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Property profile & analytics
OFF-MARKET Estimated value $4,640,000
Office buildings

300 Raymond Ave Pasadena, CA 91105-2620

22,412 SF 0.84 ac lot Built 1926
Entity Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US09-6388060
Property summary
AI-generated overview

This exceptional 974-square-foot creative office space is situated in a charming, two-story brick building at 300 S Raymond Ave, Pasadena, CA 91105. Built in 1960, this Class C property offers a unique blend of character and modern convenience. The space boasts attractive bow truss ceilings and skylights, creating a bright and inspiring work environment. The building itself comprises 9,642 square feet and sits on a generous 50,000-square-foot lot. It features a diverse tenant mix, including other offices, retail spaces, and a restaurant, fostering a vibrant and collaborative atmosphere. The property is conveniently located directly across from the Del Mar Metro Station, providing easy access to public transportation and placing it within close proximity to the bustling Old Pasadena district. While there is only one suite in the building, the property offers approximately one parking space per 1000 square feet. The building does not have elevators. This is a rare opportunity to lease a unique and well-located creative office space in a thriving Pasadena neighborhood. The available space is part of a multi-tenant building.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1926
Construction WOOD
Total area 22,412 SF
Lot 0.84 ac (36,579 SF)
Zoning code PSC-
APN 5722-009-030
UPID US09-6388060
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
  • Nitta Creative Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Chiropractic Fitness Concepts Alternative Medicine Practice
  • Magenta Business Solutions Marketing & Advertising Advertising Agency
  • HartmanBaldwin Design/Build Construction Company General Contractor
  • Summerhome Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.64M
Owner & transaction history
Raymond Pacific LLC · 19 yrs held
Raymond Pacific LLC
since 2006
4 recorded transactions
2017
Price N/A
2006
Price N/A
2002
Price N/A
1969
Price N/A
Zoning & alternative use
PSC- · Pasadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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