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Thirty-one of Pasadena's listings are historic districts, which include multiple contributing properties. Among these historic districts is Old Town Pasadena, a thriving historic district of shops, bars and restaurants in well-preserved turn-of-the-century buildings with its center at Fair Oaks Avenue and Colorado Boulevard.
The Pasadena Playhouse is located in Old Pasadena. Most of the buildings also have offices and apartments on the upper floors. Old Pasadena is connected to Downtown Los Angeles via the Metro A Line light rail. Del Mar station is two blocks south of Colorado Boulevard, while Memorial Park station enters from Holly Street and Arroyo Parkway.
From the real estate boom of the 1880s until the Great Depression, as great tourist hotels were developed in the city, Pasadena became a winter resort for wealthy Easterners, spurring the development of new neighborhoods and business districts, and increased road and transit connections with Los Angeles, culminating with the opening of the ...
Old Pasadena is the historic core of Downtown Pasadena; it has a multitude of fine shops and restaurants (Italian and Japanese restaurants are especially numerous here). The attractions in the area involve shopping, dining, and entertainment. There are two parks, the historic Del Mar Station and Castle Green, and the headquarters of Parsons.
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The South Lake Avenue shopping district, in which Bullock's Pasadena was a major player, began to lose its luster in the late 1980s. While Pasadena's once-seedy Old Town district was reborn as a trendy shopping and entertainment district, once-proud South Lake Avenue lost much of its distinction. It is, however, still considered a distinctive ...
Estate agents who handle lettings of commercial property normally charge a fee of 7 to 15% of the first year's rent, plus the whole of the first month's rent. If two agents are charging 10%, they will split the fee between them. Estate agents selling commercial property (known as investment agents) typically charge 1% of the sale price.
The site was originally occupied by a shopping mall called Plaza Pasadena, which opened in 1980 and featured three anchor stores: J.C. Penney, The Broadway, and May Company California. [ 1 ] [ 2 ] It was built by The Hahn Company at a cost of $115 million on an 11-acre site and had featured over 120 stores. [ 3 ]