Entitled Mixed-Use Development
For Sale
$12,880,000
815 Fremont Avenue, South Pasadena, CA 91030
Corner parcel is approved for 56 residential condos and 3,034 SF of ground-floor commercial space.
Property SizeContact for details
Days on Market236
Property Features for 815 Fremont Avenue
General Information
Standard status
Active
Property subtype
Lot/Land
Zoning
Mixed-Use
Listing Agency:
Long Dragon Realty Group, Inc.
(626) 757-6611
Listed By:
Matthew Modica · License #02159930
(626) 757-6611
Source:
Compass
Added: Jan 5
Changed: Aug 25
Last Checked: Aug 22 at 8:39AM
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 Long Dragon Realty Group, Inc.
Investment Insights
Based on property information with market context.
CBRE presents an entitled mixed-use development site at 815 Fremont Ave. The project is approved for 56 residential condominium units along with 3,034 SF of ground-floor commercial space within a proposed 4-story, 35,469 SF development. The approvals were granted by the City of South Pasadena Planning Division under the State Density Bonus Law.
The property is a 0.81 AC corner parcel at Fremont Ave and Mission Street. It is zoned SPCM within the Downtown Specific Plan and is described as providing direct access to the Metro A Line at Mission Station, approximately 0.3 miles away.
A developer can proceed into the building permit and construction process without the entitlement risk and multi-year approval timeline typically associated with comparable infill sites, according to the public remarks.
The property is a 0.81 AC corner parcel at Fremont Ave and Mission Street. It is zoned SPCM within the Downtown Specific Plan and is described as providing direct access to the Metro A Line at Mission Station, approximately 0.3 miles away.
A developer can proceed into the building permit and construction process without the entitlement risk and multi-year approval timeline typically associated with comparable infill sites, according to the public remarks.
Key Highlights
- Fully entitled mixed‑use site at 815 Fremont Ave with approvals for 56 residential condo units.
- Includes 3,034 SF of ground‑floor commercial space.
- 4‑story, 35,469 SF development planned on a 0.81 AC corner parcel at Fremont Ave and Mission Street.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,870
Businesses Nearby
Explore this area
Business Placement
Demographics for 91030, CA
26,927
Population
11,040
Households
2.4
Avg Household Size
41
Median Age
73%
College-Educated
97%
High-School Grad
3.4 sq mi
ZIP Area
7,920
Density / Sq Mi
$128,105
Median Household Income
$79,571
Median Earnings
$2,218
Median Rent
$1,545,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Corner parcel is approved for 56 residential condos and 3,034 SF of ground-floor commercial space.
Where is this commercial land located?
The property is located at 815 Fremont Avenue South Pasadena, CA.
What is the asking price?
The asking price for this property is $12,880,000.
What are key features of this property?
This property features: Fully entitled mixed‑use site at 815 Fremont Ave with approvals for 56 residential condo units.; Includes 3,034 SF of ground‑floor commercial space.; 4‑story, 35,469 SF development planned on a 0.81 AC corner parcel at Fremont Ave and Mission Street.
