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200 E Del Mar Blvd
Pasadena, CA 91105
Evergreen Office Center · Office Property For Sale
Investment Highlights
- The property provides stable income with future rent growth potential due to its proximity to Huntington Hospital.
- Centrally positioned on Del Mar Boulevard, east of Arroyo Parkway.
- Features secure subterranean parking for tenants and visitors, along with on-site professional property management for leasing tenants.
Executive Summary
Evergreen Office Center is a beautifully maintained, ±55,837 square foot, 3-story multi-tenant office building located on ±1.10 acres in Pasadena, CA. Centrally positioned on Del Mar Boulevard, east of Arroyo Parkway, it offers easy access to the 110 and 210 freeways.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
55,837 SF
Building Class
B
Year Built
1981
Price
$14,000,000
Price Per SF
$250.73
Cap Rate
6.36%
NOI
$890,762
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
18,612 SF
Slab To Slab
11’
Building FAR
1.17
Lot Size
1.10 AC
Zoning
PSC- - Planned Shopping Center
Parking
48 Spaces (2.5 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Property Manager on Site
Property Taxes
| Parcel Number | 5722-014-019 | Improvements Assessment | $7,694,429 |
| Land Assessment | $8,363,509 | Total Assessment | $16,057,938 |
Property Taxes
Parcel Number
5722-014-019
Land Assessment
$8,363,509
Improvements Assessment
$7,694,429
Total Assessment
$16,057,938
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