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Prime Old Pasadena Corner Property
For Sale
$11,000,000

50 S De Lacey Ave, Pasadena, CA 91105

Mixed-use retail and office building in the heart of Old Pasadena.

Property Size24 SF
Price / SF$458,333
Days on Market354

Property Features for 50 S De Lacey Ave

General Information

Standard status Active
Size 24 SF
Property subtype Retail

Building Details

Year Built 1955
Listing Agency: CBC NRT
Listed By: Robert Ip
Source: Cbcworldwide
Added: Sep 10, 2025 Changed: May 21 Last Checked: Apr 9 at 9:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBC NRT

Investment Insights

Based on property information with market context.

This mixed-use property is located in the heart of Old Pasadena, a vibrant and walkable commercial district in Southern California. The building, constructed in 1955, offers approximately 24,544 square feet of space and is configured for both office and retail use. The corner location provides high visibility. The property benefits from its proximity to restaurants, retailers, and historic architecture, as well as high foot traffic, strong demographics, and freeway access. The zoning is PSC- (Pasadena Specific Commercial). The property has in-place income from established tenants and multiple vacant suites, offering lease-up or owner-user repositioning potential. The flexible zoning allows for a variety of uses, including a café or a service-based business, or a larger user that wants to combine suites.

Key Highlights

  • Prime corner location in the heart of Old Pasadena, a vibrant commercial district.
  • ±24,544 SF mixed‑use building with office and retail spaces.
  • Strong in‑place income from established tenants.

Property Analytics

Current Use

Pasadena Weekly Publishing House Jeff Roberts & Associates Title Company W2 Design, Inc. Engineer

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Food Market Supermarket Locksmith Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,921
Businesses Nearby

Demographics for 91105, CA

13,869
Population
6,773
Households
2
Avg Household Size
48
Median Age
73%
College-Educated
98%
High-School Grad
4.2 sq mi
ZIP Area
3,302
Density / Sq Mi
$156,835
Median Household Income
$97,402
Median Earnings
$2,988
Median Rent
$1,615,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Mixed-use retail and office building in the heart of Old Pasadena.
Where is this office building located?
The property is located at 50 S De Lacey Ave Pasadena, CA.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: Prime corner location in the heart of Old Pasadena, a vibrant commercial district.; ±24,544 SF mixed‑use building with office and retail spaces.; Strong in‑place income from established tenants.
More about this property
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