The Pasadena Collection
Address: 175 S. Lake Avenue and
825 Cordova Avenue,
Pasadena, California
Purchased: June 2012
Price: $5,000,000
Size: 20,461 square feet
Edgewood/OPC acquired the distressed first mortgage on this property via online auction and fee title obtained through a non-contested foreclosure.
Located at the northwest corner of S. Lake Avenue and Cordova Street in the vibrant South Lake Avenue retail and office corridor.
The building was built in 2003.
The property was sold in 2014 for approximately $10.8 million.