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Bedrooms
$2,388,000
Pasadena, CA
MLS# CV26233688
Griffin Wright
Co-Listing Agent
RENKEN COMPANY
DRE #: 02136413
Brokerage: RENKEN COMPANY
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Bedrooms
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Year Built
0.52 acres
Lot Size
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Price/Sq Ft
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HOA
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Property Type
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
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Closed sales reported in 91107, nearest first, last 12 months. All recent sales in Pasadena →
1951 E Colorado
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