Entity Owned 
For Sale
1 / 35
Property summary
This exceptional 120,435-square-foot executive office complex in Pasadena, California, presents a compelling value-add opportunity for investors. Situated on a four-acre lot at 2940 E. Foothill Blvd, this Class B property boasts high visibility along a heavily trafficked thoroughfare. The three-story building, constructed in phases between 1947 and 1978, offers flexible space with varying ceiling heights (10', 11.2', and 12'). Currently vacant, this property allows for immediate repositioning and redevelopment. Ample parking is available with 278 spaces. Its prime location offers easy access to the 210 Freeway and the Sierra Madre Villa Gold Line Metro Station, making it a truly transit-oriented development. Zoned EPSP-d1-IG, the property permits a variety of commercial, office, retail, and industrial uses, with a 0.90 FAR and a 45-foot height limit. The East Pasadena Specific Plan encourages mixed-use development, aligning perfectly with the property's potential. The property's APN numbers are 5748-037-004 (portion of), 5752-022-803, 5748-037-007, 5752-022-005, and 5752-022-004. This location offers significant near-term upside potential due to its adjacency to new retail and its strategic placement within the East Foothill Industrial District. The property's current zoning and the city's recent General Plan revisions create a favorable environment for expansion and redevelopment.
Property profile
VerifiedCap rate & NOI
Current use
-
Corporate Office
-
Clothing & Fashion Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
1 recent transactions · within 1.5 miSimilar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
PSM* · Pasadena, CAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PSM* in Pasadena, CA.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight
