$1,250,000
$1,250,000
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4 Beds
2 Baths
1,390 SqFt
SOLD DATE : 11/12/2021
Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,390 sqft
Price per Sqft $899
MLS Listing ID WS21191332
Sold Date 11/12/21
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1924
Lot Size 0.263 Acres
Acres 0.2632
Lot Dimensions Assessor
Property Description
Perfect lot for investor and unit developer - over 11,000 SF, zoned high density at RM32 (32 units per acres). Zoning density allows 8 units of new townhomes or condos. Just one block from Lake Ave. and 3 blocks from the 210 Freeway. A few blocks to heart of financial district in Pasadena, Lake Ave. and Colorado Blvd. Existing lot contains two well kept newly remodeled detached units, which allows income while waiting for the development permit process. Potential to add ADU or more units at large backyard. The City encourages affordable housing, inquire City's housing department for available programs for incentives and assistance. City offers a very low interest loan program for qualified ADU projects, please inquire further with City Planning and Housing.
Location
State CA
County Los Angeles
Area 646 - Pasadena (Ne)
Zoning PSR3
Rooms
Main Level Bedrooms 2
Ensuite Laundry WasherHookup, GasDryerHookup
Interior
Interior Features BedroomonMainLevel
Laundry Location WasherHookup,GasDryerHookup
Cooling Ductless, HeatPump
Fireplaces Type LivingRoom
Fireplace Yes
Laundry WasherHookup, GasDryerHookup
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Foothills, Hiking, Mountainous, Park, StreetLights, Urban
Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
View Y/N Yes
View Courtyard
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description Item3135UnitsAcre, BackYard, FrontYard, NearPublicTransit, ValueInLand, Yard
Story One
Entry Level One
Sewer PublicSewer
Water Public
Level or Stories One
New Construction No
Schools
School District Pasadena Unified
Others
Senior Community No
Tax ID 5732015027
Acceptable Financing CashtoNewLoan, Conventional
Listing Terms CashtoNewLoan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with BENJAMIN HUNG • HUNG REALTY
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CEO | DRE# SA695240000 | DRE# 02100184