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REAL ESTATE
Altadena’s 26,249 SQFT Chase Plaza Hits the Market for $11.8MM
Located in a high-traffic commercial district, Chase Plaza presents a potentially compelling investment opportunity for those seeking a well-established property with strong potential for growth. This two-story retail and office complex, built in 1959 and renovated in 1991, offers a central location on a signalized corner, providing high visibility and easy access for both customers and tenants. According to a release from Sync Brokerage, the offering price is $11.8 million or roughly $450 per square foot.
Construction Starts on Affordable Housing Project in Altadena
Nonprofit housing organization EAH Housing has begun construction on Agave, a 58-unit affordable housing development in Altadena. The project, in partnership with Union Station Homeless Services, is aimed at providing permanent supportive housing for formerly unhoused individuals. “As many cities in LA County, Altadena is dealing with a rapidly growing...
15,710 SQFT Pique Anaheim Retail Center Listed for $12.5MM in Orange County
A unique investment opportunity has hit the market in the heart of Anaheim’s Platinum Triangle: a fully occupied, 15,710-square-foot multi-tenant retail strip center. This property is positioned to benefit from the region’s economic growth, particularly in the tourism sector, which attracts 25 million annual visitors and generates $16 billion in spending within Anaheim alone, according to an offering brochure from Hanley Investment Group.
Storied Real Estate Family Business Acquired by Fifth Generation
In a significant transition for a long-standing Los Angeles real estate dynasty, Pasadena native and seventh-generation Southern Californian John (Jack) Dunn has acquired Conway Real Estate Services, a property management firm deeply rooted in the region’s history. The sale, finalized in mid-2024 after beginning the transition in mid-2023, marks...
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