$1,399,000 Price Analysis 314 N Holliston AvePasadena, 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 |
This unique investment opportunity presents the chance to acquire a multi-family property for redevelopment. The existing property, consisting of three units on a open 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 apartmnt 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
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 |
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.