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950 S Arroyo Pky 21,876 SF Office Building Pasadena, CA 91105 $16,700,000 ($763.39/SF)

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INVESTMENT HIGHLIGHTS

  • Centrally located between Glendale and Arcadia in Los Angeles County
  • Close proximity to the Foothill 210 and Ventura 134 Freeways
  • Excellent visibility along S Arroyo Parkway
  • 1.3 miles away from the renowned Huntington Memorial Hospital
  • Easy access to a variety of dining and retail amenities

EXECUTIVE SUMMARY

NAI Capital Commercial, Inc. is pleased to present Space For Lease and For Sale at the Class A Medical Office Building (“MOB”) located at 950 S Arroyo Parkway, Pasadena CA. Given there are (3) three contiguous suits vacant on the 2nd floor of approximately 2,586, 2,328 and 1,755 sqft totaling approximately 6,669 sqft, which is newly built-out and ready for immediate occupancy, the offering allows an Investor or Owner-User looking for a pride of ownership medical office building to lease and/or purchase this asset. The property is located on the south entrance to west Pasadena via Arroyo Parkway and is only 1.3 miles away from the renowned Huntington Memorial Hospital, a Cedars-Sinai affiliate. The property has highly built out medical office space with balconies allowing users to take advantage of Pasadena’s great climate and picturesque vies of the San Gabriel Mountains and surrounding San Gabriel Valley area. Given its location at the south entrance to Pasadena and its proximity to the Foothill 210 and Ventura 134 Freeways, ingress and egress to and from the property is surpassed by no other.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
21,876 SF
Building Class
B
Year Built
1981
Price
$16,700,000
Price Per SF
$763.39
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,292 SF
Building FAR
1.05
Lot Size
0.48 AC
Zoning
SFO-MU-C - Office or health facility excluding inpatient services or overnight accommodation
Parking
52 Spaces (2.38 Spaces per 1,000 SF Leased)

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste 210
  • 2,586 SF
  • Office/Medical
  • Full Build-Out
  • 30 Days
  • 2nd Fl-Ste 220
  • 2,328 SF
  • Office/Medical
  • Full Build-Out
  • 30 Days
  • 2nd Fl-Ste 230
  • 1,755 SF
  • Office/Medical
  • Full Build-Out
  • 30 Days
  • 2nd Fl-Ste 250
  • 2,858 SF
  • Office/Medical
  • Full Build-Out
  • 30 Days
  • 3rd Fl-Ste 310
  • 2,812 SF
  • Office/Medical
  • Full Build-Out
  • 30 Days
  • 3rd Fl-Ste 320
  • 2,473 SF
  • Office/Medical
  • Full Build-Out
  • 30 Days
  • 3rd Fl-Ste 330
  • 3,886 SF
  • Office/Medical
  • Full Build-Out
  • 30 Days
  • 3rd Fl-Ste 340
  • 1,767 SF
  • Office/Medical
  • Full Build-Out
  • 30 Days
Space Size Space Use Condition Available
2nd Fl-Ste 210 2,586 SF Office/Medical Full Build-Out 30 Days
2nd Fl-Ste 220 2,328 SF Office/Medical Full Build-Out 30 Days
2nd Fl-Ste 230 1,755 SF Office/Medical Full Build-Out 30 Days
2nd Fl-Ste 250 2,858 SF Office/Medical Full Build-Out 30 Days
3rd Fl-Ste 310 2,812 SF Office/Medical Full Build-Out 30 Days
3rd Fl-Ste 320 2,473 SF Office/Medical Full Build-Out 30 Days
3rd Fl-Ste 330 3,886 SF Office/Medical Full Build-Out 30 Days
3rd Fl-Ste 340 1,767 SF Office/Medical Full Build-Out 30 Days

2nd Fl-Ste 210

Size
2,586 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
30 Days

2nd Fl-Ste 220

Size
2,328 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
30 Days

2nd Fl-Ste 230

Size
1,755 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
30 Days

2nd Fl-Ste 250

Size
2,858 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
30 Days

3rd Fl-Ste 310

Size
2,812 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
30 Days

3rd Fl-Ste 320

Size
2,473 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
30 Days

3rd Fl-Ste 330

Size
3,886 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
30 Days

3rd Fl-Ste 340

Size
1,767 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
30 Days

2nd Fl-Ste 210

Size 2,586 SF
Space Use Office/Medical
Condition Full Build-Out
Available 30 Days

3rd Fl-Ste 310

Size 2,812 SF
Space Use Office/Medical
Condition Full Build-Out
Available 30 Days

Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5720-017-037
Land Assessment
$4,612,237
Improvements Assessment
$4,356,001
Total Assessment
$8,968,238
  • Listing ID: 32333259

  • Date on Market: 7/3/2024

  • Last Updated:

  • Address: 950 S Arroyo Pky, Pasadena, CA 91105

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