$1,399,000 Price Analysis   ♡   Pasadena, CA 91106 Unknown bed 0 bath unknown SqFt ($0/SqFt) 0.31 acre lot. Listed 2024-01-25, Taxes $4,044 | Ⓧ USDA Ineligible due to property near Pasadena |
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 big 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 s 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 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.
Presented by The Parsons Real Estate Team at
Keller Williams Realty.
Property MLS #P1-16312 from CRMLS
Lot Size Source: Assessor
Lot Size Square Feet: 13678
Calculated Total Monthly Association Fees: 0
County: Los Angeles
Directions: Corner of Carson and Holliston.
Source Property Type: Land
Area: 646 - Pasadena (NE)
Source Neighborhood: 646 - Pasadena (NE)
Postal Code Plus 4: 1505
Zoning: PSR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $46,833 + $234,267 $281,100 | $4,044 |
| 2021 | $45,915 + $229,674 $275,589 | $3,881 |
| 2020 | $45,445 + $227,319 $272,764 | $3,753 |
| 2019 | $44,554 + $222,862 $267,416 | $3,756 |
| 2018 | $43,681 + $218,493 $262,174 | $3,701 |
| 2017 | $42,825 + $214,209 $257,034 | $3,647 |
| 2016 | $41,986 + $210,009 $251,995 | $3,546 |
| 2015 | $41,356 + $206,855 $248,211 | $3,505 |
| 2014 | $40,546 + $202,803 $243,349 | $3,463 |
| 2013 | $40,363 + $201,887 $242,250 | $3,460 |
| 2012 | $39,572 + $197,929 $237,501 | $3,426 |
| 2010 | $38,797 + $194,049 $232,846 | $3,302 |
| 2009 | $38,600 + $193,057 $231,657 | $3,305 |
| 2009 | $38,508 + $192,599 $231,107 | $3,305 |
| 2008 | $37,844 + $189,272 $227,116 | $3,123 |
| 2007 | $37,102 + $185,561 $222,663 | $3,012 |
$1,399,000
CRMLS
Price Changed 2024-07-18
$1,399,000
CRMLS
Price Changed 2024-06-05
$1,425,000
CRMLS
Price Changed 2024-06-05
$1,425,000
CRMLS
Price Changed 2024-05-02
$1,449,000
CRMLS
Price Changed 2024-05-02
$1,449,000
CRMLS
Listed 2024-01-25
$1,549,000
CRMLS
Listed 2024-01-25
$1,549,000
CRMLS
Listing removed 2023-07-01
$0
CRMLS
Sold 2022-11-28
$1,025,000
CRMLS
Price Changed 2022-10-24
$1,200,000
CRMLS
Price Changed 2022-09-22
$1,450,000
CRMLS
Listed 2022-09-16
$1,600,000
CRMLS
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.