Playhouse Plaza — Sale in Pasadena, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Pasadena, CA 91101

Description

Playhouse Plaza

Market Context

This office in Pasadena, CA is listed for sale. It has been on the market for 195 days. Compare it against other office listings for sale in Pasadena, CA — view the full market.

As of Q1 2026, the Greater Los Angeles office market showed a 14.7% vacancy rate, average asking rents near $35.40/SF/yr, rents up 0.7% year over year, and cap rates around 5.8%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

What is the typical cap rate for office in Greater Los Angeles?
About 5.8% as of Q1 2026, per multiple brokerage reports.
Is the Greater Los Angeles office market tightening or softening?
Vacancy is around 14.7%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$310.59/SF – $420.21/SF

Mid: $365.40/SF

Rate estimator only; cost-of-business estimate unavailable.

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