Caroline Jen
This listing was posted on RealtyWW.
Plot For Sale In Pasadena, California
Location:
155 S Oak Knoll Ave, Pasadena, CA
Description:
This property is offered for sale for its land value. It has a lot size of 14510 sqft (or 1/3 acre), zoned PSC (allowing 60 units per acre), the PIQ yields at least 20 buildable units. But check with the city for a possibly higher density bonus unit allowance. There is a construction in the same street, which has permits for 19 units on a 9906 sqft lot. Do the math :). This is an ideal property for developers and investors. Centrally located in Pasadena's most desirable area, south of Colorado, west of Lake, close to Old Town Pasadena, Cal Tech, PCC, and the future Kaiser Permanente Medical School. Easy access to Fwy 110 to Downtown LA and Fwy 134 to Glendale. There are 4 existing structures on the lot, consisting of 1 SFR, 1 duplex, and 2 fourplexes, bringing in an AGI of approximately $230, 000 and up to $330, 000 per year. Great bonus while waiting for building permits! All structures are to be sold as is. To be legally clear, the $1 list price above is not the selling price. It is merely an invitation to sell to the highest bidder when Buyer meets or exceeds Seller's pricing reserve; submit your best offer by considering the number of buildable units, the value of present structures, each standing alone (a SFR, a duplex, and 2 fourplexes). The rental income is a wonderful added benefit! All information provided is deemed reliable but is not guaranteed and should be independently verified. Seller made no warranties or representations of any kind. Seller is a real estate licensee and the listing broker in this transaction. More information will be provided on request.For more details: https://realtyww.info/land-lots_pasadena-d525402/for-sale_i70156942
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More About this Listing: Plot For Sale In Pasadena, California
Plot For Sale In Pasadena, California is a Land for Sale at 155 S Oak Knoll Ave in Pasadena CA. Find other listings like Plot For Sale In Pasadena, California and listings near 155 S Oak Knoll Ave by searching Oodle Classifieds for Land for Sale in Pasadena CA.
Plot For Sale In Pasadena, California is a Land for Sale at 155 S Oak Knoll Ave in Pasadena CA. Find other listings like Plot For Sale In Pasadena, California and listings near 155 S Oak Knoll Ave by searching Oodle Classifieds for Land for Sale in Pasadena CA.