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442-450 S Raymond Ave 450 S Raymond Ave 16,593 SF Industrial Building Pasadena, CA 91105 $10,495,000 ($632.50/SF)



Executive Summary
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.
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.
Property Facts
Amenities
- 24 Hour Access
- Fenced Lot
- Reception
- Storage Space
- Air Conditioning
Utilities
- Lighting
- Water
- Sewer
- Heating
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Stone Coyote Ceramics - 450 S Raymond
- Services
- 6,593 SF
- $26.99
- Modified Gross
- Feb 2031
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Stone Coyote Ceramics - 450 S Raymond | Services | 6,593 SF | $26.99 | Modified Gross | Feb 2031 |
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Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5722-007-023 | Improvements Assessment | $1,886,326 |
| Land Assessment | $2,461,449 | Total Assessment | $4,347,775 |
Property Taxes
Parcel Number
5722-007-023
Land Assessment
$2,461,449
Improvements Assessment
$1,886,326
Total Assessment
$4,347,775
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