Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Property Type

    Commercial Sale

  • Property Sub Type

    Office

Price

  • Sales Price

    $1,999,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Other

Elementary School

Middle School

High School

Listing Courtesy of Jae Buck , Meridian Capital Realty

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Ideally situated just south of Hastings Ranch at the dynamic borders between Pasadena and Arcadia, this commercial office building commands excellent street frontage along the highlyvisible Colorado Boulevard corridor, making it a prime candidate for mixed-use development opportunities. Currently functioning with a lower level dedicated to an acupuncture education facility and an upper level that most recently housed a CPA firm, the property offers a versatile layout that can accommodate a variety of professional and commercialuses. The building's solid bones and strategic location provide an exceptional chance for investors to breathe new life into space and capitalize on the growing demand for commercial and mixed-use properties in this thriving area. With abundant parking and easy access to major thoroughfares, this unique property invites a visionary buyer to explore multiple redevelopment or leasing strategies, making it an opportunity to own an asset in a highly sought-after commercial corridor.

3871 E Colorado Boulevard

Message successfully sent.

What would you like to know?

Related Properties

3rd Price reduction! Prime Mixed-Use Owner-user/Investment opportunity on Hill Ave, Superb location crossing Colorado Blvd and south of 210 FWY, Excellent Exposure with Superb Demographics, Seller MAY CARRY Up To 60% LTV at 5% fixed for 5 years! 



The property is a value-add mixed-use (retail/residential) property with superb exposure right on Hill Ave and located south of 210 FWY with Colorado Blvd as its nearest cross street. This is the first time this property is being offered for sale for more than 20 years! The property has a wide 60ft exposure on Hill Ave and offers a CG (Commercial General) zoning which should allow much higher density redevelopment options (buyer to verify). It enjoys a high traffic volume of ±21k cars per day and has superb demographics with ±$133k average household income within a mile radius. For a qualified buyer, Seller may carry a 60% LTV (40% down payment) secured by a 1st Trust Deed against subject property with 5% interest rates on a 5-year fixed Interest Only and 5-year term (balloon payment at end of year 5).



The property has a total of ±4,366 SF building size on a large ±9,327 SF CG Zoned lot and consists of 2 separate buildings. The front building is a two-story retail building with about ±3,100 total square footage (±69% of the building – buyer to verify) and the back building is a small two-story residential building (4 units). 



The front building is split up into 3 separate suites. All the tenants are month-to-month, and the rents are significantly below market. Unit #84 is recently vacant and has about 2074 sf space with the main space has 14ft high ceilings (see pictures). 



The back residential 4 units tenants are also on month-to-month agreement and the rental amount is also significantly below market. The back residential building consists of 2 small 1bed+1bath and 2 small studio units (estimated sizes are in the rent roll). This rental upside provides clear opportunities for a savvy buyer to come in and increase the income immediately.  



The property is located within the central Pasadena area (near Pasadena City College and California Institute of Technology), south of 210 Freeway and just within minutes to Old Town Pasadena area. Boasting a Walk Score of 87 with SUPERB demographics, it offers a superior location with easy access to FWY 210 and FWY 134. It is approximately a mile away from Pasadena Playhouse District, and around ±1.8miles from Old Town Pasadena.
#AR25163169

Pasadena

80 88 N Hill Avenue

None Beds

None Baths

5,199 Sq.Ft.

$2,300,000

MLS#: AR25163169

Commercial Building for Sale! In the beautiful city of Pasadena. Location is great! Tenant occupied. Buyers to conduct due

diligence with associating themselves with the building and planning department in Pasadena - on the type of future

developments, improvements, permits, etc.
#CV25079926

Pasadena

1485 Lincoln Avenue

None Beds

None Baths

3,480 Sq.Ft.

$1,800,000

MLS#: CV25079926

Prime East Pasadena location. Two commercial store front spaces plus FOUR residential inits.
#P1-21697

Pasadena

259 S Rosemead Boulevard

None Beds

None Baths

4,597 Sq.Ft.

$1,800,000

MLS#: P1-21697

 - property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here