465 South Arroyo Pkwy, Pasadena, CA

Location

Map
Street

City Pasadena, CA
Neighborhood Raymond Hill
Zip Code 91105
Market Los Angeles

Contacts

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Owner

True Owner
Registered Owner

Tenants

Suite Name	Tenant	Leased Space	Rent Price	Lease Type	Space Type	Lease Term
370 17th Street #5500	MERRILL, (303) 446-5500	23,824 SF	$23/SF/YR	Modified Gross	General Office	11/01/2014- N/A
370 17th Street #6000	Morrison & Foerster, (303) 592-1500	10,710 SF	$26/SF/YR	Full Service	General Office	08/01/2013- 07/31/2023

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Documents

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Sales

Purchase Date 29 Apr, 2019
Purchase Price
Arm's Length True
Buyer Name

Market Trends

Average Actual Rents in Pasadena

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Pasadena Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $41.26
2020 Office Vacancy Rate 14.78%
2020 Office Completions (SF)

Pasadena Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

2020 Avg. Price per SF $296.77
2020 Office Sales Volume $240M
2020 Number of Transactions 4

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Tax

Property Tax in 2021-2022 $788,946
Market Value* $74,002,968
Assessed Value $74,002,968

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*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 465 South Arroyo Pkwy?

465 South Arroyo Pkwy totals 91,145 square feet.

When was this property built?

465 South Arroyo Pkwy was built in 2008.

When was 465 South Arroyo Pkwy last sold?

465 South Arroyo Pkwy was last sold on 29 Apr, 2019.

What is the property tax for 465 South Arroyo Pkwy?

The property tax for 465 South Arroyo Pkwy in 2021-2022 was $788,946.

What is the market value for 465 South Arroyo Pkwy?

The market value* for 465 South Arroyo Pkwy in 2021-2022 was $74,002,968.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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