155 S Oak Knoll Avenue, Pasadena CA, 91101

Active

155 S Oak Knoll Avenue

Pasadena CA, 91101

$8,150,000

$561.68 per sqft

Active

0.33 Acres

Land

Listed by Q JENSAN CHENG with JENOAK PROPERTIES 6268172818

This property is offered for sale mainly for its land value. An ideal property for developers and builders: It has a lot size of 1/3 acre (66x220), zoned PSC (allowing a min of 87 units per acre; see Pasadena Land Use Map attached). The property can yield up to 29-32 buildable units. Check with the city for a high-density bonus unit allowance. It is centrally located in Pasadena's most desirable area, south of Colorado, west of Lake, close to Old Town Pasadena, Caltech, PCC, and Kaiser Permanente Medical School. Easy access to Fwy 110 to Downtown LA and Fwy 134 to Glendale. Presently, the property has 4 existing structures on the lot, consisting of 1 SFR, 1 duplex, and 2 fourplexes, with a GSI of up to $332,000 per year (pro forma). Great bonus while waiting for building permits! All structures are to be sold "as is." Submit your best offer by considering the number of buildable units and the value of all the new units after construction. All information provided is deemed reliable but is not guaranteed and should be independently verified. The seller made no warranties or representations of any kind.

WS24231478

MLSⓇ ID

November 11, 2024

Listed

December 13, 2024

Updated

Map

155 S Oak Knoll Avenue
Pasadena CA, 91101

Exterior/Building Features

Lot Size: 0.33 Acres

Other Property Details

Area Name: 647 - Pasadena (SW)
Days on Market: 25
Garage: No
View: No
View Description: None
County: Los Angeles
Water Source: Public
Pool: No
Zoning: PSC-

Listing Contact: 626-237-0101

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/13/2024. 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.

Data last updated on 12/13/2024 at 8:27 PM UTC