$18,880,000
31,913 Sqft Lot

2156 E Colorado Boulevard, Pasadena, California 91107

  • Commercial Sale Property Type
  • 25 Days Time On Market
  • 62 Cars Garage
  • 1981 Year Built
Property Description

Ramada by Wyndham Pasadena located on Colorado Blvd in Pasadena, the World famous Rose Parade City, close to Cal Tech, Pasadena City College, Huntington Library, Rose Bowl, Old Town Pasadena and Central Business District of downtown Pasadena. Easy accessibility to freeway, business and transportation. This 3-Story Hotel was built in 1981 with 23,722 sqft building area and a lot size of 31,913 sqft. The frontage of Ramada is in the Annual Rose Parade Route. The building has 80 guest rooms with many amenities including Fitness Center, Business Center, Laundry Facilities, outdoor pool and spa, Free Breakfast, free parking and free internet service. Wheelchair accessible rooms are available. Guest Rooms is a mix of 37 King Beds, 35 Double Queen Beds; 3 ADA Double Queen and 2 King Suites plus 3 converted rooms totaling 80 units. Manager Quarter is converted to two guest rooms with ADA Queen and King Bed. Meeting Room upstairs is converted to Double Queen. About 18 Guestrooms could see the Rose Parade on Colorado from the room balcony. Total about 62 parking spaces. Occupancy has historically been 75-80%. RAMADA is part of Wyndham Worldwide Network. Great potential investment opportunity.

Basic Details
Commercial Sale
For Sale
WS22245462
$18,880,000
1981
31,913 Sqft
Active
Hotel/motel
Features
: Central
: Central Air
: Brick
: 24 Hour Security, Smoke Detector(s), Carbon Monoxide Detector(s)
: 62
$0
: Tile
Address Map
California
Los Angeles
Pasadena
91107
2156 E Colorado Boulevard
0
W119° 53' 39''
N34° 8' 44.4''
MLS Addon
Pinnacle Real Estate Group
CINDY JIE
$0
23,722 Sqft
: Hotel/motel
$0
25
25
Close to S Craig Ave and Colorado Blvd crossing street
: Electricity - On Property, Standard
$0
Del Sol Hs
1
1
Cash,Cash to New Loan
: Sprinkler System, Rectangular Lot, Back Yard, Front Yard, Near Public Transit
$0
Woodbury C. W.
5747009053
: Standard
3
$0
: Electricity Available, Water Available, Sewer Available, Natural Gas Available
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Agent info
Isidro Nunez
Alturas Realty
Contact Agent

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