Skip to main content

Self-Storage Facility

Extra Space Storage

919 Mission St, South Pasadena, CA 91030

Listing Price: Request For Offer

Number of Units
677
Occupancy
5.3%
Gross SF
55,786
Rentable SF
55,786
Year Built
1986

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.

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

Self-Storage Facility

Extra Space Storage

Listing Price: Request For Offer

Number of Units
677
Occupancy
5.3%
Gross SF
55,786
Rentable SF
55,786
Year Built
1986

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

MM Texture Background
MM Textured Background Lower