911 Colorado Blvd Pasadena, CA 91106-1772
Property summary
This stunning three-story, 24,956 square foot office building, located at 911 E Colorado Blvd in Pasadena, CA 91106, presents a unique owner-user opportunity. Built in 1926 and renovated in 1984, this Gothic-Revival style building, designed by Architect Wendall W. Warren, boasts a rich history, having served as the Lieberg Department Store, the Brown Derby Restaurant, and the home of the Pasadena Star-News. Currently, approximately 5,384 square feet of ground floor space is leased to Life Source Water, generating investment income (rent roll available upon request). The remaining approximately 19,572 square feet is available to the owner-user, including approximately 12,892 square feet on the second and third floors and approximately 6,680 square feet on the lower level, suitable for offices or storage. Situated at the northern end of Pasadena's South Lake Avenue District, a vibrant area with over 600 businesses and significant Class A office space, this property offers an irreplaceable headquarters location for a variety of businesses, including law firms, accounting firms, technology companies, science firms, media companies, or creative office users. The building is conveniently located two blocks from the 210/134 freeway on-ramp, providing easy access to Downtown Los Angeles, the San Gabriel Valley, and the San Fernando Valley. Public transportation is also readily available, with the Gold Line's Lake Avenue Station just two blocks away. Pasadena's favorable business climate, with no city business, parking, or utility taxes, further enhances the appeal of this exceptional property. The asking price is $14,800,000 ($593.04 per square foot). The lot size is 7,767 square feet, and the property is zoned PD-10 AD-2. The APN is 5738-008-065. While not currently on the National Register of Historic Places, the building is age-eligible for historic evaluation and meets CEQA thresholds as a historic resource.
Property profile
VerifiedCap rate & NOI
Current use
-
Physician Medical Clinic
-
Psychotherapist Adult Education School
-
Insurance Agency
-
Home Appliance Store Hardware & Home Improvement
-
Recording Studio
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
PSC* · 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 PSC* 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.