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$ 4,499,000
Est. payment | /mo
$ 4,499,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-17756
HOA Y/N No
Year Built 1948
Property Description
Seller financing available with lower than market rates and very favorable terms. Introducing an unparalleled commercial real estate opportunity distinctively situated in a highly desirable section of South Pasadena's Mission St. Downtown Plan. Comprising a large C3 zoned double lot sprawling across approx. 14,789 SF, this remarkable property features a solidly built, concrete construction commercial building spanning approx. 6,687 SF and a highly coveted, large parking lot of 7,384 SF. Currently configured with five versatile suites of various sizes, the commercial building also includes a second-floor 408 SF bonus space with a bathroom. Notably, this strategically placed property boasts an impressive 116 SF of frontage along prime Mission St with zoning and approved uses that offer a buyer many uses and development options.This exceptional property stands as a beacon of local accessibility and regional convenience. With easy, seamless access to the 110 & 210 Freeways, and strategically positioned within a 1/2-mile radius of the Metro Gold Line station, getting to and from this prime location to anywhere in Greater LA, and Southern California generally, is a relative breeze. Its adjacency to an array of local dining and retail establishments elevates its appeal as an investment opportunity.Offering a blend of stability and exceptional value, this acquisition beckons the astute investor seeking prime real estate in an irreplaceable Southern California suburban infill location within a dense, thriving, and affluent community. South Pasadena's esteemed quality of life, renowned schools, and abundant amenities underscore its commercial vibrancy, rendering this property an unparalleled asset in a desirable locale.- Unparalleled potential for repositioning with high barriers to entry.- Ideal for Owner-User, Prime Investment, or Development Opportunities.- Boasting pride of ownership- Immediate value-add potential in a highly sought-after locale.- Exceptional demographics and proximity to renowned schools.- Prominent exposure with over 116 SF of frontage along prime Mission St.- First time offered on the market in over 46 years!- Enormous upside potential with aggressive value-add.- Proximity to desirable amenities and services.- Includes two lots with parcel #5313-006-038 & #5313-006-039.** Kindly Refrain from Disturbing Tenants. ***AGENT IS RELATED TO ONE OF THE SELLERS
Location
State CA
County Other
Area 658 - So. Pasadena
Zoning C3 please confirm
Interior
Heating Central
Fireplace No
Laundry None
Exterior
Fence Block
Building
Lot Description Front Yard
Dwelling Type Flex,Office,Retail,Warehouse
Water Public
Others
Tax ID 5313006039
Special Listing Condition Standard
Listed by Lynette Sohl • Berkshire Hathaway Home Servic