The Offering

  • PRICING Submit Offer
  • BUILDING AREA ±14,448 SF
  • LAND AREA (SF/AC) ±55,688 SF / ±1.28 AC
  • APN 5757-006-021
  • EXISTING IMPROVEMENT Two story, elevator served office building & paved parking area
  • YEAR BUILT 1975
  • EMERGENCY POWER SYSTEMS Caterpillar Olympian D40P4 (Exterior Grade) Diesel generator with Output: 40 kVA Standby / 36 kW
  • PARKING 43 Striped Spaces
  • ZONING CO, Pasadena
  • Residential Density 48 Units/AC

Executive Summary

Avison Young is pleased to present 670 N. Rosemead Boulevard, an exceptional opportunity to acquire a ±14,448 SF office building on ±1.28 acres in Pasadena, California. The property is well-suited for an office owner-user or investor, with compelling upside as a by-right high-density residential development site allowing up to 48 units per acre. Constructed in 1975, the two-story, elevator served office building features dedicated surface parking at a 3.00/1,000 SF ratio (43 spaces) and low site coverage. The existing improvements offer immediate occupancy for an owner-user or investment potential, while the underlying land value and favorable zoning create a clear path to by-right residential redevelopment.

The property’s by-right density of up to 48 units per acre supports a wide range of high-density residential strategies, including for-sale townhomes, market-rate rental apartments, or affordable housing development. The ±1.28-acre site provides meaningful scale in one of the most supply-constrained and sought-after residential markets in Los Angeles County. 670 N. Rosemead Boulevard benefits from an abundance of nearby amenities, including dining, retail, grocery, and daily services, making it an ideal location for future residents and current office tenants alike. The property offers excellent connectivity via the 210 and 134 Freeways, with proximity to Old Town Pasadena, Caltech, and the Rose Bowl, further enhancing its appeal as a premier residential or office location.

With its existing improvements, by-right high-density residential zoning, and prime Pasadena location surrounded by established amenities, the property presents a compelling opportunity for an office investor, owner-user, or residential developer seeking a versatile asset in one of Southern California’s most desirable submarkets.

Investment Highlights

Two-Story Elevator-Served Office Building

Abundant Parking

±1.28 Acres with Low Site Coverage

Affluent Employment Hub
Exceptional Amenity Base

Strategic Freeway Connectivity

By-Right High-Density Residential Redevelopment

Metro Accessibility

Location Map

Offering Memorandum

670 N Rosemead Blvd, Pasadena - Offering Memorandum

Team

Patrick Barnes

Patrick Barnes

Principal
Avison Young - US - CA - Los Angeles
01333182
Paul Clark

Paul Clark

Vice President
Avison Young - US - CA - Los Angeles
01949697
Hayden Eaves

Hayden Eaves

Principal
Avison Young - US - CA - Los Angeles
CA DRE 00964951

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