848 Fair Oaks Ave Pasadena, CA 91103
- Manufacturing properties
- 10,050 SF
- 0.34 lot acres
Current Use by Public Records
- Hamilton Metalcraft / Metal Fabricator
Property Details for 848 Fair Oaks Ave
- Year built
- 1962
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.34 lot acres
- Property size
- 10,050 SF
- Zone code
- PSM*
- Property type
- Manufacturing properties
- APN
- 5725-001-008
- APU
- 5725001008
Description
This exceptional 10,050 square foot medical office building, located at 848 N. Fair Oaks Ave in Pasadena, California (91103), presents a unique investment opportunity. Currently owner-occupied and used for manufacturing, the property will be delivered vacant upon escrow closing, offering significant flexibility for future use. Built in 1962, the building sits on a 14,625 square foot lot and boasts a 16-foot ceiling height. The asking price is $3,488,000, translating to $347.06 per square foot. The property is zoned under the Fair Oaks Orange Grove Specific Plan, allowing for potential redevelopment opportunities, including residential or multi-family uses (subject to city approvals). The property's fee simple ownership provides complete control and potential for long-term appreciation. The Assessor's Parcel Number (APN) is 5725-001-008. This prime Pasadena location offers excellent access to major transportation routes and a thriving community. Detailed information, including the Offering Memorandum, is available online. This is a rare chance to acquire a substantial property in a desirable area with significant upside potential. Serious inquiries only.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pasadena
- County
- Los Angeles
- State
- California
- Longitude
- -118.15
- Latitude
- 34.1605
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
