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826 N Fair Oaks Ave

0.25 Acres of Residential Land Offered at £1,333,410 in Pasadena, CA 91103

Investment Highlights

  • Heavy daytime traffic
  • Great development opportunity
  • Approved for 6,602 sqft of ground floor commercial and six multi-family residential units
  • Easy access to multiple freeways
  • Plans and permits available
  • Entitled mixed-use development project

Executive Summary

2 existing structures - Front house is approximately 1,600 sq ft. Rear Structure is 2 story, 3 units approximately 400 ft each plus a garage space. All units currently rented. Potential for ADU. Property could be either a re-hab of existing buildings or redevelopment.
Major neighbors include Wells Fargo, CVS, Starbucks, USPS and Heritage Square. Great street visibility on a primarily residential street. Heritage Square is being developed one block over. Easy access to the 210 and 134 freeways.

Property Facts

Price £1,333,410
Sale Type Investment or Owner User
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.25 AC

1 Lot Available

Lot

Price £1,333,410
Price Per AC £5,416,204
Lot Size 0.25 AC

Mixed-use development project on approximately 10,724 SQFT of land. Approved for 6,602 sqft of commercial and six multi-family residential units. Plans are available by request.

Description

Currently built-out as residential on a commercial lot. New developments in progress next-door.

Walk Score ®
Very Walkable (85)
Bike Score ®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5725-001-006
Land Assessment
£721,372
Improvements Assessment
£309,775
Total Assessment
£1,031,147

zoning

Zoning Code PSR (Zoned Fair Oaks / Orange Grove Specific Plan - District 3. Zoning allows residential, neighborhood residential and certain light industrial uses.)
PSR (Zoned Fair Oaks / Orange Grove Specific Plan - District 3. Zoning allows residential, neighborhood residential and certain light industrial uses.)
  • Listing ID: 26713132

  • Date on Market: 26/09/2022

  • Last Updated:

  • Address: 826 N Fair Oaks Ave, Pasadena, CA 91103

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