South Pasadena, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in South Pasadena, Florida Market population: 26K. Compare commercial properties across all major asset classes...

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3 properties found

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📊 Avg Property Tax Rate For South Pasadena CA Properties: 1.2600%

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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000

San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%

NOI $116,550

Size 5,040 SF

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📊 Average Income For South Pasadena CA Commercial Property: $85,058

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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000

San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%

NOI $98,945

Size 10,888 SF

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Investor Questions For South Pasadena CA

Common questions from investors exploring commercial real estate in South Pasadena CA.

What is the overall investment potential of South Pasadena, CA? +

With a median household income of $85,058 and a relatively low poverty rate of 7.0%, South Pasadena presents a stable investment market, further supported by its high health insurance coverage rate of 93.4% and a diverse economy led by Public Administration, Information, and Manufacturing industries.

How does the city's demographic diversity impact real estate demand? +

The city's ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Asian, combined with a foreign-born rate of 24.8%, suggests a culturally rich and potentially robust rental market, especially considering the average commute time of 28 minutes and the prevalence of drove alone, worked at home, and carpooled commute methods.

What are the key factors influencing property values in South Pasadena? +

The median property value of $820,200, coupled with a median property tax of $4,779 and a homeownership rate of 45.7%, indicates a strong and potentially appreciating housing market, further reinforced by the city's high median household income, low poverty rate, and excellent health insurance coverage of 93.4%.

How does the local economy affect the stability of real estate investments? +

The employed population of 13,578, with top industries in Public Administration, Information, and Manufacturing, suggests a stable economic base, which, combined with a low unemployment rate of 3.4% and a high health insurance coverage rate, points to a reliable tenant market with the potential for consistent rental yields.

What role does quality of life play in the attractiveness of South Pasadena as an investment location? +

The average commute time of 28 minutes, the high rate of health insurance coverage at 93.4%, and the diversity of commute methods including driving, working from home, and carpooling, all contribute to a high quality of life, making South Pasadena an attractive location for both investors and tenants, especially when considering the city's median age of 39.4 and its implications for a balanced community.

South Pasadena CA Real Estate & City Facts

Key facts and real estate information about South Pasadena CA.

What are some of the best neighborhoods to live in South Pasadena? +

Some of the best neighborhoods to live in South Pasadena include Downtown South Pasadena, Monterey Hills, Raymond Hill, Marengo District, and Oaklawn. Each neighborhood has its own unique character and advantages, such as accessibility, views, and affordability. For example, Downtown South Pasadena is great for those who want to be close to shops and restaurants, while Monterey Hills offers stunning views and a more suburban feel.

What are some fun things to do in South Pasadena? +

There are plenty of fun things to do in South Pasadena, such as visiting the South Pasadena Nature Park, checking out the Fremont Centre Theatre, or exploring the Meridian Iron Works Museum. You can also take a stroll through the charming streets of Downtown South Pasadena, visit the historic Michael Myers' House, or grab a bite to eat at one of the many restaurants on Fair Oaks Avenue. If you're looking for something more adventurous, you can hike in the nearby San Gabriel Mountains or visit the nearby city of Pasadena, which has plenty of attractions like the Norton Simon Museum and the Rose Bowl Stadium.

What is the food scene like in South Pasadena? +

The food scene in South Pasadena is diverse and vibrant, with a range of restaurants serving everything from modern American cuisine to Asian fusion and traditional Mexican dishes. Some popular spots include Cannonball, The Raymond 1886, and Dumpling Tops, as well as a variety of food trucks and casual eateries. There are also plenty of great coffee shops and bakeries, like Badash Bakes, which serves up delicious cinnamon rolls and other treats. Whether you're in the mood for something fancy or just a quick bite, South Pasadena has plenty of options to choose from.

What are the pros and cons of living in South Pasadena? +

The pros of living in South Pasadena include its charming small-town feel, excellent schools, and convenient location near Pasadena and Los Angeles. The city also has a strong sense of community, with plenty of local events and festivals throughout the year. However, some cons of living in South Pasadena include the high cost of living, particularly when it comes to housing, and the limited availability of parking in some areas. Additionally, some residents may find the city's quiet, suburban atmosphere to be a bit too sleepy at times. Overall, though, South Pasadena is a great choice for those who want a relaxed, family-friendly lifestyle with easy access to the amenities of the city.

Is South Pasadena a good place to live? +

Yes, South Pasadena is a good place to live, offering a unique blend of small-town charm and big-city amenities. The city has a strong sense of community, excellent schools, and a diverse range of restaurants and shops. While it may not be the best fit for everyone, particularly those on a tight budget or looking for a more urban lifestyle, South Pasadena is a great choice for families, professionals, and anyone who wants a relaxed, welcoming atmosphere with easy access to the city. With its beautiful parks, historic architecture, and vibrant cultural scene, South Pasadena is a hidden gem that is definitely worth considering.

⭐ Featured

7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate

$2,100,000

Long Beach Multifamily

Discover a compelling value-add opportunity in the heart of Long Beach, California. This 7-unit multifamily property, lo...

Cap Rate 7.00%

NOI $144,960

Size 6,074 SF

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South Pasadena, FL Commercial Investment Properties for Sale

Don’t just search properties. See why investors choose REI Capital.

📊 Avg Property Tax Rate For South Pasadena CA Properties: 1.2600%

Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

📊 Average Income For South Pasadena CA Commercial Property: $85,058

Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

Investor Questions For South Pasadena CA

South Pasadena CA Real Estate & City Facts

7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate

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