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Property profile

2536 St Pasadena, CA

OFF-MARKET
Mixed-use properties
740 SF Built 1954
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Property summary

AI-generated overview

This exceptional mixed-use property in Pasadena, California presents a unique lease opportunity ideal for a small business or entrepreneur seeking versatile space. Located just off Altadena Drive and Villa Street, one block north of the 210 freeway, this property offers unparalleled convenience and accessibility. The main building comprises 417 square feet of usable space, featuring a clean and well-maintained 322-square-foot office area complete with a half-bath. Additional storage space is also included within the main building. A significant advantage of this property is the inclusion of a detached, 322-square-foot two-car garage accessed directly from the alley. This garage offers ample space that can be utilized for storage, expanding the office footprint, or accommodating business-related vehicles. The total leasable area, encompassing both the main building and the garage, amounts to 740 square feet. The property's strategic location near major thoroughfares and the 210 freeway ensures high visibility and easy access for clients and employees. This is a rare opportunity to secure a well-appointed and versatile commercial space in a highly desirable Pasadena location. The monthly lease rate is $2000.

Property profile

Verified
Property type Mixed-use properties
Year built 1954
Total area 740 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2536 St Pasadena, CA
Pasadena metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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