Remodeled Office
135 S Rosemead Blvd Pasadena, CA 91107
135 S Rosemead Blvd, Pasadena, CA, 91107
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For Sale
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Single-story office building built in 1963 with a 2016 remodel and 129 secured parking stalls.
Property Size8,425 SF
Lot Size0.45 Acres
Price / SF$461.48
Days on Market71
Property Features for 135 S Rosemead Blvd
General Information
- Standard status
- Active
- Size
- 8,425 SF
- Lot size
- 0.45 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1963
Listing agency
CBRE - Orange County
(626) 705-8236
Listed by
Scott Crawshaw · License #CA
Source
Crexi
Added: May 14 Updated: Jul 22 at 7:25PM Checked: Jul 22 at 7:25PM
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 - Orange County
Investment Insights
Based on property information with market context.
135 S Rosemead consists of one commercial office building totaling approximately 8,425 square feet on two parcels totaling approximately 0.45 acres. Built in 1963, the property includes a remodel completed in 2016.
The site provides 129 secured parking stalls, for an estimated parking ratio of 3.44 spaces per 1,000 square feet. The building is located along South Rosemead Boulevard between East Colorado Boulevard and Del Mar Boulevard, immediately south of the I-210 Freeway, with adjacency to Pasadena’s main retail corridor on E Colorado Boulevard. Access extends to Pasadena and neighboring communities including Arcadia, San Marino, Sierra Madre, San Gabriel, Monrovia, La Canada Flintridge, and the greater Los Angeles area.
The site provides 129 secured parking stalls, for an estimated parking ratio of 3.44 spaces per 1,000 square feet. The building is located along South Rosemead Boulevard between East Colorado Boulevard and Del Mar Boulevard, immediately south of the I-210 Freeway, with adjacency to Pasadena’s main retail corridor on E Colorado Boulevard. Access extends to Pasadena and neighboring communities including Arcadia, San Marino, Sierra Madre, San Gabriel, Monrovia, La Canada Flintridge, and the greater Los Angeles area.
Key Highlights
- One commercial/office building totaling approximately 8,425 SF on 2 parcels
- Built in 1963 with a remodel completed in 2016
- Approximately 0.45 acres (about 19,619 SF) of land area
Local Financial Insights For Office B
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 | $283.1k | $33.60 |
| − Vacancy | −$42.5k | −$5.04 |
| EGI | $240.6k | $28.56 |
| − OpEx | −$60.2k | −$7.14 |
| NOI | $180.5k | $21.42 |
8,425 SF · lease $33.60/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.58M
$2.26M – $3.01M
NOI $180,464 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$189.65M
$165.94M – $221.26M
NOI $13,275,300 @ 7.0% cap · market cap 341.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
HRC Fertility
Corporate Office
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Single-story office building built in 1963 with a 2016 remodel and 129 secured parking stalls.
Where is this office building located?
The property is located at 135 S Rosemead Blvd Pasadena, CA.
What is the asking price?
The asking price for this property is $3,888,000.
What are key features of this property?
This property features: One commercial/office building totaling approximately 8,425 SF on 2 parcels; Built in 1963 with a remodel completed in 2016; Approximately 0.45 acres (about 19,619 SF) of land area
