87 Green StPasadena, CA 91105

Property Details for 87 Green St

Year built

1908

Construction

TILT-UP CONCRETE

Lot size

0.14 AC

Property size (Sq ft)

18,750 SF

Zone code

PSC-

Property type

Investment properties

Property subtype

Live-work space

APN

5722-029-017

APU

5722029017

Description

The Edison El Rey Building, located at 87 E Green St in Pasadena, CA 91105, offers exceptional creative office space for lease. This Los Angeles County property boasts a total of 8,189 square feet, with multiple tenancy options available. Currently, there are 6,469 square feet of vacant space ready for immediate occupancy. The building offers flexible layouts, with spaces ranging from a minimum of 1,065 square feet to a maximum contiguous space of 1,856 square feet. Ideal for businesses seeking a vibrant and inspiring work environment, this property is perfectly situated in Pasadena's dynamic urban core. The building's creative office subtype caters to companies that value unique and adaptable spaces. This is a fantastic opportunity to secure prime office space in a highly desirable location. The address is easily accessible and offers convenient access to local amenities and transportation. Interested parties are encouraged to inquire about available space and lease terms. Don't miss this chance to establish your business in this exceptional Pasadena property. The building is classified as an office building with multiple tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $5,024,228

  6.5%

  $4,637,748

  7%

  $4,306,480

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,550,654

  Geo Method

  $3,565,500

• Alternative Use

  Use

  Valuation

  Residential

  $5,750,808

  Hospitality

  $5,267,710

  Educational

  $4,382,672

  Medical

  $4,533,399

  Retail

  $6,817,490

Location Insight

City

Pasadena

County

Los Angeles

State

California

Latitude

34.1447

Longitude

-118.149

CBSA code

31080

CBSA name

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

Property Tax & Assessments

FAQs

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