11 Del Mar BlvdPasadena, CA 91105

Property Details for 11 Del Mar Blvd

Year built

1978

Construction

TILT-UP CONCRETE

Lot size

0.21 AC

Property size (Sq ft)

10,971 SF

Zone code

PSC-

Property type

Office properties

Property subtype

Office buildings

APN

5713-023-019

APU

5713023019

Description

This exceptional Pasadena commercial property, located at 11 W Del Mar Blvd, 91105, offers a unique blend of office and lab space ideal for a variety of businesses. The building, constructed in 1978, features a total of 8,736 square feet across two stories, divided into seven suites. Suites range from approximately 998 to 1,850 square feet, providing flexibility for businesses of varying sizes. The property sits on a 9,069 square foot lot and is zoned PSC. The building boasts ample free parking with 26 convenient surface spaces and a wide rear alley for easy access. The current lab configuration offers approximately 7,595 square feet upstairs and 1,141 square feet downstairs. This Class C building presents a compelling opportunity for businesses seeking a well-located, versatile workspace in the thriving Pasadena market. The property's location in Pasadena, California offers excellent visibility and accessibility. This is an exceptional opportunity to establish or expand your business in a dynamic and convenient setting. The building's signage availability further enhances its appeal for businesses seeking high visibility. This property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $2,939,776

  6.5%

  $2,713,640

  7%

  $2,519,808

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,077,559

  Geo Method

  $2,086,245

• Alternative Use

  Use

  Valuation

  Residential

  $3,364,913

  Hospitality

  $3,082,242

  Educational

  $2,564,389

  Medical

  $2,652,582

  Retail

  $3,989,050

Location Insight

City

Pasadena

County

Los Angeles

State

California

Latitude

34.141

Longitude

-118.151

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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