837 Fair Oaks AvePasadena, CA 91105

  • Healthcare properties
  • 21,906 SF
For Lease
$23.40/SF/YR View listing

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
837 Fair Oaks Ave, Pasadena, California

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$89,411
$4,949,897
$2,593,905
$7,543,802
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