For Sale
$14,800,000

911 Colorado BlvdPasadena, CA 91106

Prime location, 24,956 SF office space

Overview

Added:
Dec 11, 2024
Days on market:
115
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.

Highlights

  • Prime South Lake Avenue District location: 12-block area with 600 businesses, 2M SF Class A office space, and 450,000 SF of retail.
  • Exceptional headquarters opportunity: Ideal for law firms, accounting firms, tech, science, media, or creative office users in a thriving innovation center.
  • Gothic Revival architecture: Designed by renowned architect Wendell W. Warren.
  • Rich history: Formerly the Lieberg Department Store, Brown Derby Restaurant, and Pasadena Star-News building.
  • Historic designation potential: Age-eligible for historic evaluation; meets CEQA thresholds as a historic resource.
  • Three-story building with lower level: ±24,956 RSF of office/retail space.

Property Details for 911 Colorado Blvd

Property type
Office properties, Office space
Square Feet
24,956 SF
Year Built/Renovated
1926/1984
Stories
3

Location Insight

City
Pasadena
County
Los Angeles
State
California
Latitude
34.1458549
Longitude
-118.1316571
911 Colorado Blvd, Pasadena, California

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911 Colorado Blvd
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