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480 S Rosemead Blvd 832 SF Office Building Pasadena, CA 91107 $1,495,000 ($1,796.88/SF)
Executive Summary
Rare development and owner-user opportunity along the Rosemead Boulevard corridor. The existing building has a flexible configuration suitable for medical office, professional office, or retail use. The property is offered vacant for immediate occupancy, renovation, or redevelopment.
The MXD zoning supports long-term mixed-use development potential. The property features highly visible Rosemead Boulevard frontage, generous on-site parking, and convenient ingress and egress from Rosemead Boulevard.
The adjacent property at 470 S. Rosemead Boulevard is also available separately for $1,695,000. Combining both properties would create an approximately ±19,500 SF contiguous assemblage, providing additional scale for mixed-use, multifamily, restaurant, parking, or commercial redevelopment.
The MXD zoning supports long-term mixed-use development potential. The property features highly visible Rosemead Boulevard frontage, generous on-site parking, and convenient ingress and egress from Rosemead Boulevard.
The adjacent property at 470 S. Rosemead Boulevard is also available separately for $1,695,000. Combining both properties would create an approximately ±19,500 SF contiguous assemblage, providing additional scale for mixed-use, multifamily, restaurant, parking, or commercial redevelopment.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
832 SF
Building Class
C
Year Built
1945
Price
$1,495,000
Price Per SF
$1,796.88
Tenancy
Single
Building Height
1 Story
Typical Floor Size
832 SF
Building FAR
0.09
Lot Size
0.20 AC
Zoning
MXD
Parking
12 Spaces (10 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5378-015-008 | Improvements Assessment | $54,233 |
| Land Assessment | $75,243 | Total Assessment | $129,476 |
Property Taxes
Parcel Number
5378-015-008
Land Assessment
$75,243
Improvements Assessment
$54,233
Total Assessment
$129,476
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