Property profile

2 Lk Ave Pasadena, CA 91101

OFF-MARKET
Office buildings
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Property ID
US09-6240904
193,860 SF 0.73 ac Built 1984
Last sale Aug 2021·$62,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

2 N Lake Avenue in Pasadena is an eleven-story Class A office and medical building totaling 203,911 square feet, located in Playhouse Village. The property includes professional building management, a multi-story parking structure, and a penthouse suite with multiple balconies. An outdoor deck offers city views. It is positioned with frontage and prominent presence along the Rose Parade Route at the intersection of Lake Avenue and Colorado Boulevard, and provides connectivity between Playhouse…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$827k
Tax billed · 2024
Assessed value$70.49M
Assessed land$4.94M
Assessed improvement$65.55M
Effective rate1.17%

Value estimate

· Nov 2026
$63.19M
$56.87M – $69.51M
CAP approach$68.15M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$615/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$338 – $951

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PSC*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic8.8
Butcher8.7
Laundromat7.9

Location

2 Lk Ave Pasadena, CA 91101-1858
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog

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 nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
253 Los Robles, Pasadena, CA 91101-2830 $11,100,000 Jun 2025 43,544 SF
790 Colorado, Pasadena, CA 91101-2113 $31,500,000 May 2025 139,500 SF
251 Lk, Pasadena, CA 91101-3003 $254,000,000 Dec 2023 203,067 SF
225 Lk, Pasadena, CA 91101-3005 $254,000,000 Dec 2023 255,343 SF
201 Lk, Pasadena, CA 91101-3004 $254,000,000 Dec 2023 121,718 SF
123 Marengo, Pasadena, CA 91101-2428 $59,000,590 Feb 2022 90,236 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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