The median home value in Pasadena, CA is $1,246,500.
This is
higher than
the county median home value of $790,000.
The national median home value is $308,980.
The average price of homes sold in Pasadena, CA is $1,246,500.
Approximately 42% of Pasadena homes are owned,
compared to 51% rented, while
7% are vacant.
Pasadena real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Pasadena real estate agent to arrange a tour today!
Learn more about Pasadena.
The property is single story commercial office property with superb exposure right on Walnut St, located between Lake Ave and Hill Ave, and south of 210 FWY, it is the first time this property is being offered for sale since 1973! It is on a large 16,881 SF/0.39ACRE corner lot with high density CG (Commercial General) zoning. A savvy developer would be able to maximize this lot with a high-density mixed-use redevelopment project (ground floor retail, and residential on subsequent floors). It has a total of 6,536SF building size on a 16,881SF lot. It is separated into 16 individual suites. 8 of the suites are vacant and will be delivered vacant (approximately 2,860 SF / 44% - buyer to verify) which makes this building suitable for an owner-user. The remaining 8 tenants are all on month-to-month rent and are significantly below market. This clear rental upside provides clear opportunities for an owner-user or developer to immediately increase the rents and boost the current income. The property has a wide 150ft exposure on Walnut Street and offers a CG (Commercial General) zoning which should allow much higher density redevelopment options (buyer to verify). The zoning allows a wide range of uses including (but not limited to): Medical use, Medical R&D, Retail, Residential, Transit-Oriented Development, Professional Office, and other wide range of uses. It enjoys a high traffic volume of 16,808 CPD and has superb demographics with $125,686 average household income within a mile radius.The building has attractive curb appeal and separately metered for electricity. There are 17 electrical meters the main panel has been updated. There are 2 shared bathrooms. Parking is in the back with 16 open space and 1 disabled parking ratio is 2.65/1000. It has a minimum landscaping in the front for easier maintenance. The property is located within the central Pasadena area (near Pasadena City College and California Institute of Technology), south of 210 Freeway and just within minutes to Lake Ave District, Pasadena Playhouse, and Old Town Pasadena area. Boasting a Walk Score of 85 with SUPERB demographics, it offers a superior location with easy access to FWY 210 and FWY 134. It is approximately a mile away from Pasadena Playhouse District, and around 1.8miles from Old Town Pasadena. It is also just minutes from The Pasadena Convention Center, Norton Simon Museum, Pacific Asia Museum, shopping and dining in the area.
Delightful mixed-use building with a 'Main Street USA' ambiance. Retail space downstairs (1,033 SF), with a substantial warehouse space/enclosed parking area in the rear (1,417 SF). Upstairs, 2BR (991 SF) and a 1BR + Den (913 SF) apartments are separated by a breezy courtyard. SF estimates were provided by REST, Inc. for floor plan purposes. This property has been in the same family for 40 years. Amazing potential!! Imagine the possibilities!!
Mixed use building (Commercial/Office/residential) on a busy commercial street surrounded by residential streets. Two level building. Retail space 3650 SQFT. approx downstairs and 2 apartment units upstairs total 2392 SQFT with 3 bedrooms 2 baths, 1196 SQFT. each unit featuring outside large patio area. 2 car garage accessed from the alley. The building's interior & exterior was recently face lifted except for the retail due to not disrupting business. Upstairs apartments can be delivered vacant upon close of escrow. New Owner can choose to keep Retail tenant or negotiate new lease contract.
Commercial Building for Sale! In the beautiful city of Pasadena. Location is great! Tenant occupied. Buyers to conduct duediligence with associating themselves with the building and planning department in Pasadena - on the type of futuredevelopments, improvements, permits, etc.
Prime East Pasadena location. Two commercial store front spaces plus FOUR residential inits.
Licensed auto dealership Open lot for car parking Signage opportunity High traffic count on Colorado Blvd One ADA restroom
Directly across from Pasadena Community College, Two retail downstairs includes Milkcow softserve ice cream and Bobaful Tea Shop. Second floor offices located upstairs.Property addresses includes 1513 , 1515, and 1517 E Colorado BlvdPasadena, CA Building Tenants Fully Occupied by with with TenantsHalf a million dollars went into remodeling the buildingRear of building features a Gated Parking Lot with 12 Parking Spaces
Summit offer to both meimei.liu@evrealestate.com and robert.lee@evrealestate.com. Unit shows very well! It is also available for leases at $4,500/month.
Discover a unique opportunity in the heart of Pasadenas vibrant Playhouse District with this impressive 5,012 square foot, two story creative garden office building. Perfectly situated on a 10,446 square foot lot, this property offers exceptional visibility and accessibility. PROPERTY HIGHLIGHTS: Prime Location: Nestled in the prestigious Playhouse District, known for its dynamic atmosphere and cultural vibrancy. Spacious Interiors: 5,012 square feet of versatile, creative office space designed to inspire productivity and collaboration. Expansive Lot: Set on a 10,446 square foot lot, providing ample space for parking and outdoor activities. Exceptional Accessibility: Easily accessible from major thoroughfares, public transportation, and pedestrian-friendly streets. Dont miss the chance to elevate your business in this unparalleled location. Contact us today to schedule a private tour and explore the endless possibilities this exceptional property has to offer.
7 units in a development corner of Pasadena. Great location with month to month tenants. There are 2 buildings - the addresses are 95, 97 and 99 E Orange Grove. 95 and 97 are 2 beds / 1 bath each and there are five 1 bed / 1 bath in number 99..
This property offers an investor or developer the chance to build up to 10 residential units in a prime Altadena location just 5 minutes to shops, dining, and the 210 freeway. The property consists of two lots totaling 13,973 SF with three buildings. The two front buildings are commercial (1,008 SF and 2,138 SF), and there is a 912-SF, craftsman, 3-bed, 2-bath, fully remodeled, single-family home in the back. Max out the development and then sell for a profit, or hold it for long-term cash-flow. The $139,660 per year average household income within a one-mile radius provides a strong capacity for premium rents. A detailed review in a meeting with a Los Angeles County planner confirmed that an 8-unit apartment building could be constructed on the front, C2-zoned portion of the property without a conditional use permit. On the R2 portion, another unit could be built to create a duplex. In the wake of the Eaton Fire, which destroyed thousands of homes nearby, community members want to move back, but there arent enough available rental units in the area. Building nine more units can meet a big need in a disaster-impacted community while creating a strong investment return. 2-Bedroom units currently command between $2,800 and $3,100 per month in the area, and 1-bedroom units fetch $2,100 to $2,400 a month. 3-bed, 2-bath duplex units will rent for between $3,400 and $3,700 a month. The existing single-family home can provide revenue during preconstruction, and the two commercial buildings offer additional options. All the structures are vacant, so you can get started implementing your vision right away. With stabilized annual revenue between $317,000 and $353,000 and multi-family properties selling at capitalization rates between 4.5% and 5.0%, the property would be worth between $4.9M and $5.5M.
Frequently referred to as "The Carnegie Hall of the West," this 45,000-square-foot building with a 1,200-seat concert hall is situated in Pasadena's historic West Pasadena neighborhood. Since 2004, Harvest Rock Church has owned and operated the venue, hosting a wide array of community events, including performances by regional symphony orchestras, school graduations, community awards, dance companies, corporate presentations, and a variety of other fine arts events. The Ambassador Auditorium offers a unique opportunity to own a significant piece of Pasadena's history and a chance to support ongoing community initiatives in this cherished entertainment space.Constructed in 1974 by the architectural firm Daniel, Mann, Johnson and Mendenhall (DMJM), the Ambassador Auditorium exemplifies mid-century design and has been meticulously preserved to maintain its historic integrity. The building boasts five grand spaces with interiors designed by Robert Smith of the American Society of Interior Designers, offering a seamless blend of historical charm and modern elegance.
An exceptional opportunity to purchase three individual properties that will be sold together at one time. Seller Carry available. Includes Real Estate and Business Opportunity. Building #1 has 1758 square feet of building area and a lot size of 8900 square feet and is currently being used as a mechanic tire shop. Building # 2 has 2205 square feet of building area and a lot size of 9025. It is currently being used as a part of the mechanic tire shop. Building #3 has 1980 square feet of building area and a lot size of 6100 that is also part of the tire shop. Property is located about a quarter mile from the Rose Bowl and nearby old town Pasadena. Check out VIRTUAL TOUR
Perfect small retail or office space for an owner-user. Washington Blvd is a great commercial street that is filled with great small businesses. This is an opportunity for a small established local small business to own its own real estate instead of paying rent. SBA financing would make this a great opportunity to control your own property and buy an appreciating asset for the future with minimal down payment.
18-Unit apartment complex with 1 Commercial Space with approximately 2,900 sf of rentable space. Motivated SELLER!!! Note on property is ASSUMABLE WITH A RATE OF 3.75% UNTIL 10/2026 or SELLER IS WILLING TO FINANCE THE DEAL WITH VERY REASONABLE RATE AND TERMS (CONTACT AGENT FOR MORE INFORMATION), contact agent for terms. Located in the heart of Old Town Pasadena this complex is just a few steps away from local eateries and bars, and also shops. The property was built in 2002 and shows pride of ownership with a well-maintained building and units. All units are approximately 900 sf is size and are all 2 bedrooms and 2 bathrooms and come with their own laundry units. There are a total of 29 surface and subterranean parking with 2 handicapped spaces. Situated in the heart of Old Town Pasadena, with a lot of 9,028 square feet. The property is located just 11.3 miles from Downtown Los Angeles and within 2 miles of three top major colleges Art Center College of Design, California Institute of Technology, and Pasadena City College. The property is also located 0.3 miles from the Parsons Corporation and 0.5 miles to Pasadena City Hall and approximately 4.6 miles to JPL. Across the street are Pasadena Memorial Park and the Memorial Park Metro Gold Line Station making an easy commute for those working in Downtown Los Angeles. Offered at a 3.90% Pro-Forma CAP rate and 15.52 Pro-Forma GRM, there is upside potential with below-market rents. These units are easy to rent due to their prime location and well-kept units. The property has very stable and long-term tenants in place.
Location! Location! Location! High traffic count. Lots of development growth in the area. Easy accessibility to the Metrolink, bus lines and 210 Freeway. Property is 1,350 square feet and built in 1948. Lot size is 2774 square feet, with rear fenced parking lot with alley access.
Look no further. This is an ideal location with many possibilities . Currently used as Religious Institution. City of Pasadena zones the lot - PSCThere is ONE building standing. It is up to Buyer what they intend to do with the building. Once Accepted, Listing Agent will set the date for Buyer to view the inside of the building. This sale is negotiable. Seller is motivated. Offers are welcome.
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