680 Colorado BlvdPasadena, CA 91101

Property Details for 680 Colorado Blvd

Year built

2015

Construction

STEEL FRAME

Lot size

1.33 AC

Property size (Sq ft)

148,214 SF

Zone code

PSC-

Property type

Office properties

Property subtype

Office buildings

APN

5734-037-036

APU

5734037036

Description

This Class A office building, located at 680 E Colorado Blvd in Pasadena, CA 91101, offers 48,831 square feet of versatile workspace. The property, renovated in 2019, features a mix of traditional office, executive office, coworking, and creative office spaces, perfect for businesses of all sizes. Units range from a minimum of 50 square feet to a maximum contiguous space of 1,300 square feet, with a total of 350 suites. Currently, 5,650 square feet are available. The building boasts an attractive art deco design, a high-end lobby, and excellent street presence. Amenities include a ground floor restaurant, shared courtyards, communal areas, meeting rooms, and lounges. High-speed Wi-Fi and 24-hour access are provided. Convenient underground parking is available with direct building access, along with ample above-ground parking. The building's location offers easy access to public transportation, including the Metro Gold Line Light Rail, providing a simple commute to Downtown Los Angeles. The surrounding Playhouse District is a vibrant neighborhood with numerous retail options, restaurants, and cultural attractions, including universities and the Pasadena Playhouse. This is an exceptional opportunity to establish your business in a thriving and convenient location.

• CAP approach

  CAP return

  Valuation

  6%

  $39,715,244

  6.5%

  $36,660,228

  7%

  $34,041,640

• Comparable approach

  Method

  Valuation

  Relative Method

  $28,067,022

  Geo Method

  $28,184,374

• Alternative Use

  Use

  Valuation

  Residential

  $45,458,680

  Hospitality

  $41,639,908

  Educational

  $34,643,916

  Medical

  $35,835,372

  Retail

  $53,890,532

Location Insight

City

Pasadena

County

Los Angeles

State

California

Latitude

34.1453

Longitude

-118.136

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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