130 S Euclid

Pasadena, CA

 

$4,750,000

 
 
 
 

20

SUITES

$237,500

PRICE/SUITE

$606.64

PRICE/SQ FT

5.00%

CAP

6.83%

PRO FORMA CAP

1937

YEAR BUILT

93

WALK SCORE
 

The LA Apartment Advisors are pleased to present 130 South Euclid Ave, a multi-tenant office building consisting of three separate structures, in Old Town Pasadena. Preserved in historic charm and in the heart of the business district, the 7,830 square foot property consists of 20 separate office suites.

This asset rests on a 19,382 SF lot (0.45 Acres) and is an ideal opportunity for an owner user / investor to capitalize on the cash flow potential of the property. The property currently has two vacant and 18 fully occupied suites on one-year leases. Additional income is also generated from on-site parking (managed by Diamond Parking Services) and three garages.

SBA financing is available.

In a prime location of downtown Pasadena, less than 5 minutes walking from Pasadena Civic Auditorium and the premier dining and shopping destination of The Paseo; less than a mile from from Pasadena City Hall, the premier dining and shopping of Old Pasadena, and many other thriving businesses. Old Town Pasadena showcases nearly 150 years of development, change and the care of many stakeholders. Today, the historic streets, alleyways, rustic brick facades, and architectural accents of Pasadena's original business district create an authentic streetscape of open-air eateries, specialty boutiques, galleries, theaters, and much more. A skillful blend of old and new has reclaimed the heritage of Pasadena's early downtown charm.

 
 
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Edward Chao

ASSOCIATE

O: (818) 212-2808

M: (818) 271-8006

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