FOR SALENew Listing
1951 E Colorado
Pasadena, CA 91107
22,609 Lot Sq Ft
$2,388,000
Property Overview
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
Home Details
- Property type
- Land
- Lot size
- 22,609 sq ft
- Days on market
- 0
- MLS status
- Active
- Zoning
- PSC
Features & Amenities
Lot
- Zero To One Unit Acre
Community, Schools & Utilities
Community
- View
- None
Utilities
- Water
- Public
Location & Neighborhood
Frequently Asked Questions About 1951 E Colorado
Property type: Land
The current asking price is $2,388,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1951 E Colorado. Our team will confirm availability and timing.
This property offers the living space reported in the listing. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Pasadena, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Pasadena property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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