Prime Commercial C-2 Development Opportunity
Exceptional opportunity to acquire a centrally located C-2 commercial development site with outstanding redevelopment potential. Spanning nearly two acres across five contiguous parcels, this rare assemblage offers the scale and flexibility needed for a wide range of commercial and mixed-use projects.
The property currently includes one historic residential home, which is in the process of being relocated. This provides the opportunity to preserve the historic structure while maximizing the site's development potential.
With its generous size and strategic location, the property is well suited for a variety of uses, including:
*Mixed-use development
*Retail shopping center or retail plaza
*Office or professional campus
*Hospitality or boutique hotel
*Residential condominiums or multifamily housing (subject to approvals)
*Master-planned or phased commercial development
The five-parcel configuration provides exceptional flexibility for developers, investors, and owner-users seeking a landmark project in a high-visibility location. Whether envisioned as a retail destination, mixed-use community, or commercial campus, this property offers the size, zoning, and redevelopment potential to bring a wide range of concepts to life.
This is a rare opportunity to secure one of the area's largest commercial redevelopment sites, offering significant long-term value and investment potential.
824 N Pasadena 6: Sold $480,000 · 2 bd · 2 ba · 989 sqft · Aug 2026 · 0.2 mi RE/MAX MASTERS REALTY | DRE #01942273 Buyer's agent: Carmen Jimenez-Fraire, 24 Hour Real Estate | DRE #01891413
602 Cedarglen: Sold $930,000 · Jul 2026 · 0.3 mi MARCUS & MILLICHAP | DRE #02188347 Buyer's agent: Joe Momjian, WeTrust Realty | DRE #00977897
698 E 5th Street: Sold $480,000 · 4 bd · 3 ba · 1,277 sqft · Sep 2026 · 0.4 mi SOUTHLAND PROPERTIES | DRE #01355369 Buyer's agent: Joyce Greenwood, Champions Real Estate | DRE #01248901
905 N. Purple Sage Dr. B: Sold $748,600 · 3 bd · 4 ba · 1,887 sqft · Sep 2026 · 0.5 mi Pinnacle Real Estate Group | DRE #02141332 Buyer's agent: Ana Connell, Ana Connell Real Estate | DRE #01802303
750 E 5th Street 58: Sold $499,000 · 2 bd · 3 ba · 1,204 sqft · Sep 2026 · 0.5 mi Kinnery's Brokerage House | DRE #01852032 Buyer's agent: Monserrat Torres, Circle Real Estate | DRE #01989089
1034 N Soldano: Sold $910,000 · 3 bd · 2 ba · 1,819 sqft · Sep 2026 · 0.5 mi PRICE REAL ESTATE GROUP INC | DRE #01099624 Buyer's agent: Nicole Jones, HOMESMART, EVERGREEN REALTY | DRE #01269164
543 N Angeleno Avenue: Sold $725,000 · 3 bd · 1 ba · 1,076 sqft · Sep 2026 · 0.5 mi CENTURY 21 MASTERS | DRE #00914322 Buyer's agent: Paola Hernandez, Century 21 LOTUS | DRE #02118314
1047 Lakeview: Sold $635,000 · 2 bd · 2 ba · 1,347 sqft · Aug 2026 · 0.5 mi SOUTHLAND PROPERTIES | DRE #00894648 Buyer's agent: Kathleen Pierce, HomeSmart, Evergreen Realty | DRE #01322033