918 Green StPasadena, CA 91106

Property Details for 918 Green St

Year built

1951

Construction

TILT-UP CONCRETE

Lot size

0.30 AC

Property size (Sq ft)

14,720 SF

Zone code

PSC-

Property type

Office buildings

APN

5735-034-061

APU

5735034061

Description

This exceptional 3,058-square-foot executive office suite, located at 918 East Green Street, Suite 150, Pasadena, CA 91106, presents a remarkable opportunity for businesses seeking a prestigious location in Los Angeles County. The single-tenant space is situated on the ground floor and offers immediate occupancy. Previously utilized by an escrow company, the property is ready for immediate customization to suit a variety of professional needs. The versatile layout is ideal for a range of office configurations, and its retail zoning allows for flexible use. The property boasts ample parking with three designated spaces. The address is conveniently located in Pasadena, offering easy access to major transportation arteries and a vibrant business community. This is a rare opportunity to secure a high-quality, ground-floor commercial space in a desirable location. The total building square footage is 3,058 square feet, with the entire space currently vacant and ready for immediate lease. The property's location in Los Angeles County provides access to a robust workforce and a thriving market. This turnkey solution eliminates the need for extensive renovations, allowing businesses to focus on their core operations. Don't miss this chance to establish your presence in a prime Pasadena location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,944,354

  6.5%

  $3,640,942

  7%

  $3,380,874

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,787,500

  Geo Method

  $2,799,155

• Alternative Use

  Use

  Valuation

  Residential

  $4,514,768

  Hospitality

  $4,135,503

  Educational

  $3,440,690

  Medical

  $3,559,020

  Retail

  $5,352,184

Location Insight

City

Pasadena

County

Los Angeles

State

California

Latitude

34.1443

Longitude

-118.131

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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