118 N Fair Oaks Ave Pasadena, CA 91103
Two-story office building in Old Pasadena near new development.
Property size:
10,527 SFProperty Features for 118 N Fair Oaks Ave
General Information
- Size
- 10,527 SF
Source:
Naiglobal
Listing Agent: Cheryl Pestor
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Pasadena Office Building Opportunity
This two-story office building features 21 private window offices, 6 support staff areas, 2 conference rooms, a full-service kitchen, a copy room, 5 restrooms, and 1 shower. The property includes 2,600 square feet of outdoor patios suitable for social gatherings. Interior improvements reflect an Early California Craftsman style. The building has undergone several updates, including new sprinklers in 1989, seismic rehabilitation in 1990, exterior paint and AT&T fiber installation in 2022, 9 new skylights and a new roof in 2023, and new carpeting on a portion of the second floor in 2024. The property has 600 amps of power with 7 meters. Located on Fair Oaks Avenue between Holly Street and Walnut Street, it is directly across from the new $1 billion Phase 1, 10 West Walnut mixed-use development featuring office, retail, and apartment spaces. Situated in Old Pasadena, it is 2 blocks north of Colorado Boulevard. The CD-MU-C [Central District Mixed Use Core Zoning] allows for office and retail use, with residential use permitted on the second floor. A rear private, gated surface lot provides 12 single parking spaces, and additional public and private parking is available in the immediate area. The surrounding area has an affluent HHI of $120,926 within a 1-mile radius and $154,010 within a 3-mile radius. This is a rare generational owner-user office building opportunity.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Pasadena
- County
- Los Angeles
- State
- California
- Longitude
- -118.150114
- Latitude
- 34.1479765
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Two-story office building in Old Pasadena near new development.
Where is this office building located?
The property is located at 118 N Fair Oaks Ave Pasadena, CA.
What is the asking price?
The asking price for this property is $7,358,000.
What are key features of this property?
This property features: - Rare owner-user office building opportunity in Old Pasadena, directly across from a new $1 Billion mixed-use development.; - Flexible CD-MU-C zoning allows for office, retail, and residential use on the 2nd floor.; - Building features **21 private window offices**, 6 support staff areas, 2 conference rooms, a full kitchen, and 5 restrooms.