Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Active

275 E California Boulevard

Pasadena, CA, 91106

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$2,300,000

MLS: 26634451

Beds

3

Baths

2

Sq Ft

2,982

Lot

0.20 ac

Year Built

1905

MLS #

26634451

Days on Market

90

Listed

Dec 5, 2025

Description

We are pleased to present for sale 275 East California Boulevard, a freestanding craftsman-style office building located in prime Pasadena. The property consists of approximately 3,008 square feet of space on an 8,886 square foot lot and includes 11 on-site parking spaces. The current flexibility makes it well suited for a business seeking to transition from renting to owning in a central location that consistently attracts professional users.The property's office use was formally established through a Conditional Use Permit in 2003 and remains permissible under the City's Office Conversion overlay, giving an owner-user a clear path to occupancy. Upon acquiring the property, the owner substantially improved the building with updated flooring, electrical upgrades, upgraded lighting, bathroom and kitchen additions, upgraded HVAC, and a new roof. These enhancements make the space functional on day one while retaining the character that defines early Pasadena architecture.The lot size is notably generous, providing more privacy, better parking, and long-term flexibility. The underlying RM-32 zoning introduces future residential possibilities, and the OC overlay preserves its office entitlement. The building is also designated a Structure of Merit by the City of Pasadena, reflecting its historic significance. Buyers should conduct their own investigation of any development or exterior modification plans.

Location

Pasadena, Los Angeles County, CA 91106

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Listed by: Mark Cianciulli · The CREM Group

Payment estimate

$16,277

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $230,000 · Loan: $2,070,000

%
Principal & Interest
$12,718
Property tax (1.25%)
$2,396
Homeowners insurance
$300
Mortgage insurance
$863
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Pasadena home with as little as 3.5% down using an FHA loan — roughly $80,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Pasadena, CA 91106 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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