Fair Oaks Ave. (Owner/User)

848 N. Fair Oaks Ave.,
Pasadena , CA 91103

10,050 SF WAREHOUSE/OFFICE

$2,850,000
Offering Price
5725-001-008
APN/Parcel ID
14,625
Land SF
1962
Year Built
10,050
Building SF
Fair Oaks Orange Grove Specific Plan
Zoning
$2,850,000
Offering Price
5725-001-008
APN/Parcel ID
14,625
Land SF
1962
Year Built
10,050
Building SF
Fair Oaks Orange Grove Specific Plan
Zoning

INVESTMENT SUMMARY

  • Currently occupied by the Owner used for manufacturing. The property will be delivered vacant upon close of escrow.
  • Currently has a lot of power. Buyer to verify the exact amount.
  • Also a great development opportunity for Multi-Family or Condos. Height increases to 39 feet which is 4 stories high are being considered by the City to support housing, mixed-use development, and commercial revitalization.

LOCATION SUMMARY

  • Fair Oaks Avenue is one of the most well-known streets in Pasadena, is going through vast improvements. Significant investments are occurring around the subject property. Surrounded by all types of properties, residential, retail, office and industrial.
  • It's just one block and a half north of Orange Grove Blvd. in beautiful Pasadena California. East of the 210 Freeway and West of Los Robles.

  • The property is located in the highly desirable city of Pasadena, known for its vibrant cultural scene, historic architecture, and upscale shopping and dining options.
  • The surrounding area is a mix of residential neighborhoods, commercial districts, and educational institutions. Nearby attractions include the Pasadena Playhouse, the Norton Simon Museum, and the shops and restaurants along Colorado Boulevard.
  • Pasadena is home to several prestigious educational institutions, including the California Institute of Technology (Caltech) and Pasadena City College, which contribute to the area's intellectual and cultural diversity.
  • The property is conveniently situated near major transportation arteries, including the 210 Freeway and the Metro Gold Line, providing easy access to the greater Los Angeles area.
  • The neighborhood has a strong sense of community, with regular events such as the annual Rose Parade and Rose Bowl Game bringing residents and visitors together to celebrate the city's heritage.

  • The property is located on North Fair Oaks Avenue in Pasadena, a prominent city in Los Angeles County known for its cultural attractions, historic architecture, and vibrant community.
  • The city boasts a thriving arts and culture scene, with attractions like the Norton Simon Museum, the Pasadena Playhouse, and the Pasadena Museum of California Art.
  • North Fair Oaks Avenue itself is a bustling commercial corridor with a mix of retail shops, restaurants, and professional services, providing ample opportunities for businesses to thrive and attract customers.
  • The neighborhood surrounding the property is a blend of residential and commercial, offering a diverse customer base and potential for growth and development in the area.
FOR MORE DETAILS CONTACT
John Gessford
Senior Vice President | Principal
(949) 278-6645
jgessford@lee-associates.com
01137479