Pasadena, CA 91107
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS-26032968
Year Built 1981
Property Sub-Type Hotel/Motel
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Investment Overview
Located on Colorado Boulevard in the world-renowned Rose Parade City of Pasadena, this hotel enjoys prime frontage directly along the Annual Rose Parade route — a rare and highly desirable positioning in one of Southern California's most recognizable corridors.
The property is conveniently situated near major demand drivers including Caltech, Pasadena City College, the Huntington Library, the Rose Bowl, Old Town Pasadena, and Downtown Pasadena's Central Business District. The location offers excellent accessibility to freeways, business centers, and public transportation.
Property Profile
• Year Built: 1981
• Building Size: 23,722 SF
• Lot Size: 31,913 SF
• Stories: 3
• Total Units: 80 Guest Rooms
• Parking: Approximately 62 spaces
Room Configuration
• 37 King Rooms
• 35 Double Queen Rooms
• 3 ADA Double Queen Rooms
• 2 King Suites
• 3 Converted Guest Rooms
The former manager's quarters have been converted into two additional guest rooms (ADA Queen and King).
The upstairs meeting room has also been converted into a Double Queen room.
Approximately 18 rooms feature balconies with direct views of the Rose Parade along Colorado Boulevard, offering significant premium potential during annual festivities.
Amenities
• Fitness Center
• Business Center
• Laundry Facilities
• Outdoor Pool & Spa
• Complimentary Breakfast
• Free Parking
• Free High-Speed Internet
• Wheelchair Accessible (ADA) Rooms
Performance & Brand Affiliation
• Historical occupancy ranging from 85% to 100%
• Stable operating history
• Affiliated with Wyndham Hotels & Resorts network
Investment Highlights
• Prime Colorado Blvd frontage on the Rose Parade route
• Strong tourism, university, and corporate demand base
• Recognized national brand affiliation
• Potential for value-add improvements and rate optimization
• Long-term appreciation potential in a highly sought-after Pasadena location
This offering represents a rare opportunity to acquire a well-positioned hospitality asset with strong visibility, consistent occupancy, and event-driven upside in one of Pasadena's most prestigious corridors.
Location
State CA
County Los Angeles
Area 648 - Pasadena Se
Interior
Heating Central, Humidity Control
Laundry Laundry Equipment Own Lease, Common Area, Dryer Included, Individual Room, Inside, Outside, Washer Included
Exterior
Utilities Available Sewer Available, Sewer Connected, Water Available, Cable Connected, Electricity Available, Natural Gas Available
Building
Lot Description Walkstreet, Sprinkler System, Level with Street, Lot 20000-39999 Sqft, Near Public Transit, Park Nearby, Rectangular Lot, Corner Lot, Front Yard, 0-1 Unit/Acre, Back Yard
Others
Virtual Tour https://my.matterport.com/show/?m=ULv33qW8s8y