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2156 Colorado Boulevard, Pasadena, CA 91107
Priced at Only: $15,800,000
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Address: 2156 Colorado Boulevard, Pasadena, CA 91107
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  • MLS#: WS26032968 ( Hotel/Motel )
  • Street Address: 2156 Colorado Boulevard
  • Viewed: 2
  • Price: $15,800,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1981
  • Bldg sqft: 0
  • Days On Market: 25
  • Additional Information
  • County: LOS ANGELES
  • City: Pasadena
  • Zipcode: 91107
  • Provided by: Pinnacle Real Estate Group
  • Contact: CINDY CINDY
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Ramada by wyndham pasadena investment overview located on colorado boulevard in the world renowned rose parade city of pasadena, this hotel enjoys prime frontage directly along the annual rose parade route a rare and highly desirable positioning in one of southern californias most recognizable corridors. The property is conveniently situated near major demand drivers including caltech, pasadena city college, the huntington library, the rose bowl, old town pasadena, and downtown pasadenas central business district. The location offers excellent accessibility to freeways, business centers, and public transportation. Property profile year built: 1981 building size: 23,722 sf lot size: 31,913 sf stories: 3 total units: 80 guest rooms parking: approximately 62 spaces room configuration 37 king rooms 35 double queen rooms 3 ada double queen rooms 2 king suites 3 converted guest rooms the former managers quarters have been converted into two additional guest rooms (ada queen and king). The upstairs meeting room has also been converted into a double queen room. Approximately 18 rooms feature balconies with direct views of the rose parade along colorado boulevard, offering significant premium potential during annual festivities. Amenities fitness center business center laundry facilities outdoor pool & spa complimentary breakfast free parking free high speed internet wheelchair accessible (ada) rooms performance & brand affiliation historical occupancy ranging from 85% to 100% stable operating history affiliated with wyndham hotels & resorts network investment highlights prime colorado blvd frontage on the rose parade route strong tourism, university, and corporate demand base recognized national brand affiliation potential for value add improvements and rate optimization long term appreciation potential in a highly sought after pasadena location this offering represents a rare opportunity to acquire a well positioned hospitality asset with strong visibility, consistent occupancy, and event driven upside in one of pasadenas most prestigious corridors.
Features
Assetclass
  1. Hotel/Motel
Builder Name
  1. Ramada
Building Area Total
  1. 23722.00
Building Features
  1. Elevators
  2. Rec Room
Building Name
  1. Ramada
Commoninterest
  1. None
Construction Materials
  1. Block
  2. Cement Siding
  3. Concrete
  4. Drywall Walls
  5. Ducts Professionally Air-Sealed
  6. Glass
  7. Stone
  8. Stone Veneer
Cooling
  1. Central Air
  2. Humidity Control
  3. Wall/Window Unit(s)
Country
  1. US
Current Financing
  1. Conventional
Current Use
  1. Commercial
Electric
  1. 220 Volts For Spa
  2. 220 Volts in Laundry
  3. Electricity - On Property
  4. Standard
Fencing
  1. Brick
Heating
  1. Central
  2. Electric
  3. Humidity Control
Land Use
  1. Other
Laundry Equipment Own Lease
  1. Own
Laundry Features
  1. Common Area
  2. Dryer Included
  3. Individual Room
  4. Inside
  5. Outside
  6. Washer Included
Parcel Number
  1. 5747009053
Postalcodeplus4
  1. 3653
Property Type
  1. Hotel/Motel
Roof
  1. Ridge Vents
  2. Shingle
  3. Tile
Security Features
  1. 24 Hour Security
  2. Carbon Monoxide Detector(s)
  3. Closed Circuit Camera(s)
  4. Fire Sprinkler System
  5. Resident Manager
  6. Smoke Detector(s)
Signage
  1. Sign on Building
Utilities
  1. Cable Connected
  2. Electricity Available
  3. Natural Gas Available
  4. Sewer Available
  5. Sewer Connected
  6. Water Available
  7. Water Connected
Virtual Tour Url
  1. https://my.matterport.com/show/?m=ULv33qW8s8y
Water Source
  1. Public
Year Built
  1. 1981
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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