438 Pasadena AvePasadena, CA 91105
- Office properties
- 733 SF
Property Details for 438 Pasadena Ave
- Year built
- 1926
- Construction
- WOOD
- Lot size
- 0.04 AC
- Property size (Sq ft)
- 733 SF
- Zone code
- PSC-
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 5713-035-001
- APU
- 5713035001
Description
This stunning 733-square-foot free-standing executive office building, located at 438 S Pasadena Ave in Pasadena, CA 91105, presents a unique opportunity. Built in 1926 and extensively renovated in 2015, the property seamlessly blends historic charm with contemporary functionality. The single-tenant occupancy offers complete privacy and control. The building boasts a total of 733 square feet of usable space, all currently vacant and ready for immediate occupancy. One convenient parking space is included. Situated in Los Angeles County, this property benefits from its prime location in Pasadena, offering easy access to major transportation routes and local amenities. The updated interior provides a professional and efficient workspace, ideal for a small business or executive seeking a prestigious address. The property's unique character and modern upgrades make it an exceptional investment opportunity. This is a single-tenant building, ensuring a streamlined and straightforward leasing experience. The building's 1926 construction provides a unique architectural aesthetic, while the 2015 renovation guarantees modern functionality and comfort. Don't miss this chance to secure this exceptional executive office space in the heart of Pasadena.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $196,414
- 6.5%
- $181,305
- 7%
- $168,355
-
Comparable approach
- Method
- Valuation
- Relative Method
- $138,807
- Geo Method
- $139,387
-
Alternative Use
- Use
- Valuation
- Residential
- $224,818
- Hospitality
- $205,932
- Educational
- $171,333
- Medical
- $177,226
- Retail
- $266,518
Location Insight
- City
- Pasadena
- County
- Los Angeles
- State
- California
- Latitude
- 34.1382
- Longitude
- -118.154
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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