Description
This property is offered for sale mainly for its land value. an ideal property for developers and builders: it has a lot size of 1/3 acre (66x220), zoned psc (allowing a min of 87 units per acre; see pasadena land use map attached). the property can yield up to 29–32 buildable units. check with the city for a high-density bonus unit allowance. it is centrally located in pasadena's most desirable area, south of colorado, west of lake, close to old town pasadena, caltech, pcc, and kaiser permanente medical school. easy access to fwy 110 to downtown la and fwy 134 to glendale. presently, the property has 4 existing structures on the lot, consisting of 1 sfr, 1 duplex, and 2 fourplexes, with a gsi of up to $332,000 per year (pro forma). great bonus while waiting for building permits! all structures are to be sold "as is." submit your best offer by considering the number of buildable units and the value of all the new units after construction. all information provided is deemed reliable but is not guaranteed and should be independently verified. the seller made no warranties or representations of any kind.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
47616338
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Property Details
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Exterior Features
Fencing
- Block,Masonry
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Assessor
- Lot Size Acres: 0.3331
- Lot Size Dimensions: 66 x 220
- Lot Size Source: Assessor
- Lot Size Square Feet: 14510
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Listing Information
Listing Price Information
- Original List Price: 8,150,000
- Listing Contract Date: 2024-11-11
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 5734023020
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 647 - Pasadena (SW)
- Directions: South of Green, West of Lake, Cross street: Cordova
- Zoning: PSC-
- Source Property Type: Land
- Area: 647 - Pasadena (SW)
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 12/18/2024 @ 05:00
- MLS: WS24231478
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 14,510 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Pasadena , in zip code 91101, this Los Angeles County Land are nearby neighborhoods.