Two-Story Office
For Sale
$4,300,000
910 San Pasqual St, Pasadena, CA 91106
Flexible office property with basement space, on-site parking, and a location near dining, shopping, and public EV charging.
Property Size5,747 SF
Price / SF$748.22
Days on Market58
Property Features for 910 San Pasqual St
General Information
Standard status
Active
Size
5,747 SF
Total Parking Spaces
31
Building Details
Owner Occupied
Yes
Listing Agency:
EXP REALTY
(626) 888-2995
Listed By:
Donald La · License #01928418
(626) 824-8853
Source:
Exprealty
Added: Aug 27
Changed: Oct 11
Last Checked: Oct 20 at 11:44PM
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 EXP REALTY
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Investment Insights
Based on property information with market context.
This office property spans two parcels and contains approximately 5,747 square feet across three functional levels. The first floor measures approximately 1,471 square feet and includes polished concrete floors and high exposed ceilings. The second floor offers approximately 3,287 square feet in an open configuration, while the approximately 989-square-foot basement provides additional usable space.
The property includes 31 parking spaces and is located in Pasadena’s South Lake Avenue District, near restaurants, coffee and tea shops, retail, entertainment, and daily services. Tesla Supercharger Station and Pasadena Water and Power public EV charging are within walking distance. The building is currently owner occupied and may be delivered vacant at Close of Escrow.
The property includes 31 parking spaces and is located in Pasadena’s South Lake Avenue District, near restaurants, coffee and tea shops, retail, entertainment, and daily services. Tesla Supercharger Station and Pasadena Water and Power public EV charging are within walking distance. The building is currently owner occupied and may be delivered vacant at Close of Escrow.
Key Highlights
- Approximately 5,747 SF across two parcels
- Approximately 1,471 SF first floor, 3,287 SF second floor, and 989 SF basement
- 31 total parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$123,101
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,462,020
$2.5M
Cap Rate 7%
$1,758,586
$1.8M
Cap Rate 9%
$1,367,789
$1.4M
Market Conditions
NOI Build-Up for 5,747 SF
Gross rent
$193.1K $33.60/SF
− Vacancy
−$29.0K −$5.04/SF
EGI
$164.1K $28.56/SF
− OpEx
−$41.0K −$7.14/SF
NOI
$123.1K $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%
$2,462,020
Cap Rate 7%
$1,758,586
Cap Rate 9%
$1,367,789
Alternative Uses
Best Use
Office B
$1.76M
$1.54M – $2.05M
NOI $123,101 @ 7.0% cap · market cap 2.86%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$129.37M
$113.19M – $150.93M
NOI $9,055,567 @ 7.0% cap · market cap 210.59%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
5,544
Businesses Nearby
Explore this area
Business Placement
Demographics for 91106, CA
24,172
Population
11,809
Households
2
Avg Household Size
38
Median Age
63%
College-Educated
94%
High-School Grad
2.7 sq mi
ZIP Area
8,953
Density / Sq Mi
$89,213
Median Household Income
$59,700
Median Earnings
$2,096
Median Rent
$966,700
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Flexible office property with basement space, on-site parking, and a location near dining, shopping, and public EV charging.
Where is this office building located?
The property is located at 910 San Pasqual St Pasadena, CA.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: Approximately 5,747 SF across two parcels; Approximately 1,471 SF first floor, 3,287 SF second floor, and 989 SF basement; 31 total parking spaces
