500 S Pasadena Avenue

The Growth Investment Group is proud to present a unique development opportunity, located within walking distance to Old Town Pasadena, and just off Fair Oaks. The Property consists of 30,000 SF of flat land in the CD6 Zone (Fair Oaks Corridor) and presents the opportunity to develop Work/ Live units, Commercial, or a Medical Use with the proximity to Huntington Hospital. This particular pocket is screaming for new construction, as it seems to be the last area in Pasadena without new development. This land will give Developers a chance to build a very unique product, in a market filled with the appropriate demographic to take advantage of these units. Live/ Work can be a great opportunity for a Sole Proprietor/ Entrepreneur to purchase a home and office in very desirable area of Pasadena, and can be the next most desirable type of unit, with all the internet and work from home based businesses.
500 S Pasadena Avenue, Pasadena, CA 91105 | Lots and Land | Active | 30929 SF Lot | MLS# AR19083912

Offered at $5,150,000

Features

Pool: No | View: Mountain(s)

Meet an expert

Troy Palmquist
Agent | DRE# 01772139

805.409.3662

Based on information from California Regional Multiple Listing Service, Inc. as of May 22, 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by
Justin McCardle, GIG Real Estate Inc., Source: Local MLS