135 Green StPasadena, CA 91105

  • Office buildings
  • 16,713 SF
For Lease
$42/SF/YR View listing

Property Details for 135 Green St

Year built
1991
Construction
WOOD
Lot size
0.24 AC
Property size (Sq ft)
16,713 SF
Zone code
PSC-
Property type
Office buildings
APN
5713-008-024
APU
5713008024

Description

This exceptional Pasadena commercial property, located at 135-141 W Green St, 91105, offers a unique investment opportunity. The single-story building, constructed in 1991, boasts a total of 18,344 square feet situated on a 10,510 square foot lot. The property is classified as Class B and zoned PSC, providing flexibility for a variety of uses. Currently configured as both traditional office and medical office space, it features a multi-tenant setup. Two immediately available suites offer significant potential, ranging from approximately 1,500 to 2,631 square feet. The building's prime location in Pasadena, California offers excellent visibility and accessibility. The larger of the available spaces is a third-floor office suite. This property presents a compelling opportunity for businesses seeking a well-maintained, versatile space in a thriving Pasadena location. The property's address is 135-141 W Green St, Pasadena, CA 91105, and its Assessor's Parcel Number (APN) is 5713-008-024. The property type is listed as Retail, Office, with subtypes including Traditional Office, Medical Office, and Street Retail.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,478,396
    6.5%
    $4,133,904
    7%
    $3,838,625
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,164,911
    Geo Method
    $3,178,144
  • Alternative Use

    Use
    Valuation
    Residential
    $5,126,040
    Hospitality
    $4,695,426
    Educational
    $3,906,539
    Medical
    $4,040,891
    Retail
    $6,076,838

Location Insight

City
Pasadena
County
Los Angeles
State
California
Latitude
34.1447
Longitude
-118.153
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$54,059
$1,356,158
$2,380,823
$3,736,981
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