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Historic Pasadena Office Building
For Sale
$5,995,000

489 East Colorado Boulevard, Pasadena, CA 91101

Two-story office building in Pasadena's Playhouse Historic District.

Property Size7,774 SF
Lot Size0.23 Acres
Price / SF$771.16
Days on Market147

Property Features for 489 East Colorado Boulevard

General Information

Standard status Active
Size 7,774 SF
Lot size 0.23 Acres
Property subtype Office
Listing Agency: CBRE LA
Listed By: Kyle Barratt · License #01900653
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Aug 18 at 1:09PM

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 CBRE LA

Investment Insights

Based on property information with market context.

Located in the heart of the Playhouse Historic District of Pasadena, CA, the "Harry FitzGerald" building at 489 E. Colorado Boulevard presents an opportunity for acquisition. This two-story office building, totaling approximately 7,774 square feet, is situated on the north side of Colorado Boulevard, along the Rose Parade route. The property has a WalkScore of 97, indicating convenient access to surrounding retail amenities and public transportation. Constructed in 1926 and designated on the National Register of Historic Places, the building was designed for Harry FitzGerald. The property is currently utilized as office space and will be delivered vacant. It features 22-foot ceilings with skylights, offices, conference rooms, and dedicated private parking. The property is located just south of the 210 Freeway and approximately 1-mile from the Lake and Del Mar Metro Gold Line Stations. The property is located on a 0.23-acre parcel. There are 16 surface parking spaces in the rear of the building, accessible via a shared drive alley from N. Oakland Avenue.

Key Highlights

  • Prime location on Colorado Boulevard in the Playhouse Historic District, along the Rose Parade route.
  • Rare owner/user opportunity to acquire a historic building delivered vacant.
  • High Walk Score (97) indicating convenient access to retail and public transportation.

Property Analytics

Current Use

Curry Insurance Insurance Agency Proactive Networks Marketing & Advertising Intelligent Technical Solutions Tech Support Center

Suggested Use

Top Pick Veterinary Clinic Pet Grooming Service Butcher Grocery & Convenience Store Mobile Phone Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

11,169
Businesses Nearby

Demographics for 91101, CA

20,583
Population
12,400
Households
1.7
Avg Household Size
38
Median Age
63%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
15,833
Density / Sq Mi
$94,180
Median Household Income
$62,458
Median Earnings
$2,282
Median Rent
$687,300
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two-story office building in Pasadena's Playhouse Historic District.
Where is this office building located?
The property is located at 489 East Colorado Boulevard Pasadena, CA.
What is the asking price?
The asking price for this property is $5,995,000.
What are key features of this property?
This property features: Prime location on Colorado Boulevard in the Playhouse Historic District, along the Rose Parade route.; Rare owner/user opportunity to acquire a historic building delivered vacant.; High Walk Score (97) indicating convenient access to retail and public transportation.
More about this property
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