1951 E Colorado, Pasadena, CA 91107
1951 E Colorado, Pasadena, CA 91107
1951 E Colorado, Pasadena, CA 91107
1951 E Colorado, Pasadena, CA 91107
1951 E Colorado, Pasadena, CA 91107
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Joahna Flores

Joahna Flores

+1(858) 585-2559
$ 2,388,000
Est. payment | /mo

0.52 Acres Lot

Save
$ 2,388,000
Est. payment | /mo
Save

0.52 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26233688

HOA Y/N No

Land Lease Amount 8858.0

Lot Size 0.519 Acres

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

Area 648 - Pasadena (Se)

Zoning PSC

Interior

Fireplace No

Exterior

Community Features Curbs, Street Lights, Sidewalks

View Y/N No

View None

Building

Lot Description 0-1 Unit/Acre

Water Public

New Construction No

Others

Senior Community No

Tax ID 5746015057

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Kelly Arft RENKEN COMPANY 626-675-6667, DRE #01231023

Nearby Locations

Joahna Flores

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(858) 585-2559

joahnarealtor@gmail.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Joahna Flores, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

1951 E Colorado

California Real Estate

 

Welcome to RiseRealtyCA.com, your one-stop source for California real estate.

 

Use our state-of-the-art property search, including an interactive map search, to find homes for sale in California. These listings are updated daily from the MLS.

 

Or, use our Community Guide to help you in your search for California real estate listings. Our community searches will keep you up to date with the latest properties in the areas you are interested in.

 

And, for your convenience, be sure to register for a free account to receive email notifications whenever new homes for sale come on the market that match your specific criteria, and save your favorite properties for quick and easy access whenever you need — it's fast, easy, automatic and FREE! With a Property Tracker account, you'll be among the first to know about the newest homes for sale in California.

 

Thanks for visiting RiseRealtyCA.com, home of exquisite properties and excellent service.