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Informations principales sur 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 analytique
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.
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- Offering Memorandum
Informations sur l’immeuble
| Type de vente | Investissement ou propriétaire occupant | Surface utile brute | 636 m² |
| Type de bien | Local d'activités | Nb d’étages | 1 |
| Sous-type de bien | Manufacture légère | Année de construction | 1927 |
| Classe d’immeuble | B | Ratio de stationnement | 0,15/1 000 m² |
| Surface du lot | 0,1 ha | ||
| Zonage | DTSP | ||
| Type de vente | Investissement ou propriétaire occupant |
| Type de bien | Local d'activités |
| Sous-type de bien | Manufacture légère |
| Classe d’immeuble | B |
| Surface du lot | 0,1 ha |
| Surface utile brute | 636 m² |
| Nb d’étages | 1 |
| Année de construction | 1927 |
| Ratio de stationnement | 0,15/1 000 m² |
| Zonage | DTSP |
1 1
Moyennement praticable à pied
60/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun relativement accessibles
50/100
Moyennement praticable en vélo
60/100
Taxes foncières
| Numéro de parcelle | 5313-008-015 | Évaluation des aménagements | 440 117 € |
| Évaluation du terrain | 369 690 € | Évaluation totale | 809 807 € |
Taxes foncières
Numéro de parcelle
5313-008-015
Évaluation du terrain
369 690 €
Évaluation des aménagements
440 117 €
Évaluation totale
809 807 €
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507-511 Mission St
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