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314 N Holliston Avenue

Pasadena, CA 91106
  • $1,425,000
  • STATUS: Active
  • ON SITE: 151 Days
  • ID#: P1-16312
$1,425,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Brian Parsons of Keller Williams Realty ((626) 204-3300) and Danny Barriga of Keller Williams Realty(626-204-3300)


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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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-25T00:28:10.537. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Hertz Group. Licensed in the State of California, USA.
www.jordonayourrealtor.com/homes/146939545
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314 N Holliston Avenue Pasadena, CA 91106

  • Price: $1,425,000
  • Status: Active
  • On Site: 151 Days
  • ID#: P1-16312
0
Beds
0
Baths
0
½ Baths
0.31
Acres
Neighborhood:
Not Applicable
County:
Los Angeles
Area:
646 - Pasadena (NE)
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.
Exterior Features

Lot Features Sprinklers None Parking Total 0 View None View YN No

Property Features

Association Fee 0 Common Interest None Community Features Curbs Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Entry Only Listing Terms Cash Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning PSR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-25T00:28:10.537. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Hertz Group. Licensed in the State of California, USA.
 
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The Hertz Group
31518 Emperor Dr.
Canyon Lake CA, 92587
Listing Agent(s): Brian Parsons of Keller Williams Realty ((626) 204-3300) and Danny Barriga of Keller Williams Realty(626-204-3300)