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1951 E Colorado Pasadena, CA 91107
0.52 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26233688
Lot Size 0.519 Acres
Property Sub-Type Lots/Land
Property Description
100% Land Title: 22,609 SF land parcel APN 5746-015-057 Passive Rent: Collects monthly Absolute NNN ground rent Zero Maintenance: No roof, HVAC, Property Tax, or insurance bills Reversion Rights: Takes free title to building at lease end Leasehold Building: 2,082 SF QSR drive-thru structure Tenant Expense: Franchisee pays 100% of property upkeep Direct Tax & Insurance: Paid directly by QSR tenant (Taco Bell) Locked-in Entitlement: Rare 24-hour drive-thru permit in Pasadena
Location
State CA
County Los Angeles
Direction northwest corner of colorado blvd and berkeley ave
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 5746015057
Acceptable Financing Cash
Listing Terms Cash
Listed by Kelly Arft, DRE#01231023 RENKEN COMPANY
Co-listed byGriffin Wright • RENKEN COMPANY
Co-listed byGriffin Wright • RENKEN COMPANY