests a high level of finish and functionality, making it a desirable location for businesses seeking a professional and well-equipped workspace in a convenient and accessible location. The single-tenant occupancy ensures privacy and control over the entire space. This presents a unique opportunity for a business seeking a substantial and well-situated office space in the desirable Altadena area. The zip code is 91001.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1966
Construction TILT-UP CONCRETE
Total area 34,615 SF
Lot 1.36 ac (59,118 SF)
Zoning code LCM1*
APN 5825-002-040
UPID US09-8092093

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency
  • Corporate Office Factory
  • Association / Organization

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$12.42M
Comparable Approach Comparable
$14.95M
Blend (final) Blend
$11.58M

Owner & transaction history

since 2006
2 recorded transactions
2017
Price N/A
2006
$9.0M

Zoning & alternative use

LCM1* · Altadena, CA
Top alternative use upside
Auto repair, garage $16.0M +3.1%
Medical building $15.7M +1.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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