2493 Colorado Blvd Pasadena, CA 91107-4265
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PSC* · Pasadena, CAPasadena. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.