1104-1106 Mission St - Office/Residential FOR SALE


Pasadena, CA 91030
$4,495,000 USD
626-808-5817
1104-1106 Mission St, Pasadena, CA for Sale
$4,495,000 USD
Office/Residential - FOR SALE
1/84
null | Request Cap Rate

1104-1106 Mission St
Pasadena, CA 91030


HIGHLIGHTS

  • Private Driveway / 5 Car Garage
  • Private Elevator Exterior Access
  • High End Finishes
  • 360 degree balconies

OVERVIEW

This property is a live - work dream ideal for an owner - user. A stunning 1450sf Modern Japanese style studio apartment with 360 degree balconies and elevator access is a sanctuary unmatched in the city of South Pasadena. Featuring bamboo flooring throughout, two bathrooms, a huge closet and an open floor plan, this studio emanates luxury at every corner. Below this immaculate apartment is an office space with two defined offices (one with a murphy bed), a reception area, a kitchenette, a private driveway, and a 1500sf creative workspace with 15 foot ceilings. Boasting two 400amp electrical meters, 5 roll up garages, polished concrete floors and a fully functioning air compressor system with multiple hookups both inside and out of the workshop, this is the where your dreams will come to life. Mission Street in South Pasadena is growing and expanding from Orange Grove Ave to Fremont Ave and this property is right in the middle of this expansion. With new developments in the works to create more housing, retail, breweries, music venues and restaurants in the immediate vicinity of this property, makes this an incredible long term investment. Measure SP passed allowing buildings in Mission Street's development zone to increase their height limit beyond 45 feet allowing builders more flexibility to expand. This property is two lots each with their own APNs: 5315-009-028 and 5315-009-031. We look forward to showing you this once in a lifetime property.

FOR SALE DETAILS

PRICE

$4,495,000 USD

PRICE/SF

$1,303 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Auto Repair, Storefront Retail/Residential, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,978 SF

ZONING

CM-PSP

APN/PARCEL ID

5315-009-028,5315-009-031

ASK ABOUT THIS PROPERTY

John AdamsonAdamson Property ManagementMore Info
626-808-5817

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John AdamsonAdamson Property ManagementMore Info
626-808-5817

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.