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Property profile & analytics
OFF-MARKET Estimated value $4,985,000
Investment properties

1 California Blvd Pasadena, CA 91105-3029

29,868 SF 1.45 ac lot Built 1964
Individually Owned 30-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-7842462
Property summary
AI-generated overview

This Pasadena commercial property, located at 1 W California Blvd (NWC of California Blvd. & Fair Oaks Ave.), offers a unique blend of office and retail space within the Cal Fair Plaza. The 32,238 square foot building, constructed in 1914 and renovated in 1980, sits on a 1.45-acre lot and features seven buildings with two stories each. The property boasts 16 suites, with a minimum divisible space of 552 square feet and a maximum contiguous space of 1,142 square feet. Currently, 4,224 square feet are vacant. The building has a 0.51 FAR and offers one parking spot per suite. Amenities include exposed brick walls and skylights in select office suites, creating a quiet workspace with natural light. A common area restroom is available. The property's C3 zoning in Los Angeles County, within the San Gabriel Valley's Pasadena submarket, provides excellent visibility and accessibility. Its prime location is within walking distance of Old Pasadena and Huntington Hospital, with convenient access to the 210, 134, and 110 freeways, as well as the Metro Gold Line. The property is a brick shopping center featuring ground floor retail/restaurant space and second-level office spaces. Major tenants include Porta Via, Los Tacos, Lulu Brandt, and Fashion Cleaners. The property benefits from a bus line and signalized intersection, ensuring high visibility and accessibility.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1964
Construction TILT-UP CONCRETE
Total area 29,868 SF
Lot 1.45 ac (62,976 SF)
Zoning code PSC-
APN 5713-041-024
UPID US09-7842462
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Fashion Cleaners (Bike/Boat/Book/etc) Store
  • Keith Valone, Ph.D. Psy.D. MSCP, Licensed Psychologist Physician Medical Clinic
  • Porta Via Italian Foods Restaurant
  • Symmetry Chaos Tattoo Tattoo & Piercing Shop
  • Dr. Christopher Michael Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.99M
Owner & transaction history
South Goodyear Invs · 30 yrs held
South Goodyear Invs
since 1996
4 recorded transactions
2017
Price N/A
1996
Price N/A
1996
$2.2M
1995
$2.0M
Zoning & alternative use
PSC- · Pasadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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