Millman Team Real Estate

$15,680,000
0.73 Acre Lot

2156 E Colorado Boulevard, Pasadena, California 91107

  • Commercial Sale Property Type
  • 1981 Year Built
Property Description

Ramada by Wyndham Pasadena

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.

Basic Details
Commercial Sale
For Sale
WS26032968
$15,680,000
1981
0.73 Acre
Active
Hotel/Motel
: Shingle, Tile, Ridge Vents
Features
: Central, Electric, Humidity Control
: Central Air, Humidity Control, Wall/Window Unit(s)
: Brick
: Inside, Laundry Room, Outside, Common Area
: Sewer Connected, Water Connected, Electricity Available, Sewer Available, Water Available, Natural Gas Available, Cable Connected
$0
Appliances
: Dryer, Washer
Address Map
CA
Los Angeles
Pasadena
91107
Colorado
2156
Boulevard
W119° 53' 39''
N34° 8' 44.4''
Close to S Craig Ave and Colorado Blvd crossing street
648 - Pasadena (SE)
E
Additional Information
$0
$0
$0
$0
$0
23722
Hotel/Motel
: Park
: Cement Siding, Drywall, Glass, Concrete, Stone, Block, Stone Veneer, Ducts Professionally Air-Sealed
: Commercial
Electricity - On Property,220 Volts in Laundry,220 Volts For Spa,Standard
1
: 0-1 Unit/Acre, Back Yard, Front Yard, Sprinkler System, Near Park, Walkstreet, Rectangular Lot, Corner Lot, Near Public Transit, Street Level
80
2026-02-12
15800000
3
https://my.matterport.com/show/?m=ULv33qW8s8y
https://my.matterport.com/show/?m=ULv33qW8s8y
: Public
Broker/Agent Information
Pinnacle Real Estate Group
CINDY JIE
Listing Information
WS81749
20652
Cash,Cash to New Loan,Conventional,1031 Exchange
Active
2026-05-21T17:41:14Z
CRMLS
: Standard
2026-02-12T20:30:12Z
Agent info
Ray Millman
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