Lee & Associates is pleased to present an exceptional acquisition opportunity at 3864 E. Colorado Blvd, a strategically located retail property in the dynamic heart of East Pasadena. Built in 1952, this 5,275 square foot building sits on an 8,845 square foot lot and is uniquely zoned for Mixed Use Development (MXD)—offering a range of possibilities for investors and developers. The property currently comprises three retail units & one back office with garage storage 100% occupied. Ideal for investors, the current rental rates are only slightly below the current market. Situated within a Transit Oriented District, the site benefits from a Mixed Use (MU) designation on the East Pasadena–East San Gabriel Land Use Policy Map. This allows for a maximum density of 150 units per acre, a 3.0 floor area ratio, and building heights up to 65 feet, making it especially attractive for future redevelopment. Positioned just south of the 210 Freeway and bordered by Rosemead Blvd and Michillinda Ave, the property sits along one of San Gabriel Valley’s major thoroughfares. Surrounded by a diverse mix of retail, dining, and residential communities, the location enjoys strong visibility and consistent foot traffic. It is also in close proximity to several key destinations, including Hastings Ranch Plaza, Hastings Village Shopping Center, the LA County Arboretum, Santa Anita Park, and Westfield Santa Anita Mall—enhancing its appeal through excellent accessibility and convenience. Whether you’re seeking immediate rental income or envisioning a longterm redevelopment, 3864 E. Colorado Blvd offers a compelling investment opportunity in one of Pasadena’s most vibrant corridors. Take advantage of this rare chance to secure a property where potential and location intersect. 3864