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29566796
29566797

95 N Marengo Ave, Pasadena, CA 91101

TB
CA DRE #02064313
JLL - Los Angeles (West), California
MK
0222258, 02222058
Listed by JLL - Los Angeles (West), California
$15,000,000
121 days on market
Updated 108 days ago

95 North Marengo Avenue

Details
APN 5723-019-015
Property Type Mixed Use, Retail
Sub Type Restaurant
Square Footage 22,114
Occupancy 100%
Price per SqFt $678
Year Built 1922
Year Renovated 1944
Acreage 0.390
Zoning CD-MU-G

Mixed Use | 22,114 SqFt

Marketing description

Jones Lang LaSalle, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in the 95 N Marengo Ave (the “Property” or the “Offering”). Located within Pasadena’s historic Civic Center District, this distinctive asset comprises of 22,114 square feet of GLA, offering a rare combination of historic architecture and contemporary versatility. Originally constructed as a church, the building has been thoughtfully converted to serve modern commercial uses while preserving its unique character. In its current state the Property acts a mixed-use asset utilized as restaurant, entertainment, and office space.

The Property enjoys a premier location near Pasadena City Hall, placing it at the heart of Pasadena’s civic and cultural district. The Property prominent street frontage and exceptional visibility, surrounded by popular retailers, acclaimed restaurants, boutique shops, and well-established hotels. The Paseo shopping center is situated just moments away, further enhancing the retail synergy in the immediate area.

Pedestrian accessibility is a key highlight, with the Property benefiting from close proximity to the Metro Gold Line’s Memorial Park Station—allowing convenient transit options for both visitors and employees. The neighborhood’s highly walkable environment, dense residential and daytime population, and dynamic commercial presence make the Property a magnet for local traffic and destination shoppers alike.

The Offering represents a unique opportunity to acquire a landmark adaptive reuse property within one of Southern California’s most vibrant urban markets. With its iconic architectural features, central location, and access to a range of amenities, the Courtyard Building is positioned to capture both neighborhood demand and draw from Pasadena’s broader commercial activity— creating lasting value for investors and occupants.

Investment highlights

  • Excellent Value-Add / Owner-User Opportunity

  • Flexible Zoning

  • Prime Location

  • Strong Demographics & Tourism

  • Premium Market Position

  • Optimal Visibility and Accessibility

  • Captive Audience

  • Healthy Market Fundamentals

  • Metro Expansion

Listing Contacts

TB
CA DRE #02064313
JLL - Los Angeles (West), California
MK
0222258, 02222058
Listed by JLL - Los Angeles (West), California

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