234 N. El Molino Building 234-238 N El Molino Ave 5,012 SF 100% Leased Office Building Pasadena, CA 91101 $2,598,880 ($518.53/SF)
INVESTMENT HIGHLIGHTS
- PRIME LOCATION: Nestled in the sought-after Playhouse District, this building is conveniently located near a range of amenities.
- PARKING: Ample parking is available with 18 dedicated spaces, ensuring convenience for employees and visitors alike.
- The ground floor features an enclosed courtyard with full-height glass sliders, ideal for collaboration and relaxation.
- Enjoy walking distance to top-tier restaurants, banks, Paseo Colorado, Lake Avenue Gold Line Station, and more.
- DESIGN: The building boasts multiple skylights, infusing natural light into the creative workspaces.
EXECUTIVE SUMMARY
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. Don’t 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.
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. Don’t 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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
5,012 SF
Building Class
C
Year Built
1982
Price
$2,598,880
Price Per SF
$518.53
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,506 SF
Building FAR
0.48
Lot Size
0.24 AC
Zoning
C - Commercial
Parking
18 Spaces (3.59 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
1 of 1
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 5723-009-014 | Improvements Assessment | $540,004 |
| Land Assessment | $157,443 | Total Assessment | $697,447 |
