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Property profile & analytics
FOR LEASE
Investment properties

1736 Sierra Bonita Ave Pasadena, CA 91104-1523

1,920 SF 0.25 ac lot Built 1914
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-6389946
Property summary
AI-generated overview

This exceptional Pasadena investment property presents a rare opportunity to acquire a mixed-use portfolio encompassing three buildings on two lots totaling 13,973 square feet. The property is situated on a 0.32-acre lot at 1736 Sierra Bonita Avenue and offers significant development potential. The front portion of the property, zoned C2, features two commercial buildings totaling 3,146 square feet (1,008 SF and 2,138 SF), suitable for a variety of uses including medical, dental, or professional offices, retail spaces (restaurants, bakeries, clothing stores, etc.), or a combination thereof. The rear of the property, zoned R2, includes a fully remodeled 912-square-foot, three-bedroom, two-bathroom craftsman single-family home. Preliminary research indicates the potential to construct up to five additional residential units, including junior ADUs and detached ADUs, on this portion of the property. All buildings can be delivered vacant at closing, providing immediate flexibility for the new owner. This unique property offers the chance to establish a thriving business while simultaneously generating substantial rental income from residential units, maximizing investment returns. The property's location within a residential neighborhood ensures a built-in customer base for commercial ventures. The combination of commercial and residential zoning provides unparalleled versatility and potential for future development and profit. This is a truly exceptional opportunity for a savvy investor seeking a high-return, mixed-use investment in a desirable Pasadena location. The asking price is $1,800,000.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1914
Construction WOOD
Total area 1,920 SF
Lot 0.25 ac (10,729 SF)
Zoning code LCR2VV
APN 5851-003-003
UPID US09-6389946
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$955k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.19M
Blend (final) Blend
$1.06M
Owner & transaction history
Kingdom Property LLC · 4 yrs held
Kingdom Property LLC
since 2022
Last sale
$1.1M
2 recorded transactions
2022
$1.1M
1968
Price N/A
Zoning & alternative use
LCR2VV · Pasadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $1.2M +55.3%
Office building $1.1M +43.3%
Auto repair, garage $960,000 +27.7%
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