120 Madison Ave Pasadena, CA 91101-1710
This exceptional 3,633 square foot Class A office building presents a unique owner-user opportunity in Pasadena's Playhouse District. Built in 1910 and designed by renowned architect Sylvanus Marston, this two-story bungalow boasts outstanding natural light and a highly flexible layout, accommodating up to nine sizable private offices. Recent upgrades include energy-efficient improvements such as wall and window insulation, LED lighting, and a complete HVAC system overhaul in 2012. The property features 50 solar panels and an EV charging station, reflecting a commitment to sustainability. Additional amenities include a full two-car garage offering ample storage potential, a dedicated conference room, a library with a faux fireplace, and CAT 5 cabling throughout. The building sits on a 12,197 square foot lot, zoned CD-MU-N within the Pasadena Playhouse District, providing convenient access to local amenities. Carpet and paint were refreshed in 2012. The monitored security system ensures peace of mind. This is a rare chance to own a piece of Pasadena's architectural history while enjoying modern conveniences. The asking price is $3,150,000, translating to $867.05 per square foot. The property is fee simple ownership.
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Sandra Ascencio Medical Clinic
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Point C Corporate Office
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Planning Company Associates Consultant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PSC · Pasadena, CAPasadena. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.