Office Unit with Three
For Sale
Contact for pricing
1101 Fremont Avenue #103, South Pasadena, CA 91030
A waiting room, kitchenette, and shared access to two restrooms support a range of office operations.
Property Size847 SF
Price / SF$2.60
Days on Market18
Property Features for 1101 Fremont Avenue #103
General Information
Standard status
Active
Size
847 SF
Property subtype
Business
Additional Details
Property Use
Office
Building Details
Year Built
1979
Listing Agency:
Lugo Brothers RE
Listed By:
Bryant and Kenneth Lugo
(714) 797-0001
Source:
Lugobros
Added: Oct 14
Changed: Oct 28
Last Checked: Oct 28 at 4:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lugo Brothers RE
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Investment Insights
Based on property information with market context.
This 847-square-foot office unit, built in 1979, includes a waiting room, three offices, and a storage and recreation area with a kitchenette. The layout also provides access to two restrooms.
The property is at 1101 Fremont Avenue in South Pasadena. Parking is available on site.
The property is at 1101 Fremont Avenue in South Pasadena. Parking is available on site.
Key Highlights
- 847‑square‑foot office unit
- Three private offices and a waiting room
- Storage and recreation area with kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,515
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,300
$370.3K
Cap Rate 7%
$264,500
$264.5K
Cap Rate 9%
$205,722
$205.7K
Market Conditions
NOI Build-Up for 847 SF
Gross rent
$32.5K $38.40/SF
− Vacancy
−$7.8K −$9.25/SF
EGI
$24.7K $29.15/SF
− OpEx
−$6.2K −$7.29/SF
NOI
$18.5K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,300
Cap Rate 7%
$264,500
Cap Rate 9%
$205,722
Alternative Uses
Best Use
Office B
$264.5K
$231.4K – $308.6K
NOI $18,515 @ 7.0% cap · market cap 841.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$453.5K
$396.8K – $529.1K
NOI $31,744 @ 7.0% cap · market cap 1,442.91%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,794
Businesses Nearby
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Business Placement
Demographics for 91030, CA
26,927
Population
11,040
Households
2.4
Avg Household Size
41
Median Age
73%
College-Educated
97%
High-School Grad
3.4 sq mi
ZIP Area
7,920
Density / Sq Mi
$128,105
Median Household Income
$79,571
Median Earnings
$2,218
Median Rent
$1,545,100
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - A waiting room, kitchenette, and shared access to two restrooms support a range of office operations.
Where is this office unit located?
The property is located at 1101 Fremont Avenue #103 South Pasadena, CA.
What are key features of this property?
This property features: 847‑square‑foot office unit; Three private offices and a waiting room; Storage and recreation area with kitchenette
