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    2 N Lake Ave Pasadena, CA 91101

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    2 N Lake Ave Pasadena, CA 91101


    • Office buildings
    • 193,860 SF
    • 0.73 lot acres
    Class A Office Building Pasadena For Lease
    Contact for pricing

    Class A Office Building Pasadena

    Class A office building in Playhouse Village with parking.

    2 N Lake Ave, Pasadena, CA 91101
    View Listing
    Property ID
    US09-6240904
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $63,190,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Gable Tax Group / Consultant
    • Litchfield Cavo LLP / Law Firm
    • TD Ameritrade / Financial Advisor
    • Teresita D. Morales, PHD / Physician / Medical Clinic
    • Persona Nuerobehavior Group / Physician / Medical Clinic

    Property Details for 2 N Lake Ave

    Year built
    1984
    Construction
    STEEL FRAME
    Lot size
    0.73 lot acres
    Property size
    193,860 SF
    Zone code
    PSC*
    Property type
    Office buildings
    APN
    5738-008-066
    APU
    5738008066

    Description

    This exceptional eleven-story, Class A office building at 2 N Lake Ave in Pasadena offers 203,911 square feet of space, ideal for traditional office, executive office, or medical office uses. Multiple suites are available, ranging from 2,634 to 42,347 square feet. The building features a multi-story parking structure, a penthouse suite, multiple balconies, and a stunning outdoor deck with city views. Located in Playhouse Village at the intersection of Lake Avenue and Colorado Boulevard, this high-visibility location offers easy access to the Rose Parade route, a thriving medical/biotech community, and the upscale shopping and dining of South Lake Avenue. The 71,681 square foot lot provides ample space and the building benefits from professional property management. This prime commercial real estate opportunity is perfect for businesses seeking a prestigious address in a vibrant and dynamic location. New ownership and a new leasing team are ready to provide a superior experience. Don't miss this chance to establish your business in the heart of Pasadena.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      Off market
    • CAP approach

      CAP Return
      Estimation
      6%
      $73,820,000
      6.5%
      $68,145,000
      7%
      $63,275,000
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $97,035,000
      RETAIL STORES
      $96,425,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Los Angeles
    State
    California
    Longitude
    -118.132
    Latitude
    34.1463
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $826,779
    $4,941,900
    $65,545,200
    $70,487,100
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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