For Sale
$4,200,000

560 Arroyo PkwyPasadena, CA 91105

Prime Pasadena location, high traffic, redevelopment potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use investment property, located at the highly visible northeast corner of S Arroyo Parkway and E California Blvd in Pasadena, CA (91105), presents a unique redevelopment opportunity. The property encompasses two parcels totaling 18,731 square feet, with a combined 11,768 square feet of existing commercial building space spread across two buildings and two stories. Six units are currently in place. The property boasts an enviable location at one of Pasadena's busiest intersections, experiencing approximately 88,000 vehicles daily. This prime location offers unparalleled visibility and accessibility along two major arterial roads. The asking price is $4,200,000, translating to $356.90 per square foot. The property is offered fee simple and features short-term leases, providing flexibility for owner-users or investors seeking various leasing or redevelopment options. The property has been under the same ownership for over 50 years, making this a rare chance to acquire a truly iconic Pasadena site. APN: 5722-016-019 & 5722-016-037.

Highlights

  • High-traffic location at a Pasadena intersection with 88,000 cars daily.
  • Prime commercial corridor location on Arroyo Parkway.
  • 50+ year ownership history provides stability.
  • Ideal investment or owner-user opportunity.

Property Details for 560 Arroyo Pkwy

Property type
Retail properties, Mixed-use properties
Square Feet
11,768 SF
Buildings
2
Stories
2
Units
6

Location Insight

City
Pasadena
County
Los Angeles
State
California
Latitude
34.136149
Longitude
-118.1470579
560 Arroyo Pkwy, Pasadena, California

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560 Arroyo Pkwy
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