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444 N Fair Oaks Ave - 1.86 Acre Development Site 1.86 Acres of Commercial Land in Pasadena, CA 91103

Commercial Land Properties California Pasadena 444 N Fair Oaks Ave, Pasadena, CA 91103

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INVESTMENT HIGHLIGHTS

  • 243 +/- Residential Units
  • Walkable Location
  • Excellent Transit Access
  • Additional Income Potential (Cell Tower Leases With National Carriers)

EXECUTIVE SUMMARY

Ideally located near Old Town Pasadena and the Rose Bowl, 444 N Fair Oaks Ave. is a ±1.86-acre infill development opportunity at a high-visibility, signalized corner. The site offers walkable access to the Metro Gold Line, dining, shopping, and cultural landmarks. Zoned for Medium Mixed-Use with a base FAR of 2.25, the property allows for up to ±243 units through the State Density Bonus Program. Optional cell tower leases offer interim income. With strong demand for new housing and proximity to major employment, transit, and lifestyle amenities, this property is well-suited for high-density residential or mixed-use development in a supply-constrained market.

PROPERTY FACTS

Sale Type Investment Property Subtype Commercial
Sale Condition Redevelopment Project Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Hold For Development
  • Single Family Development
No. Lots 1 Total Lot Size 1.86 AC
Property Type Land
Zoning FGSSP-C-3B - General Plan - Medium Mixed-Use (2.25 FAR, 87 DU/Acre). Specific Plan - Fair Oaks-Orange Grove (32 DU/Acre, 40 Max Height). Proposed Zone: FGSP-MU-87.
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Hold For Development
  • Single Family Development
Total Lot Size 1.86 AC
Zoning FGSSP-C-3B - General Plan - Medium Mixed-Use (2.25 FAR, 87 DU/Acre). Specific Plan - Fair Oaks-Orange Grove (32 DU/Acre, 40 Max Height). Proposed Zone: FGSP-MU-87.

1 LOT AVAILABLE

Lot

Lot Size 1.86 AC
Lot Size 1.86 AC

444 N Fair Oaks Ave. is a ±1.86-acre Pasadena infill site near Old Town and the Rose Bowl. With zoning allowing up to ±243 units via the Density Bonus Program, and walkable access to transit and retail, it’s development-ready.

DESCRIPTION

444 N Fair Oaks Ave. is a high-profile development site located in the heart of Pasadena, one of Southern California’s most dynamic and architecturally rich cities. Spanning approximately ±1.86 acres at a signalized intersection, the property offers exceptional visibility and accessibility. It is positioned within walking distance of Old Town Pasadena, the Memorial Park Metro Station, and a wide range of shopping, dining, and cultural destinations. Zoned under the Fair Oaks/Orange Grove Specific Plan with a Medium Mixed-Use designation, the site supports significant residential density—making it an ideal candidate for a high-density residential or mixed-use project.

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444 N Fair Oaks Ave, Pasadena, CA - AERIAL map view - Image1
444 N Fair Oaks Ave, Pasadena, CA - AERIAL map view - Image2
Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 5725-003-058 Improvements Assessment $469,785 CAD
Land Assessment $3,302,781 CAD Total Assessment $3,772,566 CAD

PROPERTY TAXES

Parcel Number
5725-003-058
Land Assessment
$3,302,781 CAD
Improvements Assessment
$469,785 CAD
Total Assessment
$3,772,566 CAD

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 36130158

  • Date on Market: 2025-06-05

  • Last Updated:

  • Address: 444 N Fair Oaks Ave, Pasadena, CA 91103

The Villa Parke Land Property at 444 N Fair Oaks Ave, Pasadena, CA 91103 is currently available. Contact CBRE for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

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444 N Fair Oaks Ave - 1.86 Acre Development Site

444 N Fair Oaks Ave - 1.86 Acre Development Site

Kevin Nolen

Jason Kimmel
(858) 546-5414

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