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Key Details
Sold Price $1,250,000
Property Type Townhouse
Sub Type Townhome
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
Style Townhome
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1924
Lot Size 0.263 Acres
Acres 0.2632
Lot Dimensions 60x191
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.
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 Pasadena (91106)
Zoning PSR3
Interior
Cooling Heat Pump(s)
Fireplaces Type FP in Living Room
Exterior
Garage Spaces 2.0
Utilities Available Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Courtyard
Total Parking Spaces 2
Building
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Acceptable Financing Conventional, Cash To New Loan
Listing Terms Conventional, Cash To New Loan
Special Listing Condition Standard
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Bought with BENJAMIN HUNG • HUNG REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "