450 S Raymond Ave - Warehouse FOR SALE


Pasadena, CA 91105- Raymond Hill
$10,495,000 USD
626-841-1864
450 S Raymond Ave, Pasadena, CA for Sale
$10,495,000 USD
Warehouse - FOR SALE
1/42
null | Request Cap Rate

450 S Raymond Ave
Pasadena, CA 91105
Raymond Hill


OVERVIEW

Two adjacent creative buildings totaling 16,593 SF on 25,636 SF of land—featuring a Class A adaptive-reuse office at 442 S Raymond and a flex industrial building at 450 S Raymond. 442 S. Raymond Avenue is a one-of-a-kind adaptive-reuse headquarters, transforming a storied former auto shop—where Van Halen first met Sammy Hagar—into a sophisticated Class A creative office. The space preserves its authentic industrial character while offering two kitchens, multiple conference and media rooms, flexible collaboration areas, showers, a meditation room, a podcast studio and a kids/gaming room, creating an exceptionally functional and welcoming workplace in Pasadena’s urban core. 450 S. Raymond Avenue is a highly functional 6,593-square-foot creative industrial / flex building situated on approximately 7,341 square feet of land in Pasadena’s sought-after South Raymond corridor. Originally constructed in 1919, the property was fully remodeled and repurposed in 2022, blending its historic brick architecture with modern functionality. The single-story building features 14-foot clear height, 400 amps of power, north-facing skylights, open production space, drive-in access, office/reception areas, and two restrooms. Today, the property is leased to Stone Coyote Ceramics, a membership-based ceramics studio and arts facility, providing investors with in-place income from a distinctive experiential tenant while preserving long-term flexibility for creative, studio, R&D, and light industrial uses. 450 S Raymond Ave. is currently leased to Stone Coyote Ceramics who signed a 5 year lease on November 1, 2025. Currently the tenant is paying 14,834/mo on a Modified Gross basis.

FOR SALE DETAILS

PRICE

$10,495,000 USD

PRICE/SF

$1,050 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

442-450 S Raymond Ave

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Loft/Creative Space, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

UTILITIES

Lighting, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42

LAND SF

18,295

ZONING

SFO-MU-N

APN/PARCEL ID

5722-007-023

ASK ABOUT THIS PROPERTY

Mauricio OlaizLee & AssociatesMore Info
626-841-1864

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Mauricio OlaizLee & AssociatesMore Info
626-841-1864

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.