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    450 S Raymond Ave Pasadena, CA 91105

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    For Sale
    Contact for pricing

    Renovated flex/industrial/creative building, south of Old Pasadena.

    Property size:
    6,596 SF

    Property Features for 450 S Raymond Ave

    General Information

    Size
    6,596 SF

    Building Details

    Year built
    1919

    Source: Mauricio Olaiz Agent Mauricio Olaiz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Flex/Industrial/Creative Building

    This freestanding flex, light industrial, and creative office building was completely renovated in 2021. The property is located on Raymond Avenue, two blocks south of Old Pasadena. The building offers potential uses as flex space, industrial property, creative space, or office space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Elizabeth McLean House, ... Historical Landmark

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    The Taco Guy Catering, Taste of Pace Catering, All India Cafe, The Romanesque Room, Rewind Inc

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Los Angeles
    State
    California
    Longitude
    -118.1486155
    Latitude
    34.1535389

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    FAQs

    What type of property is this?
    Flex space - Renovated flex/industrial/creative building, south of Old Pasadena.
    Where is this flex space located?
    The property is located at 450 S Raymond Ave Pasadena, CA.
    What is the asking price?
    The asking price for this property is $2.
    What are key features of this property?
    This property features: - Free standing FLEX / Light Industrial / Creative Office Building; - Completely Renovated in 2021; - Located on Iconic Raymond Avenue
    (626) 841-1864
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    450 S Raymond Ave Pasadena, CA 91105
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    Pasadena, CA 91105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    450 S Raymond Ave Pasadena, CA 91105
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