117 Colorado BlvdPasadena, CA 91105

Property Details for 117 Colorado Blvd

Year built

1905

Construction

STEEL FRAME

Lot size

0.34 AC

Property size (Sq ft)

94,820 SF

Zone code

PSC-

Property type

Office properties

Property subtype

Office buildings

APN

5723-024-013

APU

5723024013

Description

This exceptional Class A office space, located at 117 East Colorado Blvd., Suite 600, Pasadena, CA 91105, offers a dynamic and versatile work environment in the heart of Old Town Pasadena's historic district. The property, totaling 12,908 square feet, boasts 350 suites and currently has 5,970 square feet of vacant space available. The building underwent renovations in 2019, ensuring modern amenities and a stylish atmosphere. Space is available in various configurations, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet, catering to businesses of all sizes. The property is ideal for executive offices, coworking spaces, creative offices, and other professional uses. Building features include elevators. Its central location provides easy access to Los Angeles and benefits from the vibrant local workforce and numerous nearby restaurants. The property is situated in Los Angeles County and offers a blend of historic charm and modern functionality, making it an attractive option for businesses seeking a prestigious and convenient location. This is a multiple tenancy building.

• CAP approach

  CAP return

  Valuation

  6%

  $25,407,854

  6.5%

  $23,453,404

  7%

  $21,778,160

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,955,894

  Geo Method

  $18,030,972

• Alternative Use

  Use

  Valuation

  Residential

  $29,082,220

  Hospitality

  $26,639,158

  Educational

  $22,163,466

  Medical

  $22,925,702

  Retail

  $34,476,504

Location Insight

City

Pasadena

County

Los Angeles

State

California

Latitude

34.1461

Longitude

-118.148

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].