Medical Premises

South Pasadena, CA Medical Office Space for Sale

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San Marino, CA Pasadena, CA Alhambra, CA Los Angeles, CA San Gabriel, CA Highland Park, CA Monterey Park, CA Rosemead, CA
Free-Standing Single-Story Office Building
Updated: Apr 16
Free-Standing Single-Story Office Building

507 Mission Street, South Pasadena, CA 91030

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6,850 sqft
Free‑standing single‑story office building built in 1927 at 507‑511 Mission Street, South Pasadena
6,850 SF total with three suites on 10,507 SF of land
Currently 100% occupied; leases expiring in 2027 will free up 4,800 SF, with suite sizes 700 SF and 4,100 SF
One long‑term tenant in the remaining 2,050 SF is under lease through 2034 for stable in‑place income
Tenants pay all utilities based on occupancy and the building includes 11 surface parking spaces
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in South Pasadena, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

4-Suite Medical Office Building
4-Suite Medical Office Building

531 W Las Tunas Dr, San Gabriel, CA 91776

$1,800,000
4,576 sqft 0.30 AC lot

One suite has a dental layout, while three other suites are occupied by medical practices.

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Medical Office with On-Site Parking
Medical Office with On-Site Parking

229 S Mission Dr, San Gabriel, CA 91776

$1,750,000

Three open work areas, a meeting room, kitchen and two bathrooms accommodate a range of office functions.

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Medical/Office Condo in Alhambra
Medical/Office Condo in Alhambra

320-330 S Garfield Ave, Suite 102, Alhambra, CA 91801

Contact for pricing
1,664 sqft

Medical/office condo near hospitals with SBA financing potential.

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Medical/Office Condo in Alhambra
Medical/Office Condo in Alhambra

320-330 S Garfield Ave, Suite 210, Alhambra, CA 91801

Contact for pricing
1,385 sqft

Medical/office condo near hospitals with SBA financing potential.

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Off-Market Properties in South Pasadena, CA

Consider similar Off-Market properties in South Pasadena, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1016 Fair Oaks Ave Ste A
MEDICAL BUILDING

1016 Fair Oaks Ave Ste A, South Pasadena, CA 91030-3357

Estimated value:
$325,000
2,525 sqft 0.18 AC lot
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701 Fremont Ave
MEDICAL BUILDING

701 Fremont Ave, South Pasadena, CA 91030-2529

Estimated value:
$370,000
3,517 sqft 0.21 AC lot
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1140 Fremont Ave
MEDICAL BUILDING

1140 Fremont Ave, South Pasadena, CA 91030-5759

Estimated value:
$335,000
2,787 sqft 0.17 AC lot
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South Pasadena, CA Medical Office Space Market Trends and Statistics

Explore 4 medical office space for sale in South Pasadena, CA on our real estate platform. These investment opportunities span a total of 6,850 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 13
Office buildings 6
Medical Office Space 2
Creative space 1

Demographics Overview

Population 26K
Population Growth (5Y) +2.0%
Median Household Income $128,105
College Educated 53.2%

High-Yield Neighborhoods for Investment

Identify South Pasadena submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
91030 $9.8M

Taxes & Financing

Tax Rate (average for all types) 1.31%
Property Tax per SF $8.74 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Los Angeles County

New Delisted

Total CRE Inventory on Market (SF)

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