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$1,600,000
Est. payment /mo
0.42 Acres Lot
UPDATED:
09/30/2024 06:43 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR23228157
HOA Y/N No
Lot Size 0.425 Acres
Property Description
Builders, Developers, and Investors, LAND FOR DEVELOPMENT
Unlock the potential of a prime opportunity in South Pasadena – a meticulously planned project featuring the construction of thirteen (13) exquisite modern townhouses. This visionary design encompasses private garages and rooftop patios, elevating the living experience for future residents.
Situated on vacant parcels totaling approximately 18,504 sqft, with an impressive 160 feet of frontage on Monterey Rd, this development offers not only a strategic location but also breathtaking 180 panoramic views of the San Gabriel Mountains.
Seize the chance to develop in South Pasadena, capitalizing on its inherent charm, coveted location, favorable weather, rich traditions, and the added benefit of access to award-winning schools. This investment encompasses two parcels – 5312-002-032and 5312-002-031.
Don't miss out on this exceptional investment opportunity that promises not just a sound financial venture but the creation of a community that harmonizes modern living with picturesque surroundings.
the seller has preliminary plans to build 13 units, plans were not submitted to the city.
Note: Parcels have been combined from 4 previous APN numbers . . the old parcels where 5312-002-007, 5312-002--008, 5312-002--009 & 5312-002-025
Unlock the potential of a prime opportunity in South Pasadena – a meticulously planned project featuring the construction of thirteen (13) exquisite modern townhouses. This visionary design encompasses private garages and rooftop patios, elevating the living experience for future residents.
Situated on vacant parcels totaling approximately 18,504 sqft, with an impressive 160 feet of frontage on Monterey Rd, this development offers not only a strategic location but also breathtaking 180 panoramic views of the San Gabriel Mountains.
Seize the chance to develop in South Pasadena, capitalizing on its inherent charm, coveted location, favorable weather, rich traditions, and the added benefit of access to award-winning schools. This investment encompasses two parcels – 5312-002-032and 5312-002-031.
Don't miss out on this exceptional investment opportunity that promises not just a sound financial venture but the creation of a community that harmonizes modern living with picturesque surroundings.
the seller has preliminary plans to build 13 units, plans were not submitted to the city.
Note: Parcels have been combined from 4 previous APN numbers . . the old parcels where 5312-002-007, 5312-002--008, 5312-002--009 & 5312-002-025
Location
State CA
County Los Angeles
Area 658 - So. Pasadena
Zoning SPR4YY
Interior
Fireplace No
Exterior
Community Features Biking, Curbs, Dog Park, Foothills, Hiking, Park, Street Lights, Suburban, Sidewalks
Utilities Available None, Water Not Available
View Y/N Yes
View Mountain(s), Neighborhood
Building
Lot Description 0-1 Unit/Acre, Rectangular Lot
Water None
New Construction No
Others
Senior Community No
Tax ID 5312002032
Acceptable Financing Cash, Contract, Owner May Carry, Submit
Listing Terms Cash, Contract, Owner May Carry, Submit
Special Listing Condition Standard
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Listed by Nizar Kailani • Kailani Realty • 626-437-7876