Description de l'actif
•Currently developed with an 120,435 SF office facility that may be repurposed and incorporated into future redevelopment plans.
•The Property is currently vacant and provides the opportunity to capitalize on substantial near-term upside.
•Located in the East Foothill Industrial District under the East Pasadena Specific Plan, aimed at providing and expanding employment opportunities within the City and transit- oriented development near the Sierra Madre Villa Metro Station, just ½ mile from the Site.
•Currently zoned EPSP-d1-IG permitting a variety of commercial, office, retail and industrial uses.
•Site currently has a 0.90 FAR and 45-foot height limit.
•Recently revised General Plan encourages the expansion of mixed-use office and commercial development.
Caractéristiques de l'actif
Points clés d'investissement
•Highly attractive location adjacent to the 210 Freeway providing connectivity to Los Angeles’ major freeway corridors and convenient access to Downtown Los Angeles’ 500,000+ jobs in less than 20 minutes.