464 Woodbury Rd Altadena, CA 91001-5408
- Office buildings
- 34,615 SF
- 1.36 lot acres
Current Use by Public Records
- Options for Learning Head Start Pasadena / Non-Profit Organization
- JPL Bldg 602 / Aerospace Company / Aviation
- Mori Associates / Association / Organization
Property Details for 464 Woodbury Rd
- Year built
- 1966
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.36 lot acres
- Property size
- 34,615 SF
- Zone code
- LCM1*
- Property type
- Office buildings
- APN
- 5825-002-040
- APU
- 5825002040
Description
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.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $13,450,000
- 6.5%
- $12,415,000
- 7%
- $11,530,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $14,952,000
- AI Estimate
- $7,361,000
Market price range: $8.29M - $25.6MMarket price range: $2.56M - $10.9M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $15,525,000 Current use
- AUTO REPAIR, GARAGE
- $16,010,000 Change: +3% Conversion: Difficult
- MEDICAL BUILDING
- $15,735,000 Change: +1% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Altadena
- County
- Los Angeles
- State
- California
- Longitude
- -118.161
- Latitude
- 34.1825
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA