Realmo Analytics
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Property summary
This exceptional two-story, 25,040 square foot mixed-use building, located in Pasadena's vibrant Civic Center Historic District, presents a unique investment opportunity. Built in 1922 and renovated in 1984, this Craftsman-style structure boasts authentic architectural details, including a pleasant open arcade and fine brickwork. Currently occupied by a restaurant, theatre, and office tenants, the building offers approximately 12,277 rentable square feet on the ground floor and 6,502 rentable… square feet on the second floor, plus a sizable basement of approximately 4,529 rentable square feet. The ground floor features a restaurant with a full kitchen and bar, a theatre with dressing rooms, and office space. The second floor includes numerous private offices, a large meeting room, and support spaces. The basement provides additional office space, meeting rooms, a kitchen, and a server room. An outdoor patio of approximately 999 square feet offers additional space for gatherings. The building includes 65 parking spaces, with additional parking readily available in nearby public and private structures. The property's CD-MU-G zoning allows for a variety of uses, including medical offices, residential units, and cultural institutions. Its prime location, just two blocks from Colorado Boulevard and one block from Pasadena City Hall, offers exceptional visibility and accessibility, with easy freeway access and proximity to public transportation. The asking price is $20,000,000, with a gross square footage price of $798.72 per square foot and a rentable square footage price of $858.01 per square foot. This irreplaceable property offers a blend of history, functionality, and prime location in a thriving area.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Oct 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 15,922 SF
- Lot area
- 0.39 ac
- Year built
- 1922
- Stories
- 1
- APN
- 5723-019-015
- Zoning
- PSC-
- Assessed value · 2024
- $1,836,270
- Annual tax · 2024
- $24,356
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
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- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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