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815 Fremont Ave - 815 Freemont Lot • Résidentiel • 0,81 Acres • South Pasadena, CA 91030
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Faits saillants de l'investissement
- Fully Entitled with Planning Approval Secured
- 56 Residential Condominiums + Ground-Floor Commercial
- Top-Ranked South Pasadena Unified School District
- Permit-Ready with No Entitlement Risk
- Transit-Oriented Site, 0.3 Miles to Metro A Line (Mission Station)
- Corner Lot with Three-Street Frontage and High Visibility
Résumé de l'annonce
CBRE is pleased to present this exceptional opportunity to acquire 815 Fremont Ave, a fully entitled mixed-use development site positioned on a prominent 0.81-acre corner parcel at Fremont Ave and Mission Street in South Pasadena, California. The Project carries approvals for 56 residential condominium units and 3,034 SF of ground-floor commercial space across a 4-story, 35,469 SF building, with entitlements granted by the City of South Pasadena Planning Division pursuant to the State Density Bonus Law.
This distinguished infill opportunity eliminates the entitlement risk and multi-year approval timeline typical of comparable sites in this submarket, allowing a qualified developer to move directly into the building permit and construction process. South Pasadena is one of the most supply-constrained residential submarkets in the San Gabriel Valley, and the Site benefits from a rare convergence of transit access, top-ranked schools, and an affluent surrounding demographic with a median household income well above Los Angeles County averages. Zoned SPCM within the Downtown Specific Plan, the Property sits just 0.3 miles from the Metro A Line's Mission Station, offering a compelling foundation for a high-quality residential and mixed-use development in one of the region's most desirable communities.
This distinguished infill opportunity eliminates the entitlement risk and multi-year approval timeline typical of comparable sites in this submarket, allowing a qualified developer to move directly into the building permit and construction process. South Pasadena is one of the most supply-constrained residential submarkets in the San Gabriel Valley, and the Site benefits from a rare convergence of transit access, top-ranked schools, and an affluent surrounding demographic with a median household income well above Los Angeles County averages. Zoned SPCM within the Downtown Specific Plan, the Property sits just 0.3 miles from the Metro A Line's Mission Station, offering a compelling foundation for a high-quality residential and mixed-use development in one of the region's most desirable communities.
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
Faits sur la propriété
| Type de vente | Investissement | Sous-type de propriété | Résidentiel |
| Nombre de lots | 1 | Utilisation proposée | Multi-résidentiel |
| Type de propriété | Terrain | Taille totale du lot | 0,81 AC |
| Zonage | DT SP MIXED-USE CORE - COEUR À USAGE MIXTE DT SP Plan spécifique du centre-ville de South Pasadena (« DTSP ») et Code de zonage de South Pasadena. | ||
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Résidentiel |
| Utilisation proposée | Multi-résidentiel |
| Taille totale du lot | 0,81 AC |
| Zonage | DT SP MIXED-USE CORE - COEUR À USAGE MIXTE DT SP Plan spécifique du centre-ville de South Pasadena (« DTSP ») et Code de zonage de South Pasadena. |
1 Lot disponible
Lot
| Taille du lot | 0,81 AC |
| Taille du lot | 0,81 AC |
Description
New Ordinance effective June 13, 2026 Allowing density up to 100-152 du/acre and 65 feet height limit. -56-Unit, 4-Story Mixed-Use Condominium Project -Unit Mix: 24 x 1BD | 22 x 2BD | 10 x 3BD -3,034 SF Ground-Floor Commercial Space -35,469 SF (0.81 AC) Corner Parcel at Fremont Ave, Mission Street, and Hope Street -State Density Bonus Entitlement Approved by City of South Pasadena Planning Division -Concrete Podium with Wood-Frame Residential Above -96-Car On-Site Garage -Brick Facade Designed to Complement Mission Street Commercial Context -8 Inclusionary Units Designated for Affordable Housing
1 1
Exceptionnellement accessible à pied
90/100
Exceptionnellement adapté aux voitures
100/100
Bons transports en commun
60/100
Plutôt accessible en vélo
50/100
Impôts fonciers
| Numéro de lot | 5315-009-051 | Évaluation des bâtiments | 1 538 635 $ CAD |
| Évaluation du terrain | 6 868 352 $ CAD | Évaluation totale | 8 406 987 $ CAD |
Impôts fonciers
Numéro de lot
5315-009-051
Évaluation du terrain
6 868 352 $ CAD
Évaluation des bâtiments
1 538 635 $ CAD
Évaluation totale
8 406 987 $ CAD
Contacts
-
Edward Matevosian -
Jenny Eng -
Tyler Rix -
Khalid Yosufzai -
Anique Clark -
CBRE, Inc.
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Vidéos
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Présenté par
815 Fremont Ave - 815 Freemont
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