Brian Dro Acquires Mixed-Use Property In Pasadena For $3M

The mixed-use property located at 5862 W. 3rd Street and 599 N Fair Oaks in Pasadena has been sold for a total price of $3,000,000. The property spans 5,122 square feet, resulting in a price per square foot of $585. This transaction involved two units, with each unit being valued at $1,500,000.

Summary of transaction details:

• Property Type: Mixed-Use
• Transaction Amount: $3,000,000
• Address: 5862 W. 3rd Street, 599 N Fair Oaks
• Market: Pasadena
• Square Footage: 5,122
• Price per Square Foot: $585
• Units: 2
• Price per Unit: $1,500,000

The seller in this transaction was Divinity L, while the buyer was Brian Dro. The deal was facilitated by brokers Steve Anavim and Lauren Aboulafia.

It is worth noting that the buyer closed the transaction using all cash in just 21 days.