For Sale
$1,490,000

940 Union StPasadena, CA 91106

Prime Pasadena location, income-producing office building

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional two-story, Spanish-style office building in Pasadena, California, presents a unique owner-user opportunity with existing income. Located in the desirable South Lake Business District, near Colorado Blvd and Lake Ave, this property offers 2,924 square feet of space, per the assessor, in a 4,913 square foot lot. Built in 2003, the Class B office building features six dedicated parking spaces—a rare find in this area—and boasts operable windows providing expansive views in all directions. The building's prime corner location offers excellent visibility and accessibility. With five current tenants, this investment provides immediate cash flow. The property's Walk Score of 97 designates it a Walker's Paradise, providing easy access to numerous amenities. The permitted zoning is PSC-, and the APN is 5738-008-040. This is an ideal opportunity for an owner-user seeking a well-located, income-generating property with significant character and convenience. The asking price is $1,490,000, resulting in a price per square foot of $509.58.

Highlights

  • Two-story Spanish-style office building, approx. 2,924 SF (assessor), in Pasadena's South Lake Business District.
  • Spanish-style architecture.
  • Operable windows offering panoramic views.
  • Six dedicated parking spaces.
  • Walk Score of 97, a Walker's Paradise.

Property Details for 940 Union St

Property type
Office properties
Square Feet
2,924 SF
Year Built
2003
Buildings
1
Stories
2

Location Insight

City
Pasadena
County
Los Angeles
State
California
Latitude
34.1477464
Longitude
-118.1310813
940 Union St, Pasadena, California

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940 Union St
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