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Executive Summary

Coldwell Banker Realty is pleased to present an exceptional acquisition opportunity: a strategically located industrial property in the dynamic heart of East Pasadena. Situated at 2041 E. Villa Street, this ±7,539 SF freestanding industrial building sits on a 15,001 SF lot and is currently occupied by a single tenant, with the lease set to expire in April 2027, offering investors near-term flexibility for redevelopment or lease renewal. Zoned CL (Commercial Limited), the property opens the door to a range of possibilities for both investors and developers. The building currently comprises three offices, two bathrooms, two storage rooms, a showroom, and a lobby, along with 13 parking spaces and one ground-level bay door, a configuration well-suited to a variety of commercial and light-industrial uses. Built in 1967, the property benefits from Pasadena's central San Gabriel Valley location, with convenient access to major freeway corridors and a diverse mix of surrounding industrial, commercial, and residential uses. Whether you're seeking immediate rental income from the in-place tenant or envisioning a long-term redevelopment play, this property offers a compelling opportunity in one of Pasadena's most vibrant corridors. This is a rare chance to secure an asset where potential and location intersect.

Property Facts

Price $4,873,995 CAD
Price Per SF $646.50 CAD
Sale Type Investment or Owner User
Cap Rate 4%
Sale Conditions
1031 Exchange
  • Redevelopment Project
Property Type
Flex
  • Industrial Distribution
  • FlexLight Distribution
  • Office Office Residential
Building Class C
Lot Size 0.34 AC
Rentable Building Area 7,539 SF
No. Stories 1
Year Built 1967
Parking Ratio 1.72/1,000 SF
Clear Ceiling Height 30’
No. Drive In / Grade-Level Doors 1
Zoning CL1

Amenities

  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Designerfit LLC
  • -
  • -
  • -
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease End
Designerfit LLC - - - Jan 0000
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
5745-011-024
Land Assessment
$1,747,006 CAD
Improvements Assessment
$667,735 CAD
Total Assessment
$2,414,740 CAD
  • Listing ID: 41753664

  • Date on Market: 2026-08-14

  • Last Updated:

  • Address: 2041 E Villa St, Pasadena, CA 91107

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