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    438 Pasadena Ave Pasadena, CA 91105

    Sponsored
    For Sale
    $750,000

    733 SF Executive Suite, Newly Renovated

    Property size:
    733 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 733-square-foot executive office suite at 438 S Pasadena Ave, Pasadena, CA 91105, presents a unique investment opportunity. Located in a highly desirable corner location, this property boasts a completely remodeled interior, completed in 2015. The space features a modern kitchen, a full bathroom with shower, and elegant French doors, enhancing both functionality and aesthetic appeal. The building itself dates back to 1926, offering a blend of historic charm and contemporary upgrades. Parking is conveniently provided with one designated space. The property's "Modified" lease type and single tenancy structure provide a streamlined ownership experience. Its prime Pasadena location offers unparalleled convenience, with easy walking access to a variety of restaurants and shops. A significant added benefit is the inclusion of free Rose Bowl parking passes, adding considerable value to this already attractive offering. The asking price for this meticulously maintained and beautifully appointed executive office suite is $750,000. This is an ideal opportunity for a discerning buyer seeking a high-quality, well-located, and income-generating property in the heart of Pasadena.

    Property Features for 438 Pasadena Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    733 SF

    Building Details

    Year Built/Renovated
    1926/2015

    HighLights

    • Newly renovated interior.
    • Excellent Pasadena location.
    • Updated bathroom and shower.
    • Modern kitchen.
    • French doors.
    • Corner lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Law and Mediation Offices ... Divorce Lawyer EarthLink Internet Attorney

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing 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
    -118.1539242
    Latitude
    34.1382916

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    FAQs

    What type of property is this?
    Office Property / Space - 733 SF Executive Suite, Newly Renovated
    Where is this office property / space located?
    The property is located at 438 Pasadena Ave Pasadena, CA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Newly renovated interior.; Excellent Pasadena location.; Updated bathroom and shower.
    (818) 986-9800
    Request Owner's contact information
    438 Pasadena 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
    438 Pasadena Ave Pasadena, CA 91105
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