500 S Pasadena Avenue

    Pasadena, CA 91105
    • $5,150,000
    • STATUS: Active
    • ON SITE: 97 days
    • ID#: AR19083912
    UPDATED: 189 min ago
    $5,150,000
    • 0
      BEDS
    • 0.71
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    The Growth Investment Group is proud to present a unique development opportunity, located within walking distance to Old Town Pasadena, and just off Fair Oaks. The Property consists of 30,000 SF of flat land in the CD6 Zone (Fair Oaks Corridor) and presents the opportunity to develop Work/ Live units, Commercial, or a Medical Use with the proximity to Huntington Hospital. This particular pocket is screaming for new construction, as it seems to be the last area in Pasadena without new development. This land will give Developers a chance to build a very unique product, in a market filled with the appropriate demographic to take advantage of these units. Live/ Work can be a great opportunity for a Sole Proprietor/ Entrepreneur to purchase a home and office in very desirable area of Pasadena, and can be the next most desirable type of unit, with all the internet and work from home based businesses.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-07-20T00:42:18.983. 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. Licensed in the State of California, USA.
    www.livelovethefoothills.com/homes/93677564

    500 S Pasadena Avenue Pasadena, CA 91105

    • Price: $5,150,000
    • Status: Active
    • Updated: 189 min ago
    • ID#: AR19083912
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.71
    Acres
    Neighborhood:
    647 - Pasadena (SW)
    County:
    Los Angeles
    Area:
    647 - Pasadena (SW)
    Property Description
    The Growth Investment Group is proud to present a unique development opportunity, located within walking distance to Old Town Pasadena, and just off Fair Oaks. The Property consists of 30,000 SF of flat land in the CD6 Zone (Fair Oaks Corridor) and presents the opportunity to develop Work/ Live units, Commercial, or a Medical Use with the proximity to Huntington Hospital. This particular pocket is screaming for new construction, as it seems to be the last area in Pasadena without new development. This land will give Developers a chance to build a very unique product, in a market filled with the appropriate demographic to take advantage of these units. Live/ Work can be a great opportunity for a Sole Proprietor/ Entrepreneur to purchase a home and office in very desirable area of Pasadena, and can be the next most desirable type of unit, with all the internet and work from home based businesses.
    Exterior Features

    Lot Features Corner LotLot 20000-39999 Sqft Lot Size Source Assessor Lot Size Units Square Feet View Mountain(S) View YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features Suburban Country Us Distance To Water Comments On Site Elevation Units Feet Land Lease YN No New Construction YN No Possible Use Comments Buyer To Satisfy Themselves For All Allowable Uses Per The City. Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning Cd6

    Listing provided courtesy of Justin Mccardle of Gig Real Estate Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-07-20T00:42:18.983. 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. Licensed in the State of California, USA.
     
    The Costantino Group | Cal American Homes and Realty
    405 West Foothill Blvd Suite 203
    Claremont CA, 91711