837 Fair Oaks AvePasadena, CA 91105
- Healthcare properties
- 21,906 SF
Property Details for 837 Fair Oaks Ave
- Year built
- 1962
- Construction
- WOOD
- Lot size
- 0.44 AC
- Property size (Sq ft)
- 21,906 SF
- Zone code
- PSC*
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 5719-026-001
- APU
- 5719026001
Description
This exceptional commercial property at 837 S Fair Oaks Ave, Pasadena, CA 91105, offers 5,017 square feet of vacant office space in a multi-tenant building. The property features a total of 11 suites, with individual spaces ranging from a minimum of 1,298 square feet to a maximum contiguous area of 3,719 square feet. The building, constructed in 1962, is a two-story Class C structure with a total building size of 20,407 square feet and a typical floor size of 7,308 square feet. Parking is readily available with a 4:1,000 square foot ratio. The location boasts excellent access to major freeways including the I-210, CA-134, and CA-110, as well as proximity to the Metro Gold Line Fillmore Station, making commuting convenient. The property benefits from abundant retail amenities along the Fair Oaks corridor and is situated adjacent to Huntington Hospital. Walk Score® is 83 (Very Walkable) and Bike Score® is 76 (Very Bikeable). This presents a unique opportunity for businesses seeking a well-located, versatile office space in a thriving Pasadena neighborhood within Los Angeles County.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,869,906
- 6.5%
- $5,418,374
- 7%
- $5,031,348
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,148,300
- Geo Method
- $4,165,645
-
Alternative Use
- Use
- Valuation
- Residential
- $6,718,784
- Hospitality
- $6,154,370
- Educational
- $5,120,364
- Medical
- $5,296,461
- Retail
- $7,965,010
Location Insight
- City
- Pasadena
- County
- Los Angeles
- State
- California
- Latitude
- 34.1313
- Longitude
- -118.151
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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