3330 Colorado BlvdPasadena, CA 91107

Property Details for 3330 Colorado Blvd

Year built

1925

Construction

TILT-UP CONCRETE

Lot size

0.12 AC

Property size (Sq ft)

3,752 SF

Zone code

PSR17200&B

Property type

Retail properties

Property subtype

Other retail properties

APN

5754-015-023

APU

5754015023

Description

This exceptional East Pasadena property offers a rare opportunity to acquire a 3,752-square-foot retail/office building situated on Colorado Boulevard. Boasting 38 linear feet of frontage, the building benefits from high visibility to the 21,000 vehicles traversing this busy corridor daily. Its strategic location between major retailers like Target and Amazon Fresh ensures significant foot traffic and brand recognition. Less than a mile from the 210 Freeway, accessibility is optimal for both commuters and shoppers. The property includes prominent signage enhancing visibility to both eastbound and westbound traffic. Parking is ample, with 7 spaces (4 dedicated and 3 tandem) supplemented by abundant street parking. Built in 1925, this single-story Class C building sits on a 5,319-square-foot lot and is zoned commercial (APN: 5754-015-023). The property is available for sale at $2,488,000 or lease at $5,650 per month ($1.50 per square foot per month) through February 28, 2025. This presents a unique chance to own or lease a prime commercial space in a thriving East Pasadena district.

• CAP approach

  CAP return

  Valuation

  6%

  $1,759,979

  6.5%

  $1,624,596

  7%

  $1,508,553

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,181,501

  Geo Method

  $1,797,970

• Alternative Use

  Use

  Valuation

  Residential

  $1,370,407

  Hospitality

  $1,255,286

  Educational

  $1,044,383

  Medical

  $1,080,301

  Retail

  $1,624,596

Location Insight

City

Pasadena

County

Los Angeles

State

California

Latitude

34.1459

Longitude

-118.082

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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