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Property Detail

Property Detail

Property Detail

2156 Colorado, Pasadena, CA 91107

2156 Colorado, Pasadena, CA 91107

$15,800,000 LOGIN TO SAVE

Bedrooms: 0

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Bathrooms: 0

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Area: 0 SqFt.

    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 California’s 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 Pasadena’s 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 manager’s 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 Pasadena’s most prestigious corridors.

    Features​

    • 3 Stories
    • Parking Spots: 62.00
    • Business Type: Hotel/Motel
    • Asset Class: Hotel/Motel
    • Cable Connected
    • Electricity Available
    • Natural Gas Available
    • Sewer Available
    • Sewer Connected
    • Water Available
    • Water Connected
    • Security Feature: 24 Hour Security
    • Security Feature: Carbon Monoxide Detector(s)
    • Security Feature: Closed Circuit Camera(s)
    • Security Feature: Fire Sprinkler System
    • Security Feature: Resident Manager
    • Security Feature: Smoke Detector(s)
    • Roof: 24 Hour Security
    • Roof: Carbon Monoxide Detector(s)
    • Roof: Closed Circuit Camera(s)
    • Roof: Fire Sprinkler System
    • Roof: Resident Manager
    • Roof: Smoke Detector(s)
    • Construction Materials: Block
    • Construction Materials: Cement Siding
    • Construction Materials: Concrete
    • Construction Materials: Drywall Walls
    • Construction Materials: Ducts Professionally Air-Sealed
    • Construction Materials: Glass
    • Construction Materials: Stone
    • Construction Materials: Stone Veneer
    • Heating: Central
    • Heating: Electric
    • Heating: Humidity Control

    Steve and Diana Lincoln

    Call or Text Steve: (760) 707-6033​​​​​​​​​​​​​​

    ​​​​​​​Call or Text Diana: (760) 707-6034

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    Contact

    CA DRE #01870580

    6965 El Camino Real 105-690, Carlsbad CA 92009

    877.692.8427

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2017 Sandicor®, Inc.

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