Mixed-Use Property with
259 Rosemead Boulevard Pasadena, CA 91107
259 Rosemead Boulevard, Pasadena, CA, 91107
$1,620,000
For Sale
$1,620,000
Two storefront retail spaces and four residential units offer mixed-use income potential in East Pasadena.
Property Size4,597 SF
Price / SF$352.40
Days on Market509
Property Features for 259 Rosemead Boulevard
General Information
- Standard status
- Active
- Size
- 4,597 SF
- Property subtype
- Mixed Use
Listing agency
(626) 791-7000
Listed by
Norm Haley Real Estate
Source
Xome
Added: Feb 28, 2025 Updated: Jul 21 at 1:44PM Checked: Jul 21 at 1:44PM
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 Norm Haley Real Estate
Investment Insights
Based on property information with market context.
This mixed-use property features two commercial storefront spaces and four residential units. The offering is designed to provide both retail frontage and residential rent within a single building.
Located at 259 Rosemead Boulevard in Pasadena, the property is described as being close to the 210 freeway, supporting convenient access for tenants and visitors.
For investors or owner-users seeking a combined retail-and-residential setup, this configuration provides multiple income streams under one roof.
Located at 259 Rosemead Boulevard in Pasadena, the property is described as being close to the 210 freeway, supporting convenient access for tenants and visitors.
For investors or owner-users seeking a combined retail-and-residential setup, this configuration provides multiple income streams under one roof.
Key Highlights
- Mixed‑use property in East Pasadena with two commercial storefront spaces and four residential units
- 8 parking spaces on‑site
- Central air cooling
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $169.9k | $36.96 |
| − Vacancy | −$3.9k | −$0.85 |
| EGI | $166.0k | $36.11 |
| − OpEx | −$49.8k | −$10.83 |
| NOI | $116.2k | $25.28 |
4,597 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$103.48M
$90.54M – $120.73M
NOI $7,243,508 @ 7.0% cap · market cap 447.13%
Second Best
Apartment 5plus
$91.32M
$79.90M – $106.54M
NOI $6,392,219 @ 7.0% cap · market cap 394.58%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
My Hair Helpers ...
Medical Clinic
CB Remodels - Home ...
Renovation Specialist
Buds Of Pasadena Cannabis ...
Alternative Medicine Practice
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FAQs
What type of property is this?
Mixed-use property - Two storefront retail spaces and four residential units offer mixed-use income potential in East Pasadena.
Where is this mixed-use property located?
The property is located at 259 Rosemead Boulevard Pasadena, CA.
What is the asking price?
The asking price for this property is $1,620,000.
What are key features of this property?
This property features: Mixed‑use property in East Pasadena with two commercial storefront spaces and four residential units; 8 parking spaces on‑site; Central air cooling
