PASADENA DEL REY
City of Pasadena
THE OPPORTUNITY
Pasadena Del Rey presents a rare opportunity to purchase 12.9 acres of land in the highly desirable City of Pasadena with time to secure discretionary approvals. This is the former home of St. Luke’s Hospital campus now nearly vacant except for a few tenants who occupy the medical office building in the southeast corner of the site.
PROPERTY HIGHLIGHTS
- Highly-desirable location at the base of the San Gabriel Mountains with convenient access to restaurants and retail along Washington Blvd.
- Large flat infill site ideal for redevelopment with views of the San Gabriel Mountains and the Angeles National Forrest.
- Pasadena is one of the primary cultural and economic centers of Los Angeles County.
- Over 3,100 new housing units have been submitted over the past five years including apartments, condominiums, and townhouses in various stages of development.
