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Listed by Michael Douglas • Coldwell Banker Realty
$3,500,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC-26171016
Year Built 1967
Property Sub-Type Industrial
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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.
Location
State CA
County Los Angeles
Area 646 - Pasadena Ne
Zoning CL
Interior
Heating Central
Laundry None
Exterior
Utilities Available Sewer Connected, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
Building
Lot Description Lot 10000-19999 Sqft
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900



