1/17

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1/17

Pasadena, CA 91101
Asking Price
$4.50M
Asset Type
Retail
Class
Class B

What's Special

1/17 Pasadena is situated in a central commercial corridor characterized by a mix of historic architecture and modern urban development. The surrounding neighborhood features a high density of residential units, professional offices, and established service providers. The property offers proximity to major regional shopping centers and diverse dining options. Local transportation access is provided by several Metro bus lines and the nearby L Line light rail station, while the 210 and 134 freeways are accessible within a short drive, ensuring steady regional connectivity and pedestrian traffic. This retail asset is suited for businesses seeking street-level visibility in a high-traffic urban environment. Ideal use cases include boutique apparel, specialty grocery, or neighborhood-focused service providers such as salons or fitness studios. The location is well-positioned for national retailers or local entrepreneurs looking to capitalize on the area's daytime professional population and local resident base. Typical tenants include destination retailers and service-oriented businesses that benefit from the established commercial character and the surrounding community's demographic profile.

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NOI
$80,000
Cap Rate
1.78%
DSCR
0.30
Underwater
Cash-on-Cash
-13.86%
Monthly Payment
$22,263.545
Annual Cash Flow
$-187,162.537

Location & Travel Times