Self-Storage Facility
Extra Space Storage
919 Mission St, South Pasadena, CA 91030
Listing Price: Request For Offer
Investment Overview
Building layout consists of seven two-story buildings comprised of 643 non-climate controlled units, six modular drive-up units and 34 RV/boat parking spaces totaling 677 units and 55,786 NRSF. Block construction with PTO rubber membrane roofs (recently replaced) as well as a solar panel system to offset electric expense. Accessible via seven commercial grade lifts to the second level. Ground level leasing office with 1,000 sqft live/work space on second level with private entrance.
Extra Space Storage
Investment Highlights
- Unique chance to acquire South Pasadena's only self storage facility. The property boast an exceptional track record of 16.32 percent average rental income growth over the past five years..
- Situated directly on South Pasadena's famed Mission Street with car counts exceeding 8,500 vehicles per day as well as a heavily foot-trafficked corridor with a mass transit rail stop (Gold L Line)..
- Currently the only storage facility located in South Pasadena insulated from the threat of new supply due to the scarcity of buildable land, zoning restrictions, and a storage moratorium.
Exclusively Listed By
Listing Price: Request For Offer
Investment Highlights
- Unique chance to acquire South Pasadena's only self storage facility. The property boast an exceptional track record of 16.32 percent average rental income growth over the past five years..
- Situated directly on South Pasadena's famed Mission Street with car counts exceeding 8,500 vehicles per day as well as a heavily foot-trafficked corridor with a mass transit rail stop (Gold L Line)..
- Currently the only storage facility located in South Pasadena insulated from the threat of new supply due to the scarcity of buildable land, zoning restrictions, and a storage moratorium.
Investment Overview
Building layout consists of seven two-story buildings comprised of 643 non-climate controlled units, six modular drive-up units and 34 RV/boat parking spaces totaling 677 units and 55,786 NRSF. Block construction with PTO rubber membrane roofs (recently replaced) as well as a solar panel system to offset electric expense. Accessible via seven commercial grade lifts to the second level. Ground level leasing office with 1,000 sqft live/work space on second level with private entrance.
Exclusively Listed By
