80 N Hill Avenue, Pasadena, CA 91106

• 5,199 sqft

Property Description

3rd Price reduction! Prime Mixed-Use Owner-user/Investment opportunity on Hill Ave, Superb location crossing Colorado Blvd and south of 210 FWY, Excellent Exposure with Superb Demographics, Seller MAY CARRY Up To 60% LTV at 5% fixed for 5 years! The property is a value-add mixed-use (retail/residential) property with superb exposure right on Hill Ave and located south of 210 FWY with Colorado Blvd as its nearest cross street. This is the first time this property is being offered for sale for more than 20 years! The property has a wide 60ft exposure on Hill Ave and offers a CG (Commercial General) zoning which should allow much higher density redevelopment options (buyer to verify). It enjoys a high traffic volume of ±21k cars per day and has superb demographics with ±$133k average household income within a mile radius. For a qualified buyer, Seller may carry a 60% LTV (40% down payment) secured by a 1st Trust Deed against subject property with 5% interest rates on a 5-year fixed Interest Only and 5-year term (balloon payment at end of year 5). The property has a total of ±4,366 SF building size on a large ±9,327 SF CG Zoned lot and consists of 2 separate buildings. The front building is a two-story retail building with about ±3,100 total square footage (±69% of the building

Listing Status:

Active

Date Added:

July 20, 2025 at 05:00AM

Listing Office:

Growth Investment Group Pasade : 626-594-4900

Listing Agent:

Han Chen : 626-224-2495

MLS ID:

CRAR25163169

Interior

• A/C: Central AirWindow Unit(s)
• Heating: Wall FurnaceOther

Location

• County: Los Angeles

Lot

• Zoning: PSC5737001019

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedOtherCable Connected

This listing courtesy of Han Chen, Growth Investment Group Pasade