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507-511 Mission St 6 460 pi² 100% Loué Bureau Immeuble South Pasadena, CA 91030 5 896 086 $ CAD (912,71 $ CAD/pi²)
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Faits saillants de l'investissement
- 3 Separately Metered Units
- Metro A Line Access to DTLA
- DTSP Mixed-Use Core Zoning
- High-Ceiling, Adaptable Floor Plans
- 100% OCCUPIED / 4,800 SF AVAILABLE
- FIRST TIME ON MARKET IN 40+ YEARS
Résumé de l'annonce
CBRE, Inc. presents a rare opportunity to acquire a premier, free-standing office building at 507-511 Mission Street, in the heart of South Pasadena’s historic Mission District.
First time on the market in over 40 years, this single-story property was originally constructed in 1927 and comprises 6,850 SF across three suites on 10,507 SF of land. High ceilings and flexible floor plans make the building well-suited for professional, creative, legal, or medical services — and its single-story layout offers a rare combination of accessibility and adaptability for a single owner/user or continued multi-tenant investment.
The property is currently 100% occupied, with two leases expiring in 2027 that will free up 4,800 SF for owner occupancy or re-leasing at market rates. The smallest suite (700 SF) expires March 2027 and the largest (4,100 SF) expires December 2027, while one long-term tenant occupying the remaining 2,050 SF is under lease through 2034, providing stable in-place income. Tenants cover all utilities based on occupancy, keeping operating expenses lean. The property sits within the DTSP Mixed-Use Core Zone and offers 11 surface parking spaces.
Positioned along Mission Street with unmatched walkability to Trader Joe’s, the weekly Farmers Market, and South Pasadena’s celebrated dining and retail scene, the building also offers Metro A Line access to Downtown Los Angeles. South Pasadena’s strong schools, high median incomes, and consistently low inventory have made it one of the most sought-after submarkets in the San Gabriel Valley.
First time on the market in over 40 years, this single-story property was originally constructed in 1927 and comprises 6,850 SF across three suites on 10,507 SF of land. High ceilings and flexible floor plans make the building well-suited for professional, creative, legal, or medical services — and its single-story layout offers a rare combination of accessibility and adaptability for a single owner/user or continued multi-tenant investment.
The property is currently 100% occupied, with two leases expiring in 2027 that will free up 4,800 SF for owner occupancy or re-leasing at market rates. The smallest suite (700 SF) expires March 2027 and the largest (4,100 SF) expires December 2027, while one long-term tenant occupying the remaining 2,050 SF is under lease through 2034, providing stable in-place income. Tenants cover all utilities based on occupancy, keeping operating expenses lean. The property sits within the DTSP Mixed-Use Core Zone and offers 11 surface parking spaces.
Positioned along Mission Street with unmatched walkability to Trader Joe’s, the weekly Farmers Market, and South Pasadena’s celebrated dining and retail scene, the building also offers Metro A Line access to Downtown Los Angeles. South Pasadena’s strong schools, high median incomes, and consistently low inventory have made it one of the most sought-after submarkets in the San Gabriel Valley.
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Taille du bâtiment
6 460 pi²
Classe d’immeuble
B
Année de construction
1927
Prix
5 896 086 $ CAD
Prix par pi²
912,71 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Superficie de plancher typique
6 460 pi²
Coefficient d’occupation des sols de l’immeuble
0,62
Taille du lot
0,24 AC
Zonage
DTSP
Stationnement
11 places (1,7 places par 1 000 pi² loué)
1 1
Moyennement accessible à pied
60/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun relativement accessibles
50/100
Moyennement accessible en vélo
60/100
Impôts fonciers
| Numéro de lot | 5313-008-015 | Évaluation des bâtiments | 712 876 $ CAD |
| Évaluation du terrain | 598 802 $ CAD | Évaluation totale | 1 311 678 $ CAD |
Impôts fonciers
Numéro de lot
5313-008-015
Évaluation du terrain
598 802 $ CAD
Évaluation des bâtiments
712 876 $ CAD
Évaluation totale
1 311 678 $ CAD
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507-511 Mission St
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