2940 Foothill Blvd Pasadena, CA 91121
- Community centers
- 119,550 SF
- 4.05 lot acres
Current Use by Public Records
- Early Bird Disposal Inc / Corporate Office
- James Consulting, Inc / Boutique
Property Details for 2940 Foothill Blvd
- Year built
- 1954
- Construction
- TILT-UP CONCRETE
- Lot size
- 4.05 lot acres
- Property size
- 119,550 SF
- Zone code
- PSM*
- Property type
- Community centers
- APN
- 5748-037-010
- APU
- 5748037010
Description
This exceptional 120,435-square-foot executive office complex in Pasadena, California, presents a compelling value-add opportunity for investors. Situated on a four-acre lot at 2940 E. Foothill Blvd, this Class B property boasts high visibility along a heavily trafficked thoroughfare. The three-story building, constructed in phases between 1947 and 1978, offers flexible space with varying ceiling heights (10', 11.2', and 12'). Currently vacant, this property allows for immediate repositioning and redevelopment. Ample parking is available with 278 spaces. Its prime location offers easy access to the 210 Freeway and the Sierra Madre Villa Gold Line Metro Station, making it a truly transit-oriented development. Zoned EPSP-d1-IG, the property permits a variety of commercial, office, retail, and industrial uses, with a 0.90 FAR and a 45-foot height limit. The East Pasadena Specific Plan encourages mixed-use development, aligning perfectly with the property's potential. The property's APN numbers are 5748-037-004 (portion of), 5752-022-803, 5748-037-007, 5752-022-005, and 5752-022-004. This location offers significant near-term upside potential due to its adjacency to new retail and its strategic placement within the East Foothill Industrial District. The property's current zoning and the city's recent General Plan revisions create a favorable environment for expansion and redevelopment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pasadena
- County
- Los Angeles
- State
- California
- Longitude
- -118.091
- Latitude
- 34.1482
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA