Multi-Family FOR SALE
Pasadena, CA |
Pasadena, CA
HIGHLIGHTS
- Phenomenal Pasadena Location just North of the 210 - 6 Separate Properties Sitting on Adjacent Parcels
- Massive 77,460 Sq Ft. Total Lot Size - Low Building to Land Ratio
- Major Value-Add Potential with construction of ADUs - Build to an 7.65%+ cap rate and $340,749 per unit!
- Enjoy In-place Income While you Build up to 25 ADU(s) Per Law SB 1211 - Rental upside still to be captured with current tenants
- Mills Act Eligible - would significantly decrease property taxes
- Flexible Opportunity to Acquire one or multiple lots - Can be sold together or separate.
FOR SALE DETAILS
PRICE
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# OF LOTS
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LAND DETAILS
PROPERTY TYPE
Multi-Family
LAND PROPOSED USE
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LAND ACRES
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LAND SF
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OFFSITE IMPROVEMENTS
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ZONING
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APN/PARCEL ID
5731-006-024
