Pasadena, CA Property For Sale and Lease

3rd floor office space. Consists of brick walls, numerous large windows, exceptional light, and exposed ceilings/ducting.

100% leased. No current availability.

Turn-key lab space with equipment. Negotiable sublease term.

Medical office suite available.

An owner-user or investment offering that delivers an amazing opportunity to acquire a stunning creative office campus in the heart of Pasadena. The campus is idea for a creative office or entertainment user with its remarkable design, considerable technological infrastructure, creative floor plans, and spectacular rooftop patios.

Multi-family property available. Easy to manage and maintain w/excellent curb appeal and large lot. Features two 2-bed/1-bath, seven 1-bed/1-bath, and two studio units. Four units have been upgraded with modern upgrades: new kitchen, new bathroom, new flooring, LED lighting, etc.

Office suite for lease. https://www.2nlakeave.com/

The property consists of 2 buildings, a fourplex built in 1925, and a triplex in the back which may have newer year built. It is situated on a large ±11,411 SF lot size – it has medium density zoning of RM-32. It has a good curb appeal with lush landscaping in the front. It offers an efficient unit mix with six (6) x 1bedroom+1bathroom, and 1 x Studio units. Two of the 1bedroom units are vacant, non-upgraded, and will be delivered as-is ready to be upgraded by new owner. Each unit is individually metered for electricity and gas, and the property has a shared laundry room (seller’s own machines). Parking is provided by 3 car garages, 2 carport spaces, and 2 open spaces.

425 N Raymond is an attractive two-and-a-half story garden style apartment built in 1947. ISituated on a ±9,902 SF lot size. It has excellent curb appeal with a large parking area in the front. It offers an attractive unit mix of two (2) x 2 bed & 1 bath, 1 x penthouse 1 bed & 1 bath, and four (4) x 1bed+1bath units. The penthouse unit occupies the entire 3rd floor and sizable enough to be easily converted into a 2-bedroom penthouse. Each unit has a good layout with ample space to add its own laundry hookups. Two of the 2nd floor units have private balcony, and the penthouse has private balcony with views. Several units have large bedrooms and/or kitchens, and some units have had some upgrades which include updated vinyl wood plank/flooring. All units have smooth ceilings. The property is separately metered for electricity and gas and serviced by a master water heater. Parking is provided by an open space parking in front. There is an existing laundry hookup near the master water heater.

5,500 SF Warehouse (Approx 50x100)

30’ Ceilings and A Large Ground Level Loading Door

3,000 SF of Ground Floor Showroom

5,500 SF of 2nd Floor Office Space

Subterranean / Gated Parking

3 offices, open floor space, 1 restroom.

Growth Investment Group California is proud to offer 435 N Wilson Ave, a turnkey and beautifully upgraded 16 units apartment within walking distance to Pasadena Playhouse and South Lake Ave District in the highly desirable City of Pasadena. Situated in the heart of Pasadena, just steps away from the vibrant Old Town, this property benefits from an enviable location that attracts a diverse range of tenants. Situated on an oversized high-density lot, the property offer an investor the rare opportunity to own a turnkey apartment with future development opportunity in an extremely good location in Pasadena.

The property has been completely renovated with permits (between 2022-2023 – buyer to verify). It was built in 1960 and consists of 1 single-story building and 1 two-story building. It is situated on an oversized ±17,367sf High Density R4 Lot. This high-density lot provides a clear opportunity for Additional Dwelling Units or future redevelopment opportunity (buyer to verify). The single-story building consists of 6 units. The first unit has a fireplace. The 2-story building consists of the remaining 10 units. Each unit has a sizable private patio or balcony.

Top-to-bottom renovations were completed recently on the property, which includes brand new drought tolerant landscaping with center garden area, new building façade, signage and exterior paint, new parking gate and repainted railings, new unit patio fences, new exterior lighting, very well-maintained roof, new dual pane windows throughout and much more.

PROPERTY HIGHLIGHTS

• Highly desirable layout, park-like settings by foothill area of San Gabriel Mountains

• Expansive combined lots size of ±37,413 SF

• ALL units are single-story bungalows: combination of Single-family Houses and Duplexes

• 3 properties totaling 26 units: NO ON-SITE MANAGER IS REQUIRED!

• Large Lots allowing 4 Additional Dwelling Units (ADUs – BUYER TO VERIFY)

• Turnkey Solution: Sierra Bonita Bungalows offers a hassle-free investment opportunity with fully upgraded apartments, allowing investors to generate income immediately after acquisition.

• Highly desirable unit mix for young professionals or small family

• Completely renovated in 2022-2023 with excellent amenities: fenced units, electronic RFI unit locks, fully upgraded unit (with permits), private front yard/patio, manicured landscaping, etc.

• Luxury upgrades in each unit complete with new flooring, in-unit laundry, new kitchen, and new bathroom

• Top-down renovations have been completed including exterior upgrades: new exterior paints, new fences, new signs, new landscaping and so much more!

• Separately metered for electricity and gas, no soft story retrofit is required.

• Ample parking: 30 spaces spread out between private garage, attached carports, detached carports, and attached garages. All single-story buildings, NO Parking Soft-story retrofit is required (buyer to verify)

Growth Investment Group California as the exclusive listing agent is proud to offer The Raymond Villa, a 50-unit true value-add garden style apartment investment opportunity located in the highly desirable City of Pasadena, CA. This offering provides an extremely rare opportunity for investors to acquire a true value add building this size in a good location that is close to almost all amenities City of Pasadena has to offer. The property is within walking distance (±1mile) to Rose Bowl Area and Old Town Pasadena, and situated on a quiet tree-lined street on Raymond Ave and Painter St. This investment offers an ASSUMABLE LOAN with ±50.8% Loan-To-Value (LTV) at very low 2.9% interest rates fixed until October 2026 and due in 28 years (October 2051). Just by assuming the current loan and operating the building as-is, the new owner could realize a stable ±5% cash-on-cash return on year-1 and a whopping ±9.66% return stabilized at proforma/market rent (Buyer to Verify). The combination of this excellent assumable loan, great location, and its true value-add potential made this offering an excellent investment for a savvy investor.

The Raymond Villa is an attractive two-story garden style community that was built in 1964 with ±36,228 SF building size and situated on a large ±51,227 SF / ±1.18-acre lot size. It has excellent curb appeal with mature trees in the front and a secured entrance and gated parking. Walking into the courtyard area, tenants will enjoy a fenced swimming pool, and multiple large and manicured garden planters and courtyard area that can be re-utilized as barbeque area, dog walking area, kids’ play area and other amenities.

The Raymond Villa offers an excellent unit mix of 30 x 2bedroom+1bathroom, and 20 x 1bedroom+1bathroom units. Each unit is large and bright with an excellent layout and a private patio/balcony. Each unit is separately metered for electricity (ALL ELECTRIC building). Each unit has windows A/C, wall heating, ceiling fans, mirrored closets, and plenty of linen cabinets. ±26 units have had some kind of upgrades which may include new kitchen (new cabinets + quartz/granite countertops), and/or new bathroom (new tiled bathroom/shower, new bathroom vanity, and hardware).

Free Standing Building

Prime Pasadena Location

±1,500 SF Office Area

Sprinklered

Secured Parking Lot (25 Spaces) & Loading Area

400 Amp, 277/480V, 1 P 3+ Wire Power

Growth Investment Group California is proud to offer 405 N Euclid Ave, a value-add 3-units apartment community in the City of Pasadena. The property is a 2-story bungalow with American Craftsman architectural style that has a lot of character. The property offers strategic location nearby Old Town Pasadena, and Rose Bowl. 1 unit is in eviction process and may be delivered vacant. This offering provides an excellent opportunity for first-time apartment investor or even an owner-user to put their personal touch in a building w/ character and add value in the process. The sale includes an approved plan to convert the parking garages into 2 ADUs.

Zero vacancy w/ master lease + property tax reimbursement to tenants! Growth Investment Group California is proud to offer 265 N Oakland Ave, a turnkey, fully upgraded (with permits), and ZERO VACANCY 19 units luxury apartment in the City of Pasadena. The property is located within the Pasadena Playhouse District, south of 210 Freeway and just within walking distance to Old Town Pasadena area (Walk Score 90 and Bike Score 85). The property offers an investor the rare opportunity to own an excellent income property in one of the most coveted submarkets in the San Gabriel Valley. This offering provides a Recession Proof, ZERO VACANCY apartment opportunity secured by a master lease with a local Christian College based in Pasadena. This Master Lease structure bypasses the new Pasadena Rent Control (Measure H), and the property enjoys Property Tax Exemption/Reimbursement for the current tenant. The master lease commenced in June 2019 and has just been renewed with a 3-year terms until June 2026, with three x 1-year option that runs until June 2029. The sale includes a Zoning Analysis Report showing a possibility to add Two (2) ADUs (each ±800SF - Buyer to verify).

The property, which has been completely renovated in 2018-2019 with permits, was built in 1962 is a two-story garden style apartment with an attractive center courtyard and an excellent curb appeal. It offers a superb unit mix of four (4) large 2-bedroom+2-bathroom, and fifteen (15) 1-bedroom+1-bathroom units. Each unit is complete with an in-unit laundry and private patio. It is separately metered for gas and electric, is serviced by new central water heaters. Units are spacious and offer an in-unit combo washer/dryer, stove, dishwasher, garbage disposal, ample closet and storage space, ceiling fans, and new mini-split HVAC systems for heating and cooling. It has 19 parking spaces in the back. The soft-story parking area has been seismically retrofitted.

Growth Investment Group California is proud to offer 411-417 N Euclid Ave, a turnkey/fully upgraded 10 units apartment community in the City of Pasadena. Offered at a HIGH CAP Rate close to 5%, the property is unique due to its single-story style layouts and its proximity to Old Town Pasadena, and Rose Bowl. The properties offer an investor the rare opportunity to own a high cash flowing apartment property in an extremely convenient location in Pasadena. This turn-key condition, combined with higher cap rate (compared to other properties in this area) offer investors attractive investment vehicle to combat raging inflation.

The property has been completely renovated with permits, and offers an efficient mix of nine 1bedroom, and one studio units. The community is gated and has secured entrance with shared driveway with the property next door which is also for sale by the same owner (405 N Euclid – 3 units + Approved plan for ADU units). The property was built in 1950 and has been completely renovated with permits in 2022-2023. It consists of 3 single-story buildings and situated on a large ±11,627sf R3 lot.

Reception, 5 offices, conference room, admin open space, and private restroom.

100% leased. No current availability.

Freestanding medical opportunity. Opportunity to lease its own self-contained campus with newly designed and constructed exterior and interior improvements.

100% leased. No current availability.

Prime headquarters opportunity: Office space in the heart of Pasadena. Single or multi-tenant. 12'6-14' ceiling heights. Existing backup generator (1,000 kw). Rear yard for equipment & loading. Dedicated large freight elevator +2 passenger elevators. 4,000 amps of power. 250 tons of cooling capacity, 100% outside air.

Third floor office space. Clean shell condition.

Third floor office space. Reception/open work area, 2 private offices, storage, fully carpeted with brick accent walls.

Part of the Pasdena/Greentree Inn, two retail/restaurant spaces have become available for lease.

First floor creative office space.

Nine offices, conference room, reception area and storage room.

Second floor creative office space.

8th floor office space.