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140 S Rosemead Blvd
Pasadena, CA 91107
Retail Property For Sale

PROPERTY FACTS
ABOUT 140 S ROSEMEAD BLVD , PASADENA, CA 91107
Marcus & Millichap is pleased to present 140 S Rosemead Blvd in East Pasadena (Los Angeles County), an approximate 9,234 Square Foot Mixed-Use property on a 0.27-acre lot. The subject property consists of three separate buildings: 1) An approximate 6,800 Square Foot Retail Building 2) An approximate 660 Square Foot Storage Building 3) An approximate 1,720 Square Foot Single Family Home (3 Beds + 2 Baths). Located just below the I-210 freeway, the subject property is on a corner lot just three blocks south of the Historic Route 66 (E Colorado Blvd). The Vintage Art Deco retail building has a beautiful bow truss ceiling and a glass retail showcase on S Rosemead. With approximately 80 feet of frontage along the heavily trafficked corridor (+/- 24,760 SF VPD) and a large monument sign, the property enjoys great visibility. The property has a Walkscore of 74, meaning that most errands can be accomplished on foot. Public transportation is also easily accessible with the Metro Gold line only a half mile away. National retailers in the immediate area include but are not limited to: Cost Plus World Market, Harbor Freight Tools, Whole Foods Market, Ralphs, Trader Joe’s, Old Navy, Nordstrom Rack, DICK’s Sporting Goods, Pet Smart, Ulta Beauty, Bed Bath & Beyond, Best Buy, Ross Dress for Less, Target, Smart & Final, Orchard Supply Hardware and many more. The underlying zoning of the property is MXD (Mixed-Use Zone). The zoning allows for a mixture of a residential, commercial, and limited light industrial uses and buildings in close proximity to bus and rail transit stations. The zone integrates a wide range of housing densities with community-servicing commercial uses to serve local residents, employees, pedestrians and consumers. Compact development is encouraged to promote walking, bicycling, recreation, transit use, and community reinvestment, to reduce energy consumption, and to offer opportunities for employment and consumer activities in close proximity to residences. The current zoning allows for a FAR of 3.0. The city of Pasadena with a total area of 23.1 square miles is located only ten miles northeast of downtown Los Angeles. The subject property is located less than half a mile from various outdoor shopping centers and is a short distance away from the Historic Santa Anita Thoroughbred racetrack. Along with becoming a Centre of Science and Technology, Pasadena’s historic and cultural presence allow for thriving neighborhoods and endless opportunities.
PROPERTY TAXES
| Parcel Number | 5755-024-018 | Improvements Assessment | $1,298,917 |
| Land Assessment | $1,461,282 | Total Assessment | $2,760,199 |
PROPERTY TAXES
Listing ID: 14031025
Date on Market: 10/10/2018
Last Updated:
Address: 140 S Rosemead Blvd, Pasadena, CA 91107
The East Pasadena Retail Property at 140 S Rosemead Blvd, Pasadena, CA 91107 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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