630 Mission St - Medical FOR SALE


South Pasadena, CA 91030
$4,499,000 USD
626-665-2649
630 Mission St, South Pasadena, CA for Sale
$4,499,000 USD
Medical - FOR SALE
1/46
null | Request Cap Rate

630 Mission St
South Pasadena, CA 91030


HIGHLIGHTS

  • OWNER USER - INVESTMENT - PRIME DEVELOPMENT
  • Enormous upside potential with aggressive value-add strategies
  • irreplaceable Southern California suburban infill CLASS A location
  • Seller financing available with lower than market rates and very favorable terms

OVERVIEW

Seller financing available with lower than market rates and very favorable terms! Introducing an unparalleled commercial real estate opportunity distinctively situated in a highly desirable section of South Pasadena’s Mission St. Downtown Plan. Comprising a large C3 zoned double lot sprawling across approximately 14,789 SF, this remarkable property features a solidly built, concrete construction commercial building spanning approximately 6,687 SF - 7,300 SF in a highly coveted, large parking lot of 14,789 SF. Currently configured with five versatile suites of various sizes, the commercial building also includes a second-floor 408 SF bonus space with a bathroom. Notably, this strategically placed property boasts an impressive 116 SF of frontage along prime Mission St with zoning and approved uses that offer a buyer many uses and development options. This exceptional property stands as a beacon of local accessibility and regional convenience. With easy, seamless access to the 110 and 210 Freeways, and strategically positioned within a 1/2-mile radius of the Metro Gold Line station, getting to and from this prime location to anywhere in Greater LA, and Southern California generally, is a relative breeze. Its adjacency to an array of local dining and retail establishments elevates its appeal as an investment opportunity. Offering a blend of stability and exceptional value, this acquisition beckons the astute investor seeking prime real estate in an irreplaceable Southern California suburban infill location within a dense, thriving, and affluent community. South Pasadena's esteemed quality of life, renowned schools, and abundant amenities underscore its commercial vibrancy, rendering this property an unparalleled asset in a desirable locale. For more details, please visit: www.630mission.com Key Highlights: - Unparalleled potential for repositioning with high barriers to entry. - Ideal for Owner-User, Prime Investment, or Development Opportunities. - Boasting pride of ownership, this turn-key asset epitomizes excellence. - Immediate value-add potential in a highly sought-after locale. - Boasting exceptional demographics and proximity to renowned schools. - Prominent exposure with over 116 SF of frontage along prime Mission St. - First time offered on the market in over 46 years! - Enormous upside potential with aggressive value-add strategies. - Proximity to desirable amenities and services. - Includes two lots with parcel #5313-006-038 & #5313-006-039. ** Kindly Refrain from Disturbing Tenants. *** AGENT IS RELATED TO ONE OF THE SELLERS

FOR SALE DETAILS

PRICE

$4,499,000 USD

PRICE/SF

$616 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

C3

APN/PARCEL ID

5313-006-038,5313-006-039

ASK ABOUT THIS PROPERTY

Lynette SohlBerkshire Hathaway HomeServices California PropertMore Info
626-665-2649

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Lynette SohlBerkshire Hathaway HomeServices California PropertMore Info
626-665-2649

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