66 Hurlbut StPasadena, CA 91105

  • Office buildings
  • 20,896 SF

Property Details for 66 Hurlbut St

Year built
1982
Lot size
1.25 AC
Property size (Sq ft)
20,896 SF
Zone code
PSC-
Property type
Office buildings
APN
5719-022-102
APU
5719022102

Description

This vacant, three-story medical office building, totaling 21,100 square feet, sits on a 1.25-acre lot in Pasadena, CA. Built in 1982, the Class C property boasts ample parking (4 spaces per 1,000 sq ft) and is zoned RM32, with medical use approved by the City of Pasadena. Conveniently located near the 210, 134, and 110 freeways, it offers easy access to major transportation routes. Its proximity to Huntington Health and Old Town Pasadena provides excellent visibility and access to amenities. The property presents a unique owner-user opportunity in a thriving medical corridor, allowing for the creation of a high-quality patient care facility. The building's spacious layout and substantial lot size offer significant potential for expansion or customization. This is a rare chance to acquire a self-contained medical campus in a highly desirable location. The property's Assesor's Parcel Number (APN) is 5719-022-102.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,599,267
    6.5%
    $5,168,554
    7%
    $4,799,372
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,957,038
    Geo Method
    $3,973,583
  • Alternative Use

    Use
    Valuation
    Residential
    $6,409,007
    Hospitality
    $5,870,616
    Educational
    $4,884,284
    Medical
    $5,052,262
    Retail
    $7,597,774

Location Insight

City
Pasadena
County
Los Angeles
State
California
Latitude
34.1295
Longitude
-118.152
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
$144,851
$8,577,615
$4,020,757
$12,598,372
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