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Owner-User Retail/Office/Mixed Use 911 E Colorado Blvd 27,571 SF 100% Leased Office Building Pasadena, CA 91106 $13,500,000 ($489.64/SF)
INVESTMENT HIGHLIGHTS
- Gateway to Pasadena’s South Lake Avenue District — 600+ businesses, 2M+ SF of Class A office, 450K SF of retail, dining, and cultural venues.
- Built in 1926 as the Lieberg Building; later housed Brown Derby Restaurant and Pasadena Star-News (1990–2016).
- Close to Pasadena ARTS bus station and Metro Gold Line Lake Ave Station; traffic counts exceed 52,900 daily.
- Prominent dual signage and 50 ft. Colorado Blvd. frontage.
- Near I-210/134 on-ramp with direct access to DTLA, SGV, and SFV.
- No business tax, no parking tax, and no utility tax
EXECUTIVE SUMMARY
SVN Rich Investment Real Estate Partners, as exclusive advisor, presents The Lieberg Building (the “Property”), a ±24,956 RSF retail and office asset at Lake Avenue and Colorado Boulevard in Pasadena.
Zoned CD-MU-G, the Property allows multiple uses including office, medical, retail, restaurant, and live/work. For either an investment or Owner/User, Buyers may occupy ±16,037–19,422 RSF while benefiting from existing income and rent upside.
Centrally located between Pasadena’s South Lake and Playhouse Districts, the Property offers exceptional walkability and access to one of LA County’s most affluent trade areas.
Zoned CD-MU-G, the Property allows multiple uses including office, medical, retail, restaurant, and live/work. For either an investment or Owner/User, Buyers may occupy ±16,037–19,422 RSF while benefiting from existing income and rent upside.
Centrally located between Pasadena’s South Lake and Playhouse Districts, the Property offers exceptional walkability and access to one of LA County’s most affluent trade areas.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
27,571 SF
Building Class
B
Year Built/Renovated
1926/1984
Price
$13,500,000
Price Per SF
$489.64
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
9,190 SF
Building FAR
3.55
Lot Size
0.18 AC
Zoning
CD-MU-G - Commercial
AMENITIES
- 24 Hour Access
Walk Score®
Walker's Paradise (98)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 5738-008-065 | Improvements Assessment | $3,608,107 |
| Land Assessment | $1,220,389 | Total Assessment | $4,828,496 |
PROPERTY TAXES
Parcel Number
5738-008-065
Land Assessment
$1,220,389
Improvements Assessment
$3,608,107
Total Assessment
$4,828,496
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Owner-User Retail/Office/Mixed Use | 911 E Colorado Blvd
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