848 Fair Oaks AvePasadena, CA 91103

This exceptional 10,050 square foot medical office building, located at 848 N. Fair Oaks Ave in Pasadena, California (91103), presents a unique investment opportunity. Currently owner-occupied and used for manufacturing, the property will be delivered vacant upon escrow closing, offering significant flexibility for future use. Built in 1962, the building sits on a 14,625 square foot lot and boasts a 16-foot ceiling height. The asking price is $3,488,000, translating to $347.06 per square foot. The property is zoned under the Fair Oaks Orange Grove Specific Plan, allowing for potential redevelopment opportunities, including residential or multi-family uses (subject to city approvals). The property's fee simple ownership provides complete control and potential for long-term appreciation. The Assessor's Parcel Number (APN) is 5725-001-008. This prime Pasadena location offers excellent access to major transportation routes and a thriving community. Detailed information, including the Offering Memorandum, is available online. This is a rare chance to acquire a substantial property in a desirable area with significant upside potential. Serious inquiries only.