Property profile & analytics
2956 Colorado Blvd Pasadena, CA 91107-4418
This commercial property is located in Pasadena’s Colorado Boulevard corridor, offering visibility in a commercial district. The location is surrounded by retail centers, dining establishments, financial institutions, and service providers, benefiting from foot traffic. Situated minutes from major highways, the location provides regional connectivity. Fronting a heavily traveled commercial artery, the property offers branding and signage opportunities. The flexible configuration is suited for retail, dining, boutique offices, or mixed-use concepts. The property contains 7333 square feet and is located in Los Angeles County.
- Retail properties & Spaces
- 7,603 SF
- 0.38 lot acres
OFF-MARKET
Value Estimations
$2,625,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US09-7842609
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Shahe Jemelian: Allstate Insurance / Insurance Agency
- Grand Century Cruises / Travel Agency
- Exr Art Center / Vocational School
Property Details for 2956 Colorado Blvd
- Year built
- 2018
- Construction
- WOOD
- Lot size
- 0.38 lot acres
- Property size
- 7,603 SF
- Zone code
- PSC*
- Property type
- Retail properties & Spaces
- APN
- 5748-016-032
- APU
- 5748016032
Property Overview
This commercial property is located in Pasadena’s Colorado Boulevard corridor, offering visibility in a commercial district. The location is surrounded by retail centers, dining establishments, financial institutions, and service providers, benefiting from foot traffic. Situated minutes from major highways, the location provides regional connectivity. Fronting a heavily traveled commercial artery, the property offers branding and signage opportunities. The flexible configuration is suited for retail, dining, boutique offices, or mixed-use concepts. The property contains 7333 square feet and is located in Los Angeles County.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,895,000
- 6.5%
- $2,675,000
- 7%
- $2,480,000
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $4,270,000 Current use
- AUTO REPAIR, GARAGE
- $3,805,000 Change: -11% Conversion: Difficult
- MEDICAL BUILDING
- $3,455,000 Change: -19% Conversion: Easy
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pasadena
- County
- Los Angeles
- State
- California
- Longitude
- -118.09
- Latitude
- 34.1459
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$41,967
$1,972,993
$1,491,002
$3,463,995
-
$0.00
$0.00
$0.00
