Two-Story Office in Quiet
930 Colorado Boulevard 1, Los Angeles, CA 90041
Two-story office with parking, near Old Town Pasadena.
Type:Commercial/Industrial
Property size:
4,790 SFLot size:
0.65 AcresPrice / SF:
$448/SF- Added:
- Mar 11, 2026
- Days on Market:
- 68
- Last Refresh:
- Apr 5 at 10:01 pm
Property Features for 930 Colorado Boulevard 1
General Information
- Standard status
- Active
- Size
- 4,790 SF
- Lot size
- 0.65 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1981
Listing agent Mike Tolj License #01373646
Listing office TOLJ Commercial Real Estate Se (323) 258-4946
Listing date Mar 11, 2026
Source Exitrealty
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 TOLJ Commercial Real Estate Se
HighLights
- Prime location: Close to Old Town Pasadena's retail and dining, with easy access to freeways 2, 210, and 134.
- Versatile appeal: Ideal for investors or professionals in architecture, engineering, accounting, law, and family therapy.
- Ample space: Approximately 4,790 square feet office on a 28,268 square foot lot.
- Functional layout: Features executive offices, reception area, kitchenette, and storage.
- 11 assigned parking spaces.
- Collaborative environment: Part of an office condominium community with shared amenities, including a conference room.
Overview
This two-story office space, comprising approximately 4,790 square feet, is situated on a 28,268 square foot lot. The layout includes executive offices, a reception area, a kitchenette, and storage space. Eleven assigned parking spaces are included. Located within a condominium complex, the office is part of a cohesive office community with shared ownership. The property, identified as Office Condominium Suite 1, is located in a quiet area featuring trees and hills. The office fosters a collaborative environment and provides amenities such as a conference room, storage area, and kitchenette. The location offers convenient access to Old Town Pasadena, with its numerous retail and dining options, and is near major freeways 2, 210, and 134. This property is suitable for investors and owner-user professionals, particularly those in fields such as architecture, engineering, accounting, law, family therapy, and related businesses, offering secure ownership with income potential.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$1.26M
NOI $113,697 @ 9.00% cap · cautious / downside scenario
Moderate
$1.62M
NOI $113,697 @ 7.00% cap · market / base-case scenario
Aggressive
$2.27M
NOI $113,697 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $186.2k | $38.88 |
| − Vacancy | −$34.6k | −$7.23 |
| EGI | $151.6k | $31.65 |
| − OpEx | −$37.9k | −$7.91 |
| NOI | $113.7k | $23.74 |
4,790 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$1.62M
$1.42M – $1.89M
NOI $113,697 @ 7.0% cap · market cap 5.29%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$97.04M
$84.91M – $113.22M
NOI $6,792,977 @ 7.0% cap · market cap 315.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
PPC Construction, Inc.
Construction Company
Law Offices of Gihan ...
Law Firm
Tolj Commercial Real ...
Real Estate Agency
Hyssop Travel
Travel Agency
GMS Global Management ...
Marketing & Advertising
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.186
- Latitude
- 34.1388
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Two-story office with parking, near Old Town Pasadena.
Where is this office units located?
The property is located at 930 Colorado Boulevard 1 Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Prime location: Close to Old Town Pasadena's retail and dining, with easy access to freeways 2, 210, and 134.; Versatile appeal: Ideal for investors or professionals in architecture, engineering, accounting, law, and family therapy.; Ample space: Approximately 4,790 square feet office on a 28,268 square foot lot.
