Corner Office
For Sale
$1,544,000
735 Orange Grove Boulevard Unit 350C, Pasadena, CA 91103
Modern office unit within a mixed-use project with FGSP-C-3D zoning.
Property Size2,578 SF
Price / SF$598.91
Days on Market48
Property Features for 735 Orange Grove Boulevard Unit 350C
General Information
Standard status
Active
Size
2,578 SF
Class
A
Property subtype
Office - General Office
Zoning
FGSP-C-3D
Additional Details
Highway Access
Yes
Building Details
Building Size
2,578 SF
Year Built
2023
Listing Agency:
Lee & Associates - Pasadena
Listed By:
Mauricio Olaiz · License #02073450
(626) 841-1864
Source:
Commercialcafe
Added: Sep 1
Changed: Oct 10
Last Checked: Oct 16 at 6:19AM
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 Lee & Associates - Pasadena
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit 350C is a corner office condominium at 735 Orange Grove Boulevard in Pasadena. The 2,578-square-foot unit was constructed in 2023 and is part of the Lincoln @ Orange Grove mixed-use project. Its contemporary office configuration and FGSP-C-3D zoning support professional office use within a newer commercial setting.
The property occupies the intersection of Orange Grove Boulevard and Lincoln Avenue in Northwest Pasadena. The location is near the Rose Bowl, Old Town, and major freeways, providing a Pasadena setting with access to established destinations and regional transportation routes.
The property occupies the intersection of Orange Grove Boulevard and Lincoln Avenue in Northwest Pasadena. The location is near the Rose Bowl, Old Town, and major freeways, providing a Pasadena setting with access to established destinations and regional transportation routes.
Key Highlights
- 2,578 SF corner office condominium
- Constructed in 2023
- Located within the Lincoln @ Orange Grove mixed‑use project
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,221
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,104,420
$1.1M
Cap Rate 7%
$788,871
$788.9K
Cap Rate 9%
$613,567
$613.6K
Market Conditions
NOI Build-Up for 2,578 SF
Gross rent
$86.6K $33.60/SF
− Vacancy
−$13.0K −$5.04/SF
EGI
$73.6K $28.56/SF
− OpEx
−$18.4K −$7.14/SF
NOI
$55.2K $21.42/SF
Area
Pasadena, CA
Vacancy
15.00%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,104,420
Cap Rate 7%
$788,871
Cap Rate 9%
$613,567
Alternative Uses
Best Use
Office B
$788.9K
$690.3K – $920.4K
NOI $55,221 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$58.03M
$50.78M – $67.70M
NOI $4,062,163 @ 7.0% cap · market cap 263.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,719
Businesses Nearby
Explore this area
Business Placement
Demographics for 91103, CA
26,887
Population
9,392
Households
2.9
Avg Household Size
39
Median Age
38%
College-Educated
80%
High-School Grad
4.6 sq mi
ZIP Area
5,845
Density / Sq Mi
$84,683
Median Household Income
$43,591
Median Earnings
$1,925
Median Rent
$960,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office units - Modern office unit within a mixed-use project with FGSP-C-3D zoning.
Where is this office units located?
The property is located at 735 Orange Grove Boulevard Unit 350C Pasadena, CA.
What is the asking price?
The asking price for this property is $1,544,000.
What are key features of this property?
This property features: 2,578 SF corner office condominium; Constructed in 2023; Located within the Lincoln @ Orange Grove mixed‑use project
