314 N Holliston Avenue,  Pasadena  (91106)

$1,449,000

0 bedrooms 0   0 bathrooms 0   2510 square feet 2,510
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Listed By: Brian Parsons of Keller Williams Realty

PROPERTY DETAILS

Address: view address
Pasadena, CA 91106
Map Location
Features: Multi-level
Square Feet:2,510 sq.ft.Lot Size:13678.0
Year Built:1927Views:None
Property Type:Multi FamilyNeighborhood:Not Applicable
County:Los AngelesList Date:2024-01-24
Listing Number:P1-16310Listing Office:(626) 340-8050

PROPERTY DESCRIPTION

Exceptional Tear-Down Opportunity with Plans for an 8-Unit Apartment Complex (Pending City Approval)! This unique investment opportunity presents the chance to acquire a multi-family property for redevelopment. The existing property, consisting of three units on a spacious 13,678 SF lot (as per Assessor), is poised for transformation. The unit breakdown includes 314 Holliston Ave - 2 bed/1 bath, 660 SF; 316 N Holliston Ave - 2 bed/1 bath, 580 SF; 318 N Holliston Ave - 3 bed/1 bath, 1,270 SF. Each unit features a 1-car garage and separate metering for water, electricity, and gas. Notably, Unit 318 suffered fire damage in 2021 and has been vacant since. However, the property is being sold with renderings for a new construction--an 8-unit apartment complex, pending city approval. The other two units, one will be delivered vacant by the close of escrow, the other is very cooperative. Positioned in a densely populated apartment area, close to shopping and freeway access, this property is set to capture significant attention, offering a promising opportunity for the savvy investor.

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Interior

Features

Laundry Features:See RemarksLaundry:Yes

Cooling & Heating

Cooling features:NoneHeating features:Wall Furnace
Heating:Yes

Exterior

Pool and Spa

Pool Features:NoneSpa Features:None
Spa:Yes

Parking

Parking features:GarageGarage spaces:3

Property Features

Fencing:Chain Link

Property and Lot Details

Features

Community Features:Curbs

View

Views:None

Fee

Special Listing Conditions:Standard

Building Information

Year Built:1927Levels:One
Stories:1

Lot

Lot Dimensions:13678.0

Construction

Building Area total:2510.0

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: Brian Parsons of Keller Williams Realty