310-709-0947
670 N Rosemead Blvd, Pasadena, CA for Sale
Loft/Creative Space - FOR SALE
1/20
null | Request Cap Rate

670 N Rosemead Blvd
Pasadena, CA 91107
Hastings Ranch


HIGHLIGHTS

  • Two-Story Elevator-Served Office Building
  • Abundant Parking
  • ±1.28 Acres with Low Site Coverage
  • Affluent Employment Hub
  • Exceptional Amenity Base
  • By-Right High-Density Residential Redevelopment

OVERVIEW

Avison Young is pleased to present 670 N. Rosemead Boulevard, an exceptional opportunity to acquire a ±14,448 SF office building on ±1.28 acres in Pasadena, California. The property is well-suited for an office owner-user or investor, with compelling upside as a by-right high-density residential development site allowing up to 48 units per acre. Constructed in 1975, the two-story, elevator served office building features dedicated surface parking at a 3.00/1,000 SF ratio (43 spaces) and low site coverage. The existing improvements offer immediate occupancy for an owner-user or investment potential, while the underlying land value and favorable zoning create a clear path to by-right residential redevelopment. The property’s by-right density of up to 48 units per acre supports a wide range of high-density residential strategies, including for-sale townhomes, market-rate rental apartments, or affordable housing development. The ±1.28-acre site provides meaningful scale in one of the most supply-constrained and sought-after residential markets in Los Angeles County. 670 N. Rosemead Boulevard benefits from an abundance of nearby amenities, including dining, retail, grocery, and daily services, making it an ideal location for future residents and current office tenants alike. The property offers excellent connectivity via the 210 and 134 Freeways, with proximity to Old Town Pasadena, Caltech, and the Rose Bowl, further enhancing its appeal as a premier residential or office location. With its existing improvements, by-right high-density residential zoning, and prime Pasadena location surrounded by established amenities, the property presents a compelling opportunity for an office investor, owner-user, or residential developer seeking a versatile asset in one of Southern California’s most desirable submarkets.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Office Owner-User/Investment Opportunity

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

1.28 AC

LAND SF

55,688 SF

ZONING

CO, Pasadena

APN/PARCEL ID

5757-006-021

ASK ABOUT THIS PROPERTY

Patrick BarnesAvison YoungMore Info
310-709-0947

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Patrick BarnesAvison YoungMore Info
310-709-0947

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.