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Listed by X F SHIRLEY H. LAM, DRE #01254472 • IRN REALTY
$ 4,290,000
Est. payment | /mo
0.46 Acres Lot
$ 4,290,000
Est. payment | /mo
0.46 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRWS26158276
Year Built 1955
Lot Size 0.459 Acres
Source California Regional MLS
Property Description
Rare 12 Unit multi-family asset near the prestigious Pasadena 's Madison Heights neighborhood . the lucrative R-3 multi -family zoning property offers significant density / expansion potential . Featuring classic architectural charter with clear CapEx upside. this offering is an exceptional opportunity to with immediate rental upside , significant long term development , allow for the addition of high -yield income elements such ADUs making it perfect for maximizing site density . Property situated in or near the highly coveted Prime location , known for its leafy walkable streets , historic architecture , and proximity to major employment hubs like Whole food , Huntington hospital, Jet Propulsion Lab. Old town and Metro gold line. , steps from Art-center and Caltech . Value add & Capex upside. The property likely features "vintage or original 1920s -1950s charm that .Rare 12 Unit multi-family asset near the prestigious Pasadena 's Madison Heights neighborhood . the lucrative R-3 multi -family zoning property offers significant density and expansion potential . Featuring classic architectural charter with clear CapEx upside. this offering is an exceptional opportunity to with immediate rental upside, significant long term development , allow for the addition of high
Location
State CA
County Los Angeles
Area 648 - Pasadena (Se)
Interior
Laundry In Laundry Room
Exterior
Garage Spaces 15.0
Pool None
Building
Water District - Public
Others
Tax ID 5734018001
Special Listing Condition Not Applicable
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