$1,399,000
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314 Holliston Avenue Pasadena, CA 91106
Cluster
Residence
Beds
Baths
2,510
Sq. Ft.
0.31
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Exceptional Tear-Down Opportunity to build a 9 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. 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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MLS#
P1-16310
Property Type
Cluster
Status
Year Built
1927
Square Feet
2,510
sq. ft
Lot Size
0.31
Stories
1.0
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