Technical
Financial
Distress signals
Property profile

1130 E Colorado Blvd Pasadena, CA 91106

FOR SALE
Parking lots & garages
Property ID
US10-0231815
10,000 SF 0.23 ac lot Built 1952
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail property, located at 1130 Colorado Boulevard in Pasadena, California, presents a compelling investment opportunity. The property boasts a substantial 24,076 square feet of improved space situated on a sizable 0.87-acre lot (60,092 square feet). Its prime location along the highly trafficked Colorado Boulevard ensures exceptional visibility and accessibility, attracting a large volume of potential customers. The property benefits from its position within a vibrant and thriving Pasadena community, close to major transportation arteries, ensuring convenient access for both employees and customers. The property has a proven track record of consistent rental income, demonstrating its strong market position and potential for future growth. This makes it an attractive proposition for investors seeking a stable, high-return investment in a desirable location. The substantial size of the property offers significant flexibility for a variety of retail uses, or potential for future development, subject to local zoning regulations. The robust local economy and increasing demand for commercial space in Pasadena further enhance the long-term investment potential of this remarkable property. This is a rare opportunity to acquire a significant retail asset in a highly sought-after area of Pasadena. The property's size, location, and proven income stream combine to create a compelling investment case.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1952
Total area 10,000 SF
Lot 0.23 ac (10,063 SF)
Zoning code PSC*
APN 5735-012-003
UPID US10-0231815

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Postal Service Courier Service
  • (Bike/Boat/Book/etc) Store Printing Service
  • Big Box & Wholesale Store
  • Atm
  • (Bike/Boat/Book/etc) Store

Location

1130 E Colorado Blvd Pasadena, CA 91106
Pasadena metro Census 463500 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.29M
CAP Approach CAP
by Request
Comparable Approach Comparable
$10.59M
Blend (final) Blend
$9.23M

Owner & transaction history

since 2025
Last sale
$11.5M
7 recorded transactions
2025
$100,000
2023
Price N/A
2022
Price N/A
2018
Price N/A
2018
$11.5M
2015
Price N/A
2015
$10.2M

Zoning & alternative use

PSC* · Pasadena, CA
Top alternative use upside
Restaurant $7.0M +30.3%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message