175 N Greenwood Ave
Pasadena, CA 91107
Land For Sale · 0.37 AC

Spread across four contiguous parcels, the subject property encompasses 1.03 acres (44,965 SF)* and offers investors a rare “block-to-block” redevelopment opportunity along a major thoroughfare, Walnut Street. Additionally, the property is currently occupied by four separate businesses all on month-to-month leases, allowing investors to mitigate carrying costs during the entitlement process. Located one block east of the intersection of Walnut Street and Allen Avenue, the subject property allows convenient access to the 210, 134, and 164 freeways, offering manageable commute times to the nearby employment centers of Burbank, Glendale, and Downtown Los Angeles. Additionally, the subject site is ideally located in central Pasadena, with immediate access to boutique shopping, nightlife, and cultural destinations at popular local attractions such as the Pasadena Central Business District, South Lake Shopping District, Old Town Pasadena, East Pasadena, and San Marino.