Active

314 N Holliston Avenue

Pasadena CA, 91106

$1,399,000


$102.28 per sqft

Active

0.31 Acres

Land

Listed by Brian Parsons with Keller Williams Realty (626) 340-8050

Exceptional Tear-Down Opportunity to build a 9 unit apartment complex. 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, both can be delivered vacant by the close of escrow. 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.

P1-16312

MLS ID

January 25, 2024

Listed

October 4, 2024

Updated

Map

314 N Holliston Avenue
Pasadena CA, 91106

Exterior/Building Features

Lot Size

0.31 Acres


Lot Features

Sprinklers None

Other Property Details

Area Name

646 - Pasadena (NE)


Days on Market

234


Garage

No


Parking Total

0


View

No


View Description

None


County

Los Angeles


Water Source

Public


Pool

No


Zoning

PSR3

Listing History

Date

Event

Price

7/18/2024

Price change

$1,399,000

-2%

6/5/2024

Price change

$1,425,000

-2%

5/2/2024

Price change

$1,449,000

-7%

Listing Contact: (626) 204-3300 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/4/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/4/2024 at 2:02 AM UTC

 

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