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Sierra Madre CA Real Estate & Commercial for Sale

The median home value in Sierra Madre, CA is $1,201,250. This is higher than the county median home value of $790,000. The national median home value is $308,980. The average price of homes sold in Sierra Madre, CA is $1,201,250. Approximately 57% of Sierra Madre homes are owned, compared to 36% rented, while 7% are vacant. Sierra Madre real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Sierra Madre real estate agent to arrange a tour today!
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Showing Homes Nearby Sierra Madre, CA
Beds:
n/a
Baths:
Sq.Ft.:
5,275
Status:
Active
MLS#:
24360655
Type:
Business Opportunities
Lot size:
0.19 Acres
Year built:
1952
Listing Agent: Sevak Keshishian CalDRE: 01887505 - Marcus & Millichap Sevak Keshishian CalDRE: 01887505
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We proudly present the acquisition opportunity of 3864 E. Colorado Blvd, a retail property nestled in the vibrant heart of East Pasadena. Spanning 5,275 square feet, this 1952-built asset sits on an 8,845 square foot lot, uniquely zoned for Mixed Use Development (MXD). The property hosts three retail spaces, offering a blend of architectural charm and functional versatility.Currently, two of the three units are occupied under one-year leases set to conclude this year, with the remaining space filled by a tenant on a month-to-month agreement. This setup presents a rare opportunity for investors to potentially enhance income by an estimated 30% through strategic interior and exterior renovations post-lease expirations. Additionally, the site offers an enticing prospect for owner-users, who can leverage SBA financing options for reduced down payments, making acquisition more accessible and appealing. Strategically positioned within a Transit Oriented District, 3864 E. Colorado Blvd benefits from a "Mixed Use" (MU) designation on the East Pasadena-East San Gabriel Land Use Policy Map, supporting a maximum density of 150 units per acre, a floor area ratio of up to 3, and allowing for structures up to 65 feet in height. The MXD zoning further broadens the potential uses, making it an ideal investment for those looking towards future development possibilities. The property's prime location, just south of the 210 Freeway and flanked by Rosemead Blvd and Michillinda Ave, places it on one of San Gabriel Valley's principal arteries. It is enveloped by a rich tapestry of local enterprises, dining options, retail outlets, and residential areas, ensuring a constant flow of foot traffic and visibility. Proximity to key transit routes and notable landmarks such as Hastings Ranch Plaza, Hastings Village Shopping Center, the LA County Arboretum, Santa Anita Park, and Westfield Santa Anita mall, coupled with easy access to the 210 Freeway, enhances its appeal to both potential investors and tenants seeking convenience and connectivity. This property not only offers immediate rental income potential but also serves as a canvas for visionary development, promising a blend of immediate returns and long-term strategic value. Seize the opportunity to invest in a location where tradition meets potential, at 3864 E. Colorado Blvd, East Pasadena.

Beds:
n/a
Baths:
Sq.Ft.:
1,350
Status:
Active
MLS#:
AR23201534
Type:
Retail, Business Opportunities
Lot size:
0.06 Acres
Year built:
1951
Listing Agent: Ching Sze Louie CalDRE: 00938644 - Louie Properties, Inc., 626-278-7388 Ching Sze Louie CalDRE: 00938644
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Location! Location! Location! High traffic count. Lots of development growth in the area. Easy accessibility to the Metrolink, bus lines and 210 Freeway. Property is 1,350 square feet and built in 1948. Lot size is 2774 square feet, with rear fenced parking lot with alley access.

Beds:
n/a
Baths:
Sq.Ft.:
816
Status:
Active
MLS#:
AR24034719
Type:
Industrial, Business Opportunities
Lot size:
0.17 Acres
Year built:
1924
Listing Agent: Matt Cuong Ly CalDRE: 01441481 - Coldwell Banker Realty, [email protected] Matt Cuong Ly CalDRE: 01441481
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Exceptional development opportunity located at 142 La Porte. Located in a desirable area of Arcadia, this lot is centrally located to dense residential, eateries, West Field mall, city halls, fire and police stations with easy access to the 210 freeway and the 605 freeway. Sold as land value, Purchase price to include a full set of approve plans consisting of 3 warehouse units with 4 parking spaces. ( Unit A- 1,387 sqft, Unit B-1,312 sqft , Unit C- 1,281 sqft). There is currently a non-conforming 2 bedroom 1 bath, 816 sqft single family house on the lot. This commercial lot is currently in the process of being rezone as Downtown Zones (RM80) buyer to verify with the city. Current photos are from a previous listing, all personal belongings has been removed (cars, above ground pool, etc.)

Beds:
n/a
Baths:
Sq.Ft.:
6,283
Status:
Active
MLS#:
AR24023225
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1927
Listing Agent: Annie Chen CalDRE: 00969419 - Homegrown Wealth Real Estate Annie Chen CalDRE: 00969419
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Prime, central Arcadia location, one block east of Santa Anita Avenue on E. Huntington Drive. Convenient to Westfield Santa Anita Regional Shopping Center, Santa Anita Racetrack, and Restaurant Row on Huntington Drive. High visibility, recently remodeled property w/approx. 14' ceilings & approx. 2,500/SF bonus mezzanine space. Located in Arcadia Central Business District (CBD) Area. *Available for a variety of retail/service uses. *Please check w/City of Arcadia for all zoning matters, allowed uses, and parking requirements.

Beds:
n/a
Baths:
Sq.Ft.:
3,499
Status:
Active
MLS#:
AR24068725
Type:
Retail, Business Opportunities
Lot size:
0.16 Acres
Year built:
1953
Listing Agent: Jeannette Zhang CalDRE: 01851681 - VasTree Real Estate, 626-616-9123 Jeannette Zhang CalDRE: 01851681
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This prime commercial property is situated on one of the most sought-after street in the heart of Arcadia. Strategically positioned for maximum exposure and pedestrian traffic. The property consists of 2 buildings totaling 3,499 SqFt. Perfect for retail, food service, office, and other creative usage. Parking lot in the rear with plenty of street parking. The building has street frontage on Baldwin Avenue with exposure to approximately 35,000 vehicles per day. The subject property is surrounded by national tenants and enjoys immediate proximity to the famous Santa Anita Racetrack. Walking distance to the Westfield Santa Anita Mall which is anchored by Nordstrom, Macys, AMC Theaters, Sephora, Cheesecake Factory, Dave & Busters, Din Tai Fung, 99 Ranch Market, etc. Just minutes to 210 Freeway, shopping plazas, variety of banks, many high demand restaurants, The Arboretum, etc.

Beds:
n/a
Baths:
Sq.Ft.:
3,886
Status:
Active
MLS#:
AR24054350
Type:
Mixed Use, Business Opportunities
Lot size:
0.12 Acres
Year built:
1951
Listing Agent: Henry Liu CalDRE: 01378289 - CBD Investment Inc., 626-688-2208 Henry Liu CalDRE: 01378289
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This is your chance to seize an investment or secure your own commercial and residential space in a highly sought-after area. With 4 units comprising both commercial and residential spaces, this property offers versatility and potential for multiple streams of income.Key Features:Location: Situated in a prime location and convenient access to amenities, this property is strategically positioned for maximum exposure and foot traffic in city of arcadia.Mixed-Use: Featuring a blend of commercial and residential units, this property caters to diverse tenant needs and offers flexibility in usage.Investment Potential: Whether you're an investor seeking steady returns or an owner looking to establish your presence, this property presents an excellent opportunity for growth and financial success.Seller will do 1031 Exchange.

Beds:
n/a
Baths:
Sq.Ft.:
12,726
Status:
Active
MLS#:
WS23181822
Type:
Office, Business Opportunities
Lot size:
0.61 Acres
Year built:
1980
Listing Agent: DANIEL CHEN CalDRE: 01043664 - FULLHOUSE REALTY, [email protected] DANIEL CHEN CalDRE: 01043664
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Prime location on high car traffic Rosemead Blvd. Near Cities of San Marino, Pasadena, Arcadia, and Temple City. A two story office building. New roof, blinds, security system and ACs. Total are 26 units in various square footage. Plenty of parking onsite and on the street.

Beds:
n/a
Baths:
Sq.Ft.:
2,385
Status:
Active
MLS#:
SR24012602
Type:
Retail, Business Opportunities
Lot size:
0.12 Acres
Year built:
1948
Listing Agent: Aristide Buhoiu CalDRE: 01322666 - Royal Estate Properties, 818-445-4663 Aristide Buhoiu CalDRE: 01322666
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Attention Investors and Developers! Two side by side Commercial zoned properties (Must be sold together with 2393 E Washington Blvd. Listed at $975,000 for a total of $1,800,000 for both). Here is an opportunity to develop a mixed use retail/apartment building, Affordable housing, Senior living, restaurant/retail or office building in a highly desired area of Pasadena/Altadena. The property is located in LA County per city planners. Currently there are multiple business including a restaurant and an art gallery. Property does have an alley in the back. Buyers to verify with the city as to what can be built great access to transportation. Property has been extended with an office and a patio area of over 600sf not included in the SF of the property.

Beds:
n/a
Baths:
Sq.Ft.:
3,285
Status:
Active
MLS#:
SR24012168
Type:
Retail, Business Opportunities
Lot size:
0.12 Acres
Year built:
1947
Listing Agent: Aristide Buhoiu CalDRE: 01322666 - Royal Estate Properties, 818-445-4663 Aristide Buhoiu CalDRE: 01322666
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Attention Investors and Developers! Two side by side Commercial zoned properties (Must be sold together with2401 E Washington Blvd. Listed at $825,000 for a total of $1,800,000 for both). Here is an opportunity to developan 11 units apartment building or use the restaurant/retail or office building that is currently located in a highlydesired area of Pasadena/Altadena. The property is located in LA County per city planners. Currently there are multiple business including an art framing shop, an office and a restaurant. Property does have an alley in theback. Buyers to verify with the city as to what can be built. Great access to transportation. Property has beenextended with an office and a patio area of over 600sf not included in the SF of the property. SELLER FINANCING MAY BEAVAILABLE WITH 30% DOWN PAYMENT AT 6.5% INTEREST ONLY FOR UP TO 3 YRS.

Beds:
n/a
Baths:
Sq.Ft.:
6,617
Status:
Active
MLS#:
AR23100942
Type:
Multi-Family, Business Opportunities
Lot size:
0.7 Acres
Listing Agent: Jenny Ma CalDRE: 01882851 - Sunny Realty Group, Inc., 626-241-2681 Jenny Ma CalDRE: 01882851
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Welcome to Cal Garden - Year of 2019, a Newly Built Gated Condos in the beautiful city of Arcadia. Investment include: Four Unit Condos, each unit has 3 bed room 2.5 bath 2 attached garage parking. also, units are all individual ownership which can be sold separately if needed. Good source of cash flow, Annual Gross Income is around $185,000,00. Less expense since its newer built. Long term tenants because of Arcadia School District. Its very convenience to park, super market, and mins driving to Arcadia Mall. Alot Potentials for long term investment opportunity.

Beds:
n/a
Baths:
Sq.Ft.:
4,061
Status:
Active
MLS#:
WS23198898
Type:
Multi-Family, Business Opportunities
Lot size:
0.26 Acres
Year built:
1955
Listing Agent: STEVE HANG CalDRE: 01260352 - COLDWELL BANKER DYNASTY/ARC, 626 688 3731 STEVE HANG CalDRE: 01260352
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We are pleased to present for sale a Six unit multi-family investment located in the most desirable location of the city of Monrovia, property sitting on a large lot of approximately 11,151 square feet. It is within a short distance to downtown Monrovia, Foothill Blvd, Major Supermarket, schools, etc. A New roof was installed in 2017. The highly desirable single-story property consists of a mixture of 1 x 2 Bedroom + 2 Bathroom unit with its own laundry hook-up and one split mini air condition. 5 x 1 Bedroom + 1 Bathroom units. Most units have been renovated with laminate wood floorings, newer screen doors and newer bathroom vanity. All units are on separate electrical and gas meters including the common area. Rental Upside Potential. On-Site Coin-op Laundry Room for added income. Separate water heaters for each unit. 1 car carport offered to each unit.

Beds:
n/a
Baths:
Sq.Ft.:
6,448
Status:
Active
MLS#:
24372081
Type:
Business Opportunities
Lot size:
0.2 Acres
Year built:
1979
Listing Agent: Mark Ventre CalDRE: 01811490 - Kidder Mathews of California, Inc. Mark Ventre CalDRE: 01811490
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113 N Grand Oaks Ave, built in 1979, features well-maintained two-bedroom units with modern amenities, including central air conditioning and covered parking, offering a 44% potential rental income increase. Property can be purchased individually or as a portfolio with 174 N Mar Vista Ave, Pasadena (12 units) and/or 151 N Wilson Ave, Pasadena (10 units).

Beds:
n/a
Baths:
Sq.Ft.:
3,410
Status:
Active
MLS#:
TR24067755
Type:
Multi-Family, Business Opportunities
Lot size:
0.26 Acres
Year built:
1956
Listing Agent: Willow Liu Weil CalDRE: 01988530 - Universal Elite Inc., 6263213660 Willow Liu Weil CalDRE: 01988530
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A great opportunity to acquire the 5 units multi-family property 63 & 65 S Roosevelt Ave. in Lamanda Park neighborhood of the highly desirable city of Pasadena. 5 mins walk to Pasadena Plaza, including Vons, US bank, UPS store, restaurants and coffee shops. 3 mins drive to California Institute of Technology and Pasadena City College, and also within minutes to Old Pasadena.With a great unit mix of one 3 bed / 2 bath house with private fenced yard and four 1 bed / 1 bath units, this 100% fully leased turn-key property offers a total 3,410sqft building on a 11,437sqft lot. 63 & 65 Roosevelt Ave is a very attractive single-story apartment that was built in 1956, which is a prime Pasadena income-producing property and a great value-add opportunity for a short or long-term investment. Significant Potential for Rental Upside by converting it to two stories apartment building with 12+ units (most of the neighbors are two stories). The front house (65 S Roosevelt) is a 3 bedroom 2 bathroom single family style house with approximately 1,650sqft in size. The house has its own large private yard with mature landscaping and secured gate. The back property (63 S Roosevelt) is a four-unit apartment. All units are comprised of wall air conditioning and heating, laminate flooring, spacious kitchens with gas oven/stove combinations, in-unit laundry, individually metered gas and electricity and surface parking with ample street parking. All 5 units are currently occupied (100% occupancy) with potential upside for extra cash flow in the future.

Beds:
n/a
Baths:
Sq.Ft.:
4,180
Status:
Active
MLS#:
AR24041719
Type:
Retail, Business Opportunities
Lot size:
0.17 Acres
Year built:
1928
Listing Agent: Jeannette Zhang CalDRE: 01851681 - VasTree Real Estate, 626-616-9123 Jeannette Zhang CalDRE: 01851681
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Subject property is a freestanding building featuring two separate units totaling 4,180 square foot situated in Monrovia on high-traffic retail street and surrounded by national tenants. Building has two separate units for various uses such as the current retail and high-end office with highly coveted Myrtle Avenue street frontage. Both units have front & back entrance and all utilities are separately metered. Suite 218 is leased to a franchise pet shop at $3.62/Sq.Ft. per Month. Ideal hedge against inflation with Annual 5% Rent Increases. Suite 220 features high ceilings, professional receptionist counter and entry area, meeting room, large conference room with skylight, huge sales floor, two private executive offices, kitchen, storage room, and bathroom. Private parking in the back and plenty of City parking areas. Building is earthquake retrofitted. Truly a gem for owner-occupied investment property. Occupy one unit & collect immediate passive income from the other unit. High density area with shortage of developable land in this region. Building is located next to Bank of America, across from Citibank, and a high-traffic shopping plaza anchored by Vons Pavilions. The City hosts a variety of events all year round including the weekly street fair every Friday that attracts many residents and even attendees from other towns.

Beds:
n/a
Baths:
Sq.Ft.:
7,300
Status:
Active
MLS#:
WS23208987
Type:
Retail, Business Opportunities
Lot size:
0.19 Acres
Year built:
1908
Listing Agent: JUNICHI ARAKI CalDRE: 01025654 - MASTERS REALTY, 626-512-3767 JUNICHI ARAKI CalDRE: 01025654
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Hard to find commercial stores in the popular old town Monrovia. 1) 113 E Olive Ave 1224 sqft2) 115-117 E Olive Ave 2720 sqft3) 119 E Olive Ave 1224 sqft4) 121 E Olive Ave 1224 sqft.Well maintained with long term tenants

Beds:
n/a
Baths:
Sq.Ft.:
1,655
Status:
Active
MLS#:
AR24055251
Type:
Industrial, Business Opportunities
Lot size:
2.98 Acres
Year built:
1982
Listing Agent: Linda Vidov CalDRE: 01715788 - Top Commercial Realty, Inc, 626-399-3715 Linda Vidov CalDRE: 01715788
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Industrial/flex condo for sale in Hamby Park. This condo has approximately 1,655 SF with 400 SF of office space and an approximate 600 SF mezzanine area. This unit is in excellent condition with insulated ceilings, 16-foot clear height, one 12'x12' grade level door, and racking throughout (possible to include in the purchase). Direct access to the 210 freeway. Located adjacent to the light rail station for easy access for employees to ride the train to work. The association installed a new roof just a few years ago. Well maintained, quiet business park.

Beds:
n/a
Baths:
Sq.Ft.:
4,228
Status:
Active
MLS#:
DW20098445
Type:
Multi-Family, Business Opportunities
Lot size:
0.26 Acres
Year built:
1959
Listing Agent: Veva Gonzalez CalDRE: 01350526 - ReMax Sky, 213-804-5833 Veva Gonzalez CalDRE: 01350526
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BACK ON THE MARKET ******A TRULY UNIQUE AND EXCITING OPPORTUNITY FOR INVESTORS in a fantastic location in Pasadena. The unit mix consists of (1) 4 bedroom/ 2-bathroom, (1) 2-bedroom/1- bathroom, (4) 1- bedroom/ 1-bathroom, and (1) studio. The 4-bedroom and 2-bedroom units contain central A/C & heating with wall A/C and furnace in the others. Great curb appeal. Great. Units are in good condition. The lot size, at 11,414 SF is HUGE, with individual garage spaces, carport parking and plenty of open pavement for additional parking. Street parking without permits is allowed as well!. Laundry machines are owned by landlord, not rented, and will transfer to the new owners for additional income. The location is convenient and accessible with instantaneous freeway access, close to Old Town and and the fun Pasadena sports. The school district and amenities make this a highly desirable and in-demand rental community

Beds:
n/a
Baths:
Sq.Ft.:
4,228
Status:
Active
MLS#:
MB24032711
Type:
Multi-Family, Business Opportunities
Lot size:
0.26 Acres
Year built:
1959
Listing Agent: ALEXANDRA PARRA RIVERA CalDRE: 01763911 - CENTURY 21 REALTY MASTERS, 323-482-0705 ALEXANDRA PARRA RIVERA CalDRE: 01763911
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Welcome to this exceptional 7-unit property nestled in the beautiful city of Pasadena! Located conveniently close to Pasadena City College, the 210 freeway, shops, and restaurants, this property offers an unparalleled opportunity for both investors and residents alike.The property features a diverse mix of units, catering to various needs and preferences. The main building comprises a spacious 4-bedroom, 2-bathroom, and studio unit, perfect for an investor looking to maximize his profits. In the second building, you'll find four charming apartments, each unit 1 bedroom and 1 bathroom. One of the units will be delivered vacant, presenting an excellent opportunity for immediate rental at market rents, maximizing potential income for the new owner.The property's proximity to Pasadena City College makes it an attractive option for students and faculty seeking convenient housing options. The nearby 210 freeway offers easy access to surrounding areas, making commuting a breeze. Surrounded by shops, restaurants, and amenities, residents will enjoy the vibrant lifestyle that Pasadena has to offer. Whether it's exploring the local dining scene, shopping at nearby boutiques, or enjoying outdoor activities in one of Pasadena's beautiful parks, there's something for everyone to enjoy in this charming city.Don't miss out on the chance to own this unique 7-unit property in the heart of Pasadena. With its prime location, diverse unit mix, and income potential, it's an investment opportunity that won't last long. Schedule a viewing today and discover the endless possibilities of this remarkable property!

Beds:
n/a
Baths:
Sq.Ft.:
1,712
Status:
Active
MLS#:
SR23217679
Type:
Retail, Business Opportunities
Lot size:
0.04 Acres
Year built:
1928
Listing Agent: Linda Ojeda CalDRE: 01240974 - JohnHart Real Estate, 818-442-7504 Linda Ojeda CalDRE: 01240974
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Exceptional retail/office space now available in the vibrant heart of Temple City! This remarkable two-story location is an ideal setting for establishing your office or retail venture. As you enter the space, the first floor welcomes visitors with stylish tile floors and a stunning reception desk. Moving along the hallway, you'll discover multiple private offices, a well-appointed restroom, and convenient access to the rear parking lot. The second level offers a versatile open space loft, brimming with possibilities. Positioned on a bustling street, amidst a multitude of shops and restaurants, and mere minutes away from major freeway access, this location offers unparalleled convenience and visibility. Don't miss out on this incredible opportunity to create a thriving business in Temple City's prime location!

Beds:
n/a
Baths:
Sq.Ft.:
5,586
Status:
Active
MLS#:
SB22156858
Type:
Mixed Use
Lot size:
0.17 Acres
Year built:
1925
Listing Agent: Mark Ehlers CalDRE: 01955008 - Imperial Real Estate, [email protected] Mark Ehlers CalDRE: 01955008
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Rare opportunity for an owner-user in the auto repair business to acquire an existing auto repair mixed-use building with an apartment above the shop. Advance Muffler and Auto Repair business equipment and license also available for sale. SBA or conventional financing available.

Beds:
n/a
Baths:
Sq.Ft.:
2,551
Status:
Active
MLS#:
V1-19954
Type:
Office, Business Opportunities
Lot size:
5,553 Acres
Year built:
1955
Listing Agent: Gary Chefetz CalDRE: 02177772 - Fathom Realty Group, Inc., [email protected] Gary Chefetz CalDRE: 02177772
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Beautifully remodeled office building so nice you'll want to live here. Perfect for any professional organization looking for swanky digs, or an investor to maximize cashflow with eight rentable spaces with lavish shared facilities including outdoor respite areas.A hidden gem fully ADA compliant, with private parking. Two blocks from Colorado, One block off the 210 and light rail.No rental history since remodel

Beds:
n/a
Baths:
Sq.Ft.:
5,884
Status:
Active
MLS#:
24378351
Type:
Business Opportunities
Lot size:
0.24 Acres
Year built:
1920
Listing Agent: Mark Ventre CalDRE: 01811490 - Kidder Mathews of California, Inc. Mark Ventre CalDRE: 01811490
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151 N Wilson Ave is a charming 1920's vintage building with a mix of one and two-bedroom layouts. Only several of the units are renovated, offering a 33% potential increase in rental income after renovations. The Property benefits from a prime Playhouse District location, attractive unit mix, low vacancy rate and convenient amenities, making it an ideal investment in this vibrant neighborhood. CAN BE PURCHASED ALONG WITH 113 N GRAND OAKS AVE, PASADENA AND/OR 174 N MAR VISTA AVE, PASADENA.

Beds:
n/a
Baths:
Sq.Ft.:
2,146
Status:
Active
MLS#:
IV24045486
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1947
Listing Agent: ALLAN FERNANDO CalDRE: 02144049 - APA Homes, 626-688-5476 ALLAN FERNANDO CalDRE: 02144049
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Welcome to a piece of local history! This majestic church building, constructed in 1947, stands as a testament to exquisite craftsmanship and timeless architectural beauty. Located in the heart of Monrovia, this property offers a rare opportunity for those seeking a unique investment or redevelopment project. Situated in a vibrant neighborhood, the church enjoys convenient access to public amenities, public transportation, schools, parks, etc., enhancing its appeal to prospective buyers. Whether you're a church planter or an investor with a vision for restoration, a developer seeking a unique project, or a community group looking to preserve a piece of history, this property offers an exceptional opportunity. Bring your creativity and passion to transform this iconic building into a cherished asset for generations to come. Buyer agent to perform due diligence. More pictures and description to come....Take advantage of this rare opportunity. Don't miss the chance to own a piece of local history while reaping the rewards of a strategic investment in one of Monrovias most sought-after neighborhoods.

Beds:
n/a
Baths:
Sq.Ft.:
1,941
Status:
Active
MLS#:
SB24050561
Type:
Business Opportunities
Lot size:
0.19 Acres
Year built:
1923
Listing Agent: Josh Ess CalDRE: 02035659 - Buckingham Investments, Inc, 310-867-1183 Josh Ess CalDRE: 02035659
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This large, 1941 sqft medical building previously served as a dentist's office and is now the Altadena Boys and Girls Academy. The layout lendsitself to configuring the space into ~10 offices/patient rooms, with a large lobby/intake area in the middle of the building. There is a large ~3200sqft paved lot behind the building accessible via the driveway to the South of the structure. Leasing to a NNN Medical tenant would commandsignificantly higher rents and dramatically lower the expenses, resulting in a 6.5-7% Cap property. The property is available alone, or togetherwith the adjacent house (zoned commercial) at 2159 Lake Ave. in listing SB23095443. Seller financing will be considered with qualified offers. The garages are part of the neighboring property and will not be included with the sale of 2151 Lake.

Beds:
n/a
Baths:
Sq.Ft.:
2,181
Status:
Active
MLS#:
24378963
Type:
Mixed Use, Business Opportunities
Lot size:
0.1 Acres
Year built:
1983
Listing Agent: Martin Watkins CalDRE: 01249364 - Watkins Realty & Investments Martin Watkins CalDRE: 01249364
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This Amazing Office/ Residential property is strategically located in the Old Town/ Downtown Pasadena Area blocks to Pasadena City Hall and Civic Center but also bordering several Residential Streets. The Property is a 2 Story Gated Office Building with over 1,000 square feet on each Level (seperate entrances) with the 2nd Floor suite being Fully renovated with 5 individual offices/ rooms 2 bathrooms and a Full Kitchen. the Lower Unit is set Up for a Full Service Office with a large Lobby/ reception area, 3 Offices or suites , One kitchen and. a Lobby waiting area. In addition there are 6 parking spaces and a Large 2 Car Garage. which could be converted to ADU or Demolished for additional parking. Also the Seller has City of Pasadena APPROVED PLANS to build. an additional Rooftop Level with Sub level Parking.

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