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Three-Level Mixed-Use Property
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33-61 S Fair Oaks Avenue, Pasadena, CA 91105

Three connected structures accommodate restaurant, fitness, and office uses within a fully occupied commercial property.

Property Size64,405 SF
Days on Market14

Property Features for 33-61 S Fair Oaks Avenue

General Information

Standard status Active
Size 64,405 SF
Class A
Total Parking Spaces 108
Property subtype Mixed Use, Retail, Office
Zoning CD-MU-C-AD-1
Occupancy 100%
Investment Type Core

Building Details

Year Built 1886
Year Renovated 2013
Buildings 3
Stories 3
Tenancy Multi
Listing Agency: CBRE LA
Listed By: Jenny Eng · License #CA 01931224
Source: Crexi
Added: Aug 19 Changed: Aug 30 Last Checked: Aug 30 at 6:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE LA

Investment Insights

Based on property information with market context.

This 64,405-square-foot mixed-use commercial property consists of three connected structures arranged across three levels. The improvements include an 1886 commercial building associated with the historic streetscape and a 2013 addition. Current occupancy includes restaurant, fitness, and office uses, creating a varied operating profile within one integrated property. The asset is 100% occupied, with a portion of in-place rents below current market levels.

The property extends along nearly a full block at 33-61 S. Fair Oaks Avenue in Old Pasadena, California, one block south of Colorado Boulevard. Its location places the asset within a major retail and dining destination and a heavily visited pedestrian environment. Zoning is CD-MU-C-AD-1.

Key Highlights

  • 64,405‑square‑foot mixed‑use commercial asset
  • Three‑level property with restaurant, fitness, and office uses
  • Three connected structures, including an 1886 commercial building

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Mobile Phone Store Locksmith Veterinary Clinic Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,921
Businesses Nearby

Demographics for 91105, CA

13,869
Population
6,773
Households
2
Avg Household Size
48
Median Age
73%
College-Educated
98%
High-School Grad
4.2 sq mi
ZIP Area
3,302
Density / Sq Mi
$156,835
Median Household Income
$97,402
Median Earnings
$2,988
Median Rent
$1,615,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three connected structures accommodate restaurant, fitness, and office uses within a fully occupied commercial property.
Where is this mixed-use property located?
The property is located at 33-61 S Fair Oaks Avenue Pasadena, CA.
What are key features of this property?
This property features: 64,405‑square‑foot mixed‑use commercial asset; Three‑level property with restaurant, fitness, and office uses; Three connected structures, including an 1886 commercial building
(818) 907-4650 Call to check price and availability
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