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    Mixed-Use Opportunity on Hill Ave Title is generated by Realmo AI

    N Hill Ave 80-88, Pasadena, CA

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    Mixed-use property for sale on Hill Ave, Pasadena, CA.

    Type:RETAIL
    Property size:
    5,199 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $442/SF
    Added:
    Oct 2, 2025
    Days on Market:
    251
    Last Refresh:
    May 19 at 10:19 pm

    Property Features for N Hill Ave 80-88

    General Information

    Standard status
    Active
    Size
    5,199 SF
    Lot size
    0.21 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Han Widjaja Chen

    Listing agent Han Widjaja Chen

    Listing office Growth Investment Group California

    Listing date Oct 2, 2025

    Source Moodyscre

    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 Growth Investment Group California

    HighLights

    • Prime location on Hill Ave.
    • Mixed‑use property.
    • Great owner‑user opportunity.
    • Investment opportunity available.
    • Additional property details available.

    Overview

    This mixed-use property, offering an owner-user or investment opportunity, is located on Hill Ave in Pasadena, CA. The property has a size of 5199 square feet.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $192.2k $36.96
    − Vacancy −$4.4k −$0.85
    EGI $187.7k $36.11
    − OpEx −$56.3k −$10.83
    NOI $131.4k $25.28
    5,199 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.88M
    $1.64M – $2.19M (±1% cap)
    NOI $131,415 @ 7.0% cap · market cap 5.71%
    Second Best
    Mixed Use
    $1.43M
    $1.26M – $1.67M (±1% cap)
    NOI $100,445 @ 7.0% cap · market cap 4.37%
    Theoretical Best
    Multifamily LT 5
    $117.03M
    $102.40M – $136.53M (±1% cap)
    NOI $8,192,081 @ 7.0% cap · market cap 356.18%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail properties & Spaces

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Los Angeles
    State
    California
    Longitude
    -118.121
    Latitude
    34.1475

    FAQs

    What type of property is this?
    Retail property - Mixed-use property for sale on Hill Ave, Pasadena, CA.
    Where is this retail property located?
    The property is located at N Hill Ave 80-88 Pasadena, CA.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: Prime location on Hill Ave.; Mixed‑use property.; Great owner‑user opportunity.
    (626) 594-4900 Call to check price and availability
    More about this property
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