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    826 Fair Oaks Ave Pasadena, CA 91103

    Sponsored
    For Sale
    $1,995,000

    Prime Pasadena location, mixed-use potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 10,732 square foot lot at 826 N Fair Oaks Ave in Pasadena, California (APN 5725-001-006) presents a remarkable permit-ready development opportunity. Zoned PSR*, this property offers a pre-approved plan for a mixed-use development encompassing 6,602 square feet of ground floor commercial space and six multi-family residential units. All necessary plans and permits are readily available upon request, streamlining the development process and minimizing delays. The property's strategic location boasts excellent visibility and accessibility, situated near major businesses including Wells Fargo, CVS, Starbucks, USPS, and Heritage Square. With a second Heritage Square development underway just one block away, this location benefits from significant ongoing revitalization and increased foot traffic. Convenient access to the 210 and 134 freeways ensures easy commutes and excellent connectivity. This is an exceptional investment opportunity for developers seeking a prime location with a pre-approved plan, minimizing risk and maximizing return. The asking price is $1,995,000. Don't miss this chance to capitalize on Pasadena's thriving market.

    Property Features for 826 Fair Oaks Ave

    General Information

    Property type
    Land

    HighLights

    • 10,724 SF entitled mixed‑use development site.
    • Approved plans for 6,602 SF of ground‑floor commercial space and six residential units.
    • Plans and permits available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Los Angeles
    State
    California
    Longitude
    -118.1502797
    Latitude
    34.1600808

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    FAQs

    What type of property is this?
    Land - Prime Pasadena location, mixed-use potential.
    Where is this land located?
    The property is located at 826 Fair Oaks Ave Pasadena, CA.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: 10,724 SF entitled mixed-use development site.; Approved plans for 6,602 SF of ground-floor commercial space and six residential units.; Plans and permits available upon request.
    Request Owner's contact information
    826 Fair Oaks Ave Pasadena, CA 91103
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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
    826 Fair Oaks Ave Pasadena, CA 91103
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