444 Fair Oaks Ave, Pasadena, CA 91103-3619
- Flex space
- 6,720 SF
- 1.86 lot acres
Current Use by Public Records
- Retro-Cal Vintage / Building Supply / Hardware & Home Improvement
- A & W Toy Shoppe / (Bike/Boat/Book/etc) Store / Arcade & Gaming Center
- George L. Throop Company / Construction Company / General Contractor
Property Details for 444 Fair Oaks Ave
- Year built
- 1920
- Construction
- WOOD
- Lot size
- 1.86 lot acres
- Zone code
- PSC*
- Property type
- Flex space
- APN
- 5725-003-058
- APU
- 5725003058
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 7, 2018 | — | Throop,george & Nancy F Trust | George L Throop JR. | Affidavit Of Death · related | — |
| Jul 26, 2017 | — | Throop,george L III Tr | George L Throop JR. | Affidavit Of Death · related | — |
| Apr 13, 2016 | — | Throop,g & N Family Trust | Throop G & N Family Trust | Quit Claim Deed · related | — |
| Jul 26, 2007 | $1,015,000 | Throop Childrens 2007 Trust | Throop G & N Fam Trust | Grant Deed · related | $315k · Throop George & N Fam Trust |
Description
This exceptional 1.86-acre land parcel in Pasadena, California, presents a remarkable development opportunity. Located at 444 N Fair Oaks Ave, 91103, this property boasts a prime location within walking distance of Old Town Pasadena and just 0.4 miles from the Memorial Park Metro Station, making it highly desirable for transit-oriented development. The existing zoning allows for a maximum of 162 units under the General Plan, with potential for up to 243 units utilizing the State Density Bonus Law (+50%). Permitted uses include Research & Development, Medical-Office, Office, Retail, and Mixed-Use developments, offering significant flexibility for potential projects. The property also includes income-producing cell tower leases with three national carriers, available for separate purchase. Extensive due diligence for a previously proposed (but not entitled) 206-unit development is available to qualified buyers under a confidentiality agreement. The asking price for this exceptional development site is $18,500,000. All zoning information and permit requirements should be independently verified with the City of Pasadena Planning Department.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $685,000
Market price range: $226k - $819k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pasadena
- County
- Los Angeles
- State
- California
- Longitude
- -118.15
- Latitude
- 34.1535
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
