837 Fair Oaks AvePasadena, CA 91105

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

Medical offices

Property subtype

Medical centers

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.

• 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

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