826 Fair Oaks AvePasadena, CA 91103

Property Details for 826 Fair Oaks Ave

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 10,732 square foot lot at 826 N Fair Oaks Ave in Pasadena, California (APN 5725-001-006) presents a remarkable permit-ready development opportunity. Zoned PSR*, this property offers a pre-approved plan for a mixed-use development encompassing 6,602 square feet of ground floor commercial space and six multi-family residential units. All necessary plans and permits are readily available upon request, streamlining the development process and minimizing delays. The property's strategic location boasts excellent visibility and accessibility, situated near major businesses including Wells Fargo, CVS, Starbucks, USPS, and Heritage Square. With a second Heritage Square development underway just one block away, this location benefits from significant ongoing revitalization and increased foot traffic. Convenient access to the 210 and 134 freeways ensures easy commutes and excellent connectivity. This is an exceptional investment opportunity for developers seeking a prime location with a pre-approved plan, minimizing risk and maximizing return. The asking price is $1,995,000. Don't miss this chance to capitalize on Pasadena's thriving market.

Location Insight

City

Pasadena

County

Los Angeles

State

California

Latitude

34.1601

Longitude

-118.15

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