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815 Freemont 815 Fremont Ave Lot | Résidentiel | 0,33 ha | À vendre | South Pasadena, CA 91030
Certaines informations ont été traduites automatiquement.
Informations principales sur 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 analytique
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.
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- Offering Memorandum
Informations sur l’immeuble
| Type de vente | Investissement | Sous-type de bien | Résidentiel |
| Nb de lots | 1 | Usage proposé | Logement |
| Type de bien | Terrain | Surface totale du lot | 0,33 ha |
| Zonage | DT SP MIXED-USE CORE - DT SP MIXED-USE CORE South Pasadena Downtown Specific Plan (“DTSP”) and South Pasadena Zoning Code. | ||
| Type de vente | Investissement |
| Nb de lots | 1 |
| Type de bien | Terrain |
| Sous-type de bien | Résidentiel |
| Usage proposé | Logement |
| Surface totale du lot | 0,33 ha |
| Zonage | DT SP MIXED-USE CORE - DT SP MIXED-USE CORE South Pasadena Downtown Specific Plan (“DTSP”) and South Pasadena Zoning Code. |
1 Lot disponible
Lot
| Surface du lot | 0,33 ha |
| Surface du lot | 0,33 ha |
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 praticable à pied
90/100
Exceptionnellement adapté aux voitures
100/100
Bons transports en commun
60/100
Plutôt praticable en vélo
50/100
Taxes foncières
| Numéro de parcelle | 5315-009-051 | Évaluation des aménagements | 0 € |
| Évaluation du terrain | 6 027 420 € | Évaluation totale | 6 027 420 € |
Taxes foncières
Numéro de parcelle
5315-009-051
Évaluation du terrain
6 027 420 €
Évaluation des aménagements
0 €
Évaluation totale
6 027 420 €
Contacts
-
Edward Matevosian -
Jenny Eng -
Tyler Rix -
Khalid Yosufzai -
Anique Clark -
CBRE, Inc.
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Présenté par
815 Freemont | 815 Fremont Ave
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