99 South Lake Avenue

Off-Market

99 South Lake Avenue, Pasadena, CA 91101

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 40,900 SF
  • Lot Size 1.2 Acre
  • Parking Spaces Avail. 122
  • Parking Ratio 3.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1959

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 15 Apr, 1988
  • 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
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/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.

  • 2021 Avg. Asking Rent $43.73
  • 2021 Office Vacancy Rate 19.56%
  • 2021 Office Completions (SF) 210,000

Pasadena Office Sales Trends

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

  • 2021 Avg. Price per SF $312.36
  • Y-o-Y Avg. PpSF Change -11.01%
  • 2021 Office Sales Volume $227.6M
  • 2021 Number of Transactions 5
View more Pasadena market trends

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise
  • Transit Score ®

    63/100 Good Transit
  • Bike Score ®

    82/100 Very Bikeable
Powered by Walk Score ®
  • City Pasadena, CA
  • Neighborhood South Lake
  • Zip Code 91101
  • Market Los Angeles

Points of Interest

  • Lake

    0.55 miles

  • Del Mar

    0.90 miles

  • Memorial Park

    0.91 miles

  • Fillmore

    1.14 miles

  • Allen

    1.24 miles

  • South Pasadena

    2.45 miles

  • Sierra Madre Villa

    2.94 miles

  • Highland Park

    4.11 miles

  • Southwest Museum

    5.29 miles

  • Arcadia

    5.92 miles

  • 76

    0.29 miles

  • Mobil

    0.44 miles

  • Mobil

    0.59 miles

  • Arco

    0.63 miles

  • Chevron

    0.63 miles

  • 76

    0.77 miles

  • Shell

    0.86 miles

  • 76

    0.94 miles

  • Chevron

    1.00 miles

  • Shell

    1.07 miles

  • Loading Dock

    0.17 miles

  • The Shops on Lake Avenue

    0.42 miles

  • Lot 11

    0.49 miles

  • Student Parking Lot No.11

    0.58 miles

  • Student Parking Lot No.10

    0.59 miles

  • Polytechnic Parking Garage

    0.67 miles

  • Staff Parking Lot No.1

    0.68 miles

  • Student Parking Lot No.3

    0.68 miles

  • Lot 7

    0.72 miles

  • Staff Parking Lot No.4

    0.75 miles

  • Pasadena Hotel & Pool

    0.13 miles

  • Vagabond Inn

    0.42 miles

  • Hilton

    0.48 miles

  • Hyatt Place Pasadena

    0.53 miles

  • Westin Pasadena

    0.64 miles

  • Sheraton Pasadena Hotel;Sheraton

    0.66 miles

  • Centennial Place

    0.79 miles

  • Howard Johnsons

    0.88 miles

  • Pasadena Inn

    0.89 miles

  • Saga Motor Hotel

    0.94 miles

  • PokeMIX

    0.00 miles

  • Smitty's Grill

    0.03 miles

  • Jersey Mike's Subs

    0.03 miles

  • Togo's

    0.04 miles

  • Cafe 140 South

    0.04 miles

  • Celestino

    0.04 miles

  • Mercado

    0.05 miles

  • Lemonade

    0.06 miles

  • The Cheese Store

    0.06 miles

  • Wine Bar

    0.07 miles

  • Mount Sierra Career College

    0.17 miles

  • Pasadena Unified School District Offices

    0.33 miles

  • California School of Culinary Arts

    0.39 miles

  • McKinley School

    0.40 miles

  • Le Cordon Bleu College of Culinary Arts

    0.42 miles

  • Fuller Theological Seminary in California

    0.53 miles

  • California Institute of Technology

    0.59 miles

  • Saint Phillips School

    0.63 miles

  • The Hardy School

    0.68 miles

  • Mayfield Junior School

    0.71 miles

  • Sunrise Preschool

    3.52 miles

  • Top Kids Pre-School

    5.99 miles

  • Gates Early Education Center

    6.46 miles

  • Centro de Ninos

    7.35 miles

  • Neighborhood Nursery School

    8.03 miles

  • Disney Day Care

    9.05 miles

  • Komitas

    9.35 miles

Frequently Asked Questions

What is the total square footage of 99 South Lake Avenue?

99 South Lake Avenue totals 40,900 square feet.

When was this property built?

99 South Lake Avenue was built in 1959.

When was 99 South Lake Avenue last sold?

99 South Lake Avenue was last sold on 15 Apr, 1988.

What is the market value for 99 South Lake Avenue?

The market value* for 99 South Lake Avenue in 2022-2023 was $12,399,258.
*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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