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Property profile & analytics
OFF-MARKET
Office buildings

120 Madison Ave Pasadena, CA 91101-1710

3,281 SF 0.28 ac lot Built 1908
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US09-6380540
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1908
Construction WOOD
Total area 3,281 SF
Lot 0.28 ac (11,999 SF)
Zoning code PSC
APN 5723-014-020
UPID US09-6380540
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sandra Ascencio Medical Clinic
  • Point C Corporate Office
  • Planning Company Associates Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Madison Vandalay Group LLC · 1 yrs held
Madison Vandalay Group LLC
since 2024
Last sale
$3.1M
7 recorded transactions
2024
$3.1M
2024
Price N/A
2021
Price N/A
2010
Price N/A
2008
Price N/A
2008
Price N/A
1989
$248,500
Zoning & alternative use
PSC · Pasadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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