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    144 Colorado Blvd Pasadena, CA 91105

    Sponsored
    For Lease
    $39 SF/Yr ($17,891 /Mo)

    5,505 SF Single-Tenant Office in Old Town

    Lot size:
    5,505 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,505-square-foot creative office space is ideally situated on the second floor of 144 W Colorado Boulevard in the vibrant Old Town Pasadena district of Los Angeles County, California. The property boasts a single-tenant occupancy, offering a unique opportunity for a business seeking a substantial and adaptable workspace. The entire building's 5,505 square feet is currently vacant, presenting a blank canvas for a discerning tenant to customize to their specific needs. Located in the highly desirable 91105 zip code, this property benefits from the energy and amenities of Old Town Pasadena, a renowned area known for its thriving arts scene, diverse culinary options, and convenient access to major transportation routes. The building's creative office subtype suggests a layout conducive to innovative and collaborative work environments, potentially featuring open floor plans, high ceilings, and ample natural light. This is a rare opportunity to secure a significant, single-tenant office space in a prime Pasadena location. The property's size and location make it suitable for a variety of businesses seeking a prominent presence in this sought-after area. Interested parties are encouraged to inquire for further details and scheduling a viewing. The property is classified as an office building with a creative office subtype.

    Property Features for 144 Colorado Blvd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,505 SF
    Total Rate
    17891.25

    Unit(s) available at that property

    Space
    Suite 200
    Size
    5,505 SF
    Rate per SF
    $39
    Property Profile Location Intelligence

    Current Use by Public Records

    Red Gate Software, ... Software Company Jellypop Shoes Shoe Store

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Los Angeles
    State
    California
    Longitude
    -118.1534655
    Latitude
    34.1454928

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    FAQs

    What type of property is this?
    Office space - 5,505 SF Single-Tenant Office in Old Town
    Where is this office space located?
    The property is located at 144 Colorado Blvd Pasadena, CA.
    What is the lease rate?
    The lease rate is $39 SF/Yr.
    Request Owner's contact information
    144 Colorado Blvd Pasadena, CA 91105
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    Pasadena, CA 91105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    144 Colorado Blvd Pasadena, CA 91105
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