Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    234 N El Molino Ave Pasadena, CA 91101

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,598,000

    Two-story creative office building in Pasadenas Playhouse District.

    Lot size:
    0.24 Acres

    Property Features for 234 N El Molino Ave

    General Information

    Lot size
    0.24 Acres

    Building Details

    Year built
    1982

    Source: Coldwell Banker Realty Agent Nicholas Borrelli

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

    Overview

    Creative Office Building in Pasadena

    Located in Pasadenas Playhouse District, this two-story creative garden office building offers 5,012 square feet of space. The property is situated on a 10,446 square foot lot, providing space for parking and outdoor activities. The location offers accessibility from major thoroughfares, public transportation, and pedestrian-friendly streets. The office space is designed to inspire productivity and collaboration.
    Insight Report Location Intelligence

    Current Use by Public Records

    Lovelyn Integrative Healing Mental Health Service Soul Revealed Craniosacral Therapy Donna Mitchell, RD Nutritionist City of Huntington Park ... City Government Office Luke Csehak Psychotherapy Psychotherapist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Los Angeles
    State
    California
    Longitude
    -118.1363747
    Latitude
    34.1417978

    Nearby Similar for Sale

    • $1,500,000
      4,068 SF

      Pasadena Development Opportunity

      Development opportunity in prime Altadena location, close to shops and freeway.
      1736 N Sierra Bonita Ave, Pasadena, CA 91104
      View Details
    • $3,800,000
      4,480 SF

      Pasadena Freestanding Office Building

      Turn-key, high-image creative space in Pasadena, California.
      60 W Bellevue Dr, Pasadena, CA 91105
      View Details
    • New
      $2,100,000
      2,442 SF

      Craftsman Duplex in Madison Heights

      Two legal units in Pasadena's desirable Madison Heights neighborhood.
      761 S Los Robles Ave, Pasadena, CA 91106
      View Details
    • $1,199,997
      1,928 SF

      Pasadena Duplex Near Rose Bowl

      Pasadena duplex with value-add potential near the Rose Bowl.
      1380 Glen Ave, Pasadena, CA 91103
      View Details
    • New
      $895,000
      Pending

      Craftsman Duplex with Bonus Bungalow

      Charming, turnkey Craftsman with bungalow, ideal for family or income.
      175 Painter St, Pasadena, CA 91103
      View Details
    • $1,599,000
      0.18 Acres

      East Pasadena Income Property

      Versatile income property in a desirable Pasadena neighborhood.
      1561 E Elizabeth St East, Pasadena, CA 91104
      View Details

    FAQs

    What type of property is this?
    Office building - Two-story creative office building in Pasadenas Playhouse District.
    Where is this office building located?
    The property is located at 234 N El Molino Ave Pasadena, CA.
    What is the asking price?
    The asking price for this property is $2,598,000.
    What are key features of this property?
    This property features: - Prime location in Pasadenas vibrant Playhouse District; - Spacious 5,012 square foot creative office building; - Large 10,446 square foot lot
    (626) 445-5500
    Request Owner's contact information
    234 N El Molino Ave Pasadena, CA 91101
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    234 N El Molino Ave
    Pasadena, CA 91101
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    234 N El Molino Ave Pasadena, CA 91101
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.