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900 Fair Oaks Ave 0.62 Acres of Commercial Land in South Pasadena, CA 91030
Investment Highlights
- Pricing Guidance of $7,200,000
- New Zoning Implemented in 2023 that Encourages Development and Density
- Generational Opportunity to Develop in a Supply Constrained Market
- Strategic Location – Critical for Parking in the Neighborhood
- Extremely Affluent Neighborhood - Avg. Household Income $131,462 & Median Home Value $1,012,968
- Convenient Freeway 110 Access via Fair Oaks Ave (±0.20 Miles)
Executive Summary
900 Fair Oaks Avenue presents a rare generational opportunity to acquire a prime property in the heart of South Pasadena’s highly desirable commercial corridor. Situated on a ±26,837-square-foot parcel with approximately 75 on-site parking spaces, this property offers exceptional flexibility for redevelopment or adaptive reuse under the recently implemented Downtown Specific Plan (DTSP) Mixed-Use Core Zone. The new zoning encourages higher density and mixed-use development, making this an ideal site for retail, office, or residential projects in a supply-constrained market. The property’s strategic location at the intersection of Fair Oaks Avenue and Mission Street provides unparalleled visibility and accessibility, with convenient access to the 110 Freeway just 0.2 miles away. South Pasadena is an affluent community with an average household income of $131,462 and a median home value exceeding $1 million, ensuring strong consumer demand and long-term value stability. The surrounding area features a vibrant mix of national retailers, local boutiques, and popular dining destinations, creating a dynamic environment for both businesses and residents. This offering represents a unique chance to secure a well-located asset in one of Southern California’s most coveted neighborhoods, with significant upside potential through redevelopment or repositioning.
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.62 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Commercial | ||
| Zoning | DTSP - Downtown Specific Plan (DTSP) Mixed-Use Core Zone | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.62 AC |
| No. Stories | 1 |
| Zoning | DTSP - Downtown Specific Plan (DTSP) Mixed-Use Core Zone |
1 Lot Available
Lot
| Lot Size | 0.62 AC |
| Lot Size | 0.62 AC |
1 1
Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (72)
Property Taxes
| Parcel Number | 5318-015-036 | Improvements Assessment | $4,699,358 |
| Land Assessment | $3,064,572 | Total Assessment | $7,763,930 |
Property Taxes
Parcel Number
5318-015-036
Land Assessment
$3,064,572
Improvements Assessment
$4,699,358
Total Assessment
$7,763,930
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900 Fair Oaks Ave
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