403 S Raymond 403 South Raymond Avenue

CBRE, as exclusive advisor, is pleased to present for the first time in several decades the generational opportunity to acquire 403 S. Raymond Avenue, a premier land assemblage situated in the vibrant urban core of Pasadena, California. This expansive, strategically located asset offers unparalleled versatility, allowing astute investors, developers, or owner-users to execute a flagship vision in one of Southern California’s most highly defended submarkets.

A distinctive attribute of the property is its operational infrastructure, featuring rare public self-storage and premium, temperature-controlled wine storage facilities. This specialized component delivers a highly resilient, stable monthly cash flow, providing buyers with immediate downside protection and strong holding income during the design or entitlement phase. Underpinned by favorable underlying zoning and exceptional infill connectivity, the site presents an ideal canvas for a world-class redevelopment project—including creative office, medical office and outpatient facilities, life-science/R&D labs, or high-density urban mixed use.