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    259 Ave Unit 104 Pasadena, CA 91107

    For Sale
    Contact for pricing

    Prime Pasadena location, ample parking. Ideal for retail or office.

    Property size:
    5,892 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional mixed-use property, located at 259 Avenue Unit 104 in Pasadena, California, presents a unique investment opportunity. The 5,892 square foot building sits on a 0.52-acre lot, offering significant space and potential. Unit 104, currently available for lease, comprises 297 square feet. The property's prime location on Sierra Madre Villa Avenue provides excellent visibility and accessibility, with convenient proximity to the 210 freeway, ensuring easy commutes for employees and customers. The ample parking available on-site is a significant advantage, addressing a common challenge in urban commercial spaces. The versatile nature of the property makes it suitable for a wide range of commercial uses, including retail establishments, office spaces, or a combination thereof. The substantial size of the building and the generous lot size offer considerable flexibility for future development or expansion. This property represents a compelling opportunity to establish a thriving business in a highly desirable Pasadena location. The asking price for the entire property is $850,000. Further details regarding lease terms for Unit 104 are available upon request.

    Property Features for 259 Ave Unit 104

    General Information

    Property type
    Mixed-use properties
    Square Feet
    5,892 SF
    Lot Size
    22,651 SF

    Building Details

    Year Built
    1947
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Pasadena
    County
    Los Angeles
    State
    California
    Longitude
    -118.088
    Latitude
    34.1512

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Pasadena location, ample parking. Ideal for retail or office.
    Where is this mixed-use property located?
    The property is located at 259 Ave Unit 104 Pasadena, CA.
    What is the asking price?
    The asking price for this property is $850.
    (626) 355-1451
    Request Owner's contact information
    259 Ave Unit 104 Pasadena, CA 91107
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    Pasadena, CA 91107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    259 Ave Unit 104 Pasadena, CA 91107
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