2234 Colorado Blvd Pasadena, CA 91107-3608
- Office buildings
- 7,896 SF
- 0.23 lot acres
Current Use by Public Records
- Sim Infotech, Inc / Software Company
- rabco / Business To Business Service / Payroll Service
- New Generation Computing Inc / Software Company
- George M. Turner Law Offices / Estate Planning Attorney / Attorney
Property Details for 2234 Colorado Blvd
- Year built
- 1983
- Construction
- WOOD
- Lot size
- 0.23 lot acres
- Property size
- 7,896 SF
- Zone code
- PSC*
- Property type
- Office buildings
- APN
- 5747-006-025
- APU
- 5747006025
Description
This exceptional three-story, 9,279 square foot Class B office building in Pasadena, CA, presents a unique owner-user investment opportunity. Located on the prestigious Colorado Boulevard, this 1983-constructed property boasts a highly desirable address along the Rose Parade route, offering unparalleled access to world-class shopping, dining, and entertainment. The building features a thoughtfully designed layout with ample parking (3 spaces per 1,000 square feet) conveniently situated on both sides, accessible via a central breezeway. Overflow parking is available through a neighboring church, presenting potential for future medical office conversion. With a net rentable area of 8,156 square feet, the asking price is $5,300,000, translating to $571.18 per square foot. The property sits on a 0.23-acre lot and benefits from a Walk Score of 90, placing it in a "Walkers Paradise" within easy reach of Old Pasadena, the South Lake Financial District, and the Playhouse District. Its prime location at the intersection of East Colorado Boulevard and Sierra Madre Boulevard provides excellent visibility and accessibility, with over 21,000 cars passing daily, and convenient access to the I-210 Freeway and the Metro Gold Line. The building's location within a strong neighborhood office market, characterized by limited supply and low vacancy rates, further enhances its investment appeal. The potential to leverage the property's location for Rose Parade events or generate additional revenue through parking rentals adds to its overall value proposition. This is a rare chance to acquire a well-maintained, centrally located office building in one of Pasadena's most sought-after areas.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $460,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $538,000
Market price range: $359k - $1.64M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pasadena
- County
- Los Angeles
- State
- California
- Longitude
- -118.104
- Latitude
- 34.1457
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
