Property summary
This exceptional single-story office building, located at 35 E Glenarm St in Pasadena, CA, presents a compelling investment opportunity. The 4,730 square foot building sits on a 9,479 square foot lot and boasts a desirable location within the Fair Oaks Medical Corridor, adjacent to Huntington Memorial Hospital. Currently owner-occupied, this Class B property offers significant potential for conversion into a medical office building (MOB). The property features 12 surface parking stalls (2.54 per 1,000 square feet), providing ample parking for staff and clients. Its strategic location offers easy access to major freeways (110, 210, and 134) and is within walking distance of the Metro Gold Line, ensuring convenient commuting options. The asking price is $4,880,000, translating to $1,031.71 per square foot. The property is zoned SFO-MU-C and is offered fee simple. This presents a rare chance to acquire a well-situated property in a thriving medical area with high growth potential. The building's existing infrastructure and prime location make it an ideal candidate for immediate occupancy or strategic redevelopment. Don't miss this chance to own a piece of Pasadena's vibrant medical corridor. APN: 5720-006-018.
Property profile
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Tax year 2024Property description
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PSM* · Pasadena, CAZoning
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