For Sale
314 N Holliston Avenue, Pasadena, CA 91106
314 N Holliston Avenue, Pasadena, CA 91106
  • $1,449,000
  • $577

Overview

Property ID: HZ14652665
  • Residential Income
  • Property Type
  • 3.00
  • Garages
  • 1927
  • Year Built

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.

  • Address 314 N Holliston Avenue
  • City Pasadena
  • State/county CA
  • Zip/Postal Code 91106
  • Area 646 - Pasadena (NE)
  • Country United States

Details

Updated on May 5, 2024 at 5:39 am
  • Property ID: HZ14652665
  • Price: $1,449,000
  • Land Area: 13678.00 Sqft
  • Garages: 3.00
  • Year Built: 1927
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 2510.00
  • Living Area Prefix: Sqft
  • MLS#: P1-16310
  • Office Name: KELLER WILLIAMS REALTY
  • Agent Name: Brian Parsons
  • MLS Status: Active
  • Co-Office Name: Keller Williams Realty
  • Co-Agent Name: Danny Barriga
  • Agent State License: 01712649
  • Co-Agent State License: 00820918
  • IDX Contact Info: (626) 340-8050

Additional details

  • View: None
  • Cooling: None
  • Heating: Wall Furnace
  • County: Los Angeles
  • Parking: 6.00

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