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Investment Highlights

  • Three Contiguous Parcels Offered As A Single Development Opportunity.
  • Walking Distance To Heritage Square/Arroyo Metro Station Supporting Transit-Oriented Development Potential.
  • Convenient Access To Union Station, Interstate 5, State Route 110, And Regional Transportation Infrastructure.
  • Located At The Intersection Of Pasadena Avenue And North Figueroa Street Within The Mount Washington Corridor.
  • Prominent Visibility Along A Well-Traveled Urban Corridor Connecting Northeast Los Angeles And Downtown Los Angeles.
  • Zoning And Transit-Oriented Community Characteristics Support Residential And Mixed-Use Redevelopment Potential, Subject To Approvals.

Executive Summary

The offering presents a rare opportunity to acquire a large, transit oriented infill development site located at the intersection of Pasadena Avenue and North Figueroa Street in the Los Angeles (Mount Washington corridor). The site comprises three contiguous parcels totaling approximately 37,575 SF, with potential expansion to approximately 47,208 SF (subject to merger and subdivision). The property is positioned within walking distance of Heritage Square / Arroyo Station, qualifying for Tier-3 Transit-Oriented Community (TOC) incentives and enhanced density benefits.
Brokers make no representations or warranties as to the accuracy of the information provided; all materials are for informational purposes only, and prospective buyers must conduct their own independent investigations and due diligence regarding all aspects of the property.

Property Facts

Price $6,000,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Loft or Creative Space
  • Restaurant
Total Lot Size 0.86 AC
No. Stories 1
Zoning [T][Q]RAS3-1VL Tier 3 - Residential/Accessory R3 uses, Limited ground floor commercial

1 Lot Available

Lot 3

Price $6,000,000
Price Per AC $6,955,876.56
Lot Size 0.86 AC

Three parcels that must be sold together.

Description

3810-3836 Pasadena Avenue consists of three contiguous parcels totaling approximately 37,575 square feet (0.86 acres). The property is located at the intersection of Pasadena Avenue and North Figueroa Street in Los Angeles. The site is marketed for sale as a residential development land opportunity and is within walking distance of the Heritage Square/Arroyo Metro station. The property is identified with APNs 5451-005-001, 5451-005-016, and 5451-005-017 and is zoned [T][Q]RAS3-1VL Tier 3. Contextual transportation features include access to Metro rail service, Union Station, Interstate 5, and regional transportation infrastructure.

Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5451-005-001
  • 5451-005-017
  • 5451-005-016
Land Assessment
$3,975,113
Improvements Assessment
$682,694
Total Assessment
$4,657,807
  • Listing ID: 39876750

  • Date on Market: 3/23/2026

  • Last Updated:

  • Address: 3810-3836 Pasadena Ave, Los Angeles, CA 90031

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