Fair Oaks Ave. (Owner/User)

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.