87 N. Raymond Ave.

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

87 N. Raymond Ave.

pasadena, CA 91103
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

87 N. Raymond Avenue is located in the heart of Old Pasadena, a historic district characterized by a mix of brick architecture and modern retail. The property is situated within walking distance of numerous dining options, cafes, and service-oriented businesses along Colorado Boulevard. Transportation access is robust, with the Metro A Line Memorial Park Station located less than two blocks away. The site also offers proximity to multiple public parking structures and major regional thoroughfares, including the 210 and 134 freeways. The creative office space is suitable for professional services, design firms, or technology startups seeking a walkable urban environment. The layout typically supports open-concept work areas or partitioned private offices tailored to small-to-medium-sized enterprises. Given its location in a high-traffic commercial hub, the building appeals to tenants who prioritize employee recruitment and retention through access to amenities. The property serves as a functional workspace for businesses requiring a central Pasadena address with a high transit-oriented accessibility rating.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times