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826 N FAIR OAKS AVENUE, PASADENA, CA 91103

  • $1,295,000 -$100,000
  • 0Beds
  • 0Baths
  • Sqft
  • Style
  • Commercial
  • Listed Date 07/24/2017
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  • Open House
  • NEWLY PRICED -$100,000
  • Luxury
  • Pending
  • New Listing 07/24/2017
  • Coming Soon
  • Sold
  • Rental
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Located in the highly redeveloping Fair-Grove Specific Plan(FGSP), the property offers high traffic exposure with back alley access. It’s one block north of a very busy commercial intersection, that occupies Chase, Wells Fargo, CVS, Starbucks, Subway and many more and one block south of the intersection leading to the Historic Rose bowl. Current use is a residential fourplex consisting of a 1,464 sq. ft., 4 bed/2 bath home and three 1 bed/1 bath units with lots of parking. Rental income is $4,336/mo. The lot is 195' by 55'(10,725 sq. ft.). Zoning is C3(a)-highest density commercial (40 units/acre, 3 stories/40 ft. high). There may be density bonuses and possible height variances available (inquire with City). Zoning allows for commercial, mixed use and special type property developments(see zoning supplement). The business-friendly Enterprise Zone designation adds significant tax credit savings, local permit fee waivers and other incentives to help reduce the cost of doing business. Pasadena is in its fourth decade of redevelopment and in recent years many new developments have sprouted-up in and around the surrounding area. Most recently, the long-awaited Heritage Square Development has just completed phase 1 and is awaiting the construction of phase 2. Pasadena’s aggressive efforts to redevelop, the specific and thriving location and the current zoning codes and business friendly environment make this piece of land a tremendous investment for the would-be developer.

Listing courtesy of: Dean Garcia, Hous Realty
  • Property type: Commercial
  • Status: Active
  • List Price: $1,295,000
  • MLS# OC17136324
  • Beds: 0
  • Baths: 0
  • Listed: 07/24/2017
  • Sqft:
  • Age: 63
  • Attached Garage YN: No
  • Auto Sold YN: No
  • Building Area Total: 2805
  • Building Area Units: Square Feet
  • Building Status: Existing
  • Construction Materials: Drywall Walls, Frame, Stucco
  • Cooling: None
  • Cooling YN: No
  • County Or Parish: Los Angeles
  • Fencing: Blockwall
  • Heating: Floor Furnace
  • Heating YN: Yes
  • Fireplace YN: No
  • Foreclosure YN: No
  • New Construction YN: No
  • Pool YN: No
  • REO or Bank Owned YN: No
  • Laundry Features: Individual Room
  • Roof: Asphalt
  • WaterWellYN: No
  • Year Built: 1954
  • Zoning: C3-a

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Nearby Schools

john muir high school (9-12)
1905 lincoln ave
pasadena, CA 91103
place1.38 miles from listing, web Website 19 students per teacher Educational climate index: average
55 staff members 1091 total students Poverty level:16 - 29.9 percent percent Enrollment change: -5% to -10%
cleveland elementary school (preschool-5)
524 palisade st
pasadena, CA 91103
place0.99 miles from listing, web Website 30 students per teacher Educational climate index: average
10 staff members 305 total students Poverty level:16 - 29.9 percent percent Enrollment change: -5% to -10%
madison elementary school (preschool-5)
515 e ashtabula st
pasadena, CA 91104
place0.60 miles from listing, web Website 14 students per teacher Educational climate index: average
35 staff members 520 total students Poverty level:16 - 29.9 percent percent Enrollment change: +1% to +5%
harambee preparatory school (preschool-6)
1609 navarro ave
pasadena, CA 91103
place0.95 miles from listing, web Website 6 students per teacher Educational climate index: average
6 staff members 40 total students Poverty level:16 - 29.9 percent percent Enrollment change:
chandler school (k-8)
1005 armada dr
pasadena, CA 91103
place0.72 miles from listing, web Website 11 students per teacher Educational climate index: average
50 staff members 450 total students Poverty level:16 - 29.9 percent percent Enrollment change:
st. monica academy (1-12)
301 n orange grove blvd
pasadena, CA 91103
place0.87 miles from listing, web Website 14 students per teacher Educational climate index: average
30 staff members 230 total students Poverty level:16 - 29.9 percent percent Enrollment change:
st. andrew elementary school (k-8)
42 chestnut st
pasadena, CA 91103
place0.68 miles from listing, web Website 22 students per teacher Educational climate index: average
10 staff members 207 total students Poverty level:16 - 29.9 percent percent Enrollment change:
pasadena christian school (preschool-8)
1515 n los robles ave
pasadena, CA 91104
place0.95 miles from listing, web Website 14 students per teacher Educational climate index: average
20 staff members 400 total students Poverty level:16 - 29.9 percent percent Enrollment change:
friends western school (1-6)
524 e orange grove blvd
pasadena, CA 91104
place0.63 miles from listing, web Website Not Reported students per teacher Educational climate index: average
2 staff members 11 total students Poverty level:16 - 29.9 percent percent Enrollment change:
maranatha high school (9-12)
169 s saint john ave
pasadena, CA 91105
place1.23 miles from listing, web Website 13 students per teacher Educational climate index: above average
45 staff members 658 total students Poverty level:16 - 29.9 percent percent Enrollment change:
new horizon school pasadena (preschool-8)
651 n orange grove blvd
pasadena, CA 91103
place0.48 miles from listing, web Website 11 students per teacher Educational climate index: average
20 staff members 180 total students Poverty level:16 - 29.9 percent percent Enrollment change:
the waverly school (preschool-12)
67 w bellevue dr
pasadena, CA 91105
place1.50 miles from listing, web Website 12 students per teacher Educational climate index: above average
50 staff members 320 total students Poverty level:16 - 29.9 percent percent Enrollment change:
options for youth-hermosa beach, inc. school (7-12)
199 s los robles ave
pasadena, CA 91101
place1.34 miles from listing, web Website 15 students per teacher Educational climate index: above average
15 staff members 239 total students Poverty level:not reported percent Enrollment change: +5% to +10%
westminster academy (k-8)
po box 93193
pasadena, CA 91109
place0.69 miles from listing, web Website 13 students per teacher Educational climate index: average
8 staff members 106 total students Poverty level:not reported percent Enrollment change:
westminster academy (k-8)
1206 lincoln ave
pasadena, CA 91103
place0.71 miles from listing, web Website 13 students per teacher Educational climate index: unclassified
8 staff members 110 total students Poverty level:16 - 29.9 percent percent Enrollment change:
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