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Property profile & analytics
OFF-MARKET Estimated value $2,635,000
Investment properties

2493 Colorado Blvd Pasadena, CA 91107-4265

11,549 SF 0.25 ac lot Built 1928
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US10-0242484
Property summary
AI-generated overview

This exceptional commercial property, located at 2493 E Colorado Blvd, Pasadena, CA 91107, presents a unique investment opportunity. Situated on a signalized corner at a major intersection, this property offers 11,986 square feet of retail and land space, encompassing two buildings. The main building features 8,642 square feet of ground floor retail space, currently offering 4,680 square feet of vacant space ideal for owner-occupancy or leasing. An additional 3,340 square feet is comprised of seven upstairs units. Built in 1928, this two-story property is zoned PSC* and boasts a convenient location near popular amenities such as In-N-Out Burger, Vons, Starbucks, and Target, with direct access to the 210 Freeway via Altadena Drive. The property's location and size make it suitable for a variety of retail uses. The available space ranges from 1,451 to 4,680 square feet, providing flexibility for potential tenants. The property's APN is 5746-001-030. This is a rare opportunity to acquire a well-positioned retail property in a thriving Pasadena location.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1928
Construction TILT-UP CONCRETE
Total area 11,549 SF
Lot 0.25 ac (10,733 SF)
Zoning code PSC*
APN 5746-001-030
UPID US10-0242484
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
  • Beauty With Hair Care Hair Salon Nail Salon
  • Solutions Inc. Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.44M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.64M
Owner & transaction history
Harbor Properties LLC · 9 yrs held
Harbor Properties LLC
since 2017
7 recorded transactions
2022
Price N/A
2017
$2.8M
2016
Price N/A
2015
Price N/A
2013
Price N/A
2009
Price N/A
2008
Price N/A
Zoning & alternative use
PSC* · Pasadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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