Property profile

251 Lk Ave Pasadena, CA 91101

OFF-MARKET
Office buildings
Property ID
US09-6240890
203,067 SF 0.62 ac lot Built 1970
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1970
Construction CONCRETE
Total area 203,067 SF
Lot 0.62 ac (26,840 SF)
Zoning code PSC-
APN 5734-034-021
UPID US09-6240890

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Tech Support Center IT Consulting Firm
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Real Estate Agency

Location

251 Lk Ave Pasadena, CA 91101-3003
Pasadena metro Census 463601 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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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

since 2023
Last sale
$254.0M
5 recorded transactions
2025
Price N/A
2023
$114.0M
2018
$254.0M
2004
Price N/A
1998
Price N/A

Zoning & alternative use

PSC- · Pasadena, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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