2940 E Foothill Blvd Pasadena, CA 91121
For Sale
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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.
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Early Bird Disposal Inc Corporate Office
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James Consulting, Inc Clothing & Fashion Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
1 recent transactions · within 1.5 miProperty description
Physical attributes from public recordsZoning & alternative use
PSM* · 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.
