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Mixed-Use Opportunity on Hill Ave

N Hill Ave 80-88 Pasadena, CA

N Hill Ave 80-88, Pasadena, CA, 00000
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Mixed-use property for sale on Hill Ave, Pasadena, CA.

Property Size5,199 SF
Lot Size0.21 Acres
Price / SF$442.39
AddedOct 2, 2025
Days on Market288
Last RefreshJul 14 at 8:45 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

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


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Prime location on Hill Ave.
  • Mixed‑use property.
  • Great owner‑user opportunity.

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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail properties & Spaces

Suggested Use

(Bike/Boat/Book/etc) Store Butcher Grocery & Convenience Store Daycare Center Food Market (Bike/Boat/Book/etc) Store Locksmith Mobile Phone Store Restaurant Farmer's Market

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

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.
Contact an agent
(626) 594-4900 Call to check price and availability
More about this property
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