Homes for sale - 314 N Holliston AVE, Pasadena, CA 91106

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Sally Baik

sally@sallybaikrealestate.com +1(818) 572-3417

$ 1,399,000

Est. payment | -/mo

0.31 Acres Lot

Save

$ 1,399,000

Est. payment | -/mo

Save

0.31 Acres Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-16310

HOA Y/N No

Year Built 1927

Lot Size 0.314 Acres

Property Description

Exceptional Tear-Down Opportunity to build a 9 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 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, one will be delivered vacant by the close of escrow, the other is very 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.

Location

State CA

County Los Angeles

Area 646 - Pasadena (Ne)

Interior

Heating Wall Furnace

Cooling None

Fireplace Yes

Laundry See Remarks

Exterior

Parking Features Garage

Garage Spaces 3.0

Garage Description 3.0

Fence Chain Link

Pool None

Community Features Curbs

View Y/N No

View None

Total Parking Spaces 6

Private Pool No

Building

Lot Description Sprinklers None

Story One

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 5738016058

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(818) 572-3417

sally@sallybaikrealestate.com

232 W Olive Ave #20, la Habra, California, 90631, USA

314 N Holliston AVE Pasadena, CA 91106