Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    837 Fair Oaks Ave Pasadena, CA 91105

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Pasadena office space near Huntington Hospital. Multiple suites available.

    Lot size:
    5,017 SF

    Property Features for 837 Fair Oaks Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,017 SF
    Class
    C
    Total Rate
    9783.15

    Spaces For Lease

    at 837 Fair Oaks Ave, Pasadena, CA 91105 Contact us
    Unit 2nd Floor, Ste 200

    $31 /Mo

    Size
    3,719 SF
    Contact us
    Unit 2nd Fl, Ste 205

    $23 /Mo

    Size
    1,298 SF
    Contact us

    We can help!

    Listing Contact
    Bill Ukropina
    Bill Ukropina

    Listing Agency: Coldwell Banker Commercial NRT Pasadena Listing Agent: Bill Ukropina

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional commercial property at 837 S Fair Oaks Ave, Pasadena, CA 91105, offers 5,017 square feet of vacant office space in a multi-tenant building. The property features a total of 11 suites, with individual spaces ranging from a minimum of 1,298 square feet to a maximum contiguous area of 3,719 square feet. The building, constructed in 1962, is a two-story Class C structure with a total building size of 20,407 square feet and a typical floor size of 7,308 square feet. Parking is readily available with a 4:1,000 square foot ratio. The location boasts excellent access to major freeways including the I-210, CA-134, and CA-110, as well as proximity to the Metro Gold Line Fillmore Station, making commuting convenient. The property benefits from abundant retail amenities along the Fair Oaks corridor and is situated adjacent to Huntington Hospital. Walk Score® is 83 (Very Walkable) and Bike Score® is 76 (Very Bikeable). This presents a unique opportunity for businesses seeking a well-located, versatile office space in a thriving Pasadena neighborhood within Los Angeles County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Santoro Dentistry Dental Office Holly Wang Pediatrician Kindercare Pediatrics Pediatrician Huntington Orthopedics Physical ... Medical Clinic New Directions Counseling ... Counselor

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Los Angeles
    State
    California
    Longitude
    -118.1508338
    Latitude
    34.1313653

    Nearby Similar for Lease

    • $4,520 /Mo
      227,019 SF

      Premium Office Space in Pasadena

      Sublease opportunity in a renovated Class A office building.
      301 N Lake Ave, Pasadena, CA 91101
      View Details
    • New
      Contact for pricing

      Century Square

      Workspaces, services and support to help you work better in Miami Airport
      155 Lake Ave, Pasadena, CA 91101
      View Details
    • Sponsored
      New
      Contact for pricing

      Old Town Pasadena

      All-inclusive access to workspace, virtual office and meeting rooms in 505 Montgomery
      117 Colorado Blvd, Pasadena, CA 91105
      View Details
    • Contact for pricing

      Spaces Playhouse District

      Discover many ways to work your way in AZ, Tempe - Hayden Ferry Lake
      680 Colorado Blvd, Pasadena, CA 91101
      View Details
    • $1,000 /Mo
      672 SF

      Pasadena Hair/Beauty Salon Sublease

      Sublease opportunity in established Pasadena hair/beauty salon.
      1056 E Walnut St, Pasadena, CA 91106
      View Details
    • $2 SF/Yr
      34,517 SF

      Retail Space in Pasadena Center

      Retail space available in a busy Pasadena shopping center.
      736 North Los Robles Ave, Pasadena, CA 91104
      View Details
    • $3 SF/Yr
      20,132 SF

      Colorado Boulevard Office Suite

      Office suite with balcony overlooking Colorado Blvd in Old Pasadena.
      36 West Colorado Blvd, Pasadena, CA 91105
      View Details
    • $2 SF/Yr
      20,160 SF

      Pasadena Playhouse District Office Space

      Second floor office space in the Pasadena Playhouse district.
      505 E Colorado Blvd, Pasadena, CA 91101
      View Details
    • Contact for pricing

      Retail Space in Old Pasadena

      Open-air marketplace near historic Old Town Pasadena with shops and dining.
      300 East Colorado Blvd, Pasadena, CA 91129
      View Details
    • Contact for pricing
      12,379 SF

      Historic Old Town Pasadena Office

      Six-story, 85,906 SF building in the heart of Old Town.
      117 East Colorado Blvd, Pasadena, CA 91105
      View Details
    • Contact for pricing

      Office Sublease in Pasadena

      Office space available for sublease at 100 West Walnut Street.
      100 West Walnut St, Pasadena, CA 91124
      View Details
    • Contact for pricing

      Office Space in Pasadena

      Office space available for rent in Pasadena, California.
      80 S Lake Ave, Pasadena, CA 91101
      View Details

    FAQs

    What type of property is this?
    Land - Prime Pasadena office space near Huntington Hospital. Multiple suites available.
    Where is this land located?
    The property is located at 837 Fair Oaks Ave Pasadena, CA.
    What is the lease rate?
    The lease rate is $23-$31 SF/Yr.
    What are key features of this property?
    This property features: Office space available near Huntington Memorial Hospital.; Second-floor suite (205) with exterior staircase access only.; Ample surface and covered parking available.
    (626) 844-2200 Call to check price and availability
    Request Owner's contact information
    837 Fair Oaks Ave Pasadena, CA 91105
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    837 Fair Oaks Ave
    Pasadena, CA 91105
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    837 Fair Oaks Ave Pasadena, CA 91105
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Bill Ukropina
    Bill Ukropina
    (626) 844-2200 (626) 233-0383 (626) 584-0050
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!