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Property profile & analytics
FOR SALE
Office buildings

234 N El Molino Ave Pasadena, CA 91101

5,012 SF 0.24 ac lot Built 1982
Individually Owned Absentee Owner ~ Est. High Equity
Property ID
US09-6228014
Property summary
AI-generated overview

This exceptional two-story office building presents a unique investment opportunity in Pasadena's coveted Playhouse District. Boasting 5,012 square feet of versatile space, this property is ideal for businesses seeking a creative and inspiring work environment. The building's design fosters productivity and collaboration, making it perfect for a variety of uses. Situated on a substantial 10,446 square foot lot, ample parking is readily available, a significant advantage in this vibrant area. Its prime location offers exceptional visibility and accessibility, with easy access to major thoroughfares and public transportation. The Playhouse District's dynamic atmosphere and cultural richness provide a stimulating backdrop for any business. This property offers a rare combination of size, location, and amenities, making it an outstanding investment opportunity for discerning buyers. The expansive lot allows for potential future expansion or outdoor amenities. Don't miss the chance to secure this exceptional property in a highly sought-after location. The property is priced at $2,598,880.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction WOOD
Total area 5,012 SF
Lot 0.24 ac (10,416 SF)
Zoning code PSC-
APN 5723-009-014
UPID US09-6228014
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
  • Lovelyn Integrative Healing Crisis Center Medical Clinic
  • Soul Revealed Alternative Medicine Practice
  • Donna Mitchell, RD Physician
  • City of Huntington Park Small City Government Office
  • Luke Csehak Psychotherapy Psychotherapist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Robert And Shirley Kay Haugaaro Liv
Robert And Shirley Kay Haugaaro Liv
since 2026
Last sale
$2.5M
7 recorded transactions
2026
Price N/A
2026
Price N/A
2026
$2.5M
2026
Price N/A
2019
Price N/A
2011
Price N/A
1969
Price N/A
Zoning & alternative use
PSC- · Pasadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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