Pasadena, CA 91101,155 S Oak Knoll Avenue
Pasadena, CA 91101,155 S Oak Knoll Avenue
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Listed by Q JENSAN CHENG • JENOAK PROPERTIES
$8,150,000
Est. payment /mo
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14,510 SqFt
Active

155 S Oak Knoll Avenue Pasadena, CA 91101

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UPDATED:

12/13/2024 02:02 AM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 14,510 sqft

Price per Sqft $561

MLS Listing ID CRWS24231478

HOA Y/N No

Originating Board Datashare California Regional

Lot Size 0.333 Acres

Property Sub-Type Unimproved Land

Property Description

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.

Location

State CA

County Los Angeles

Interior

Fireplace No

Exterior

View None

Building

Lot Description Other

Water Public


Bay East AOR and Contra Costa AOR

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agent

Kenneth Er

Agent | License ID: 01942269

+1(510) 828-8572

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155 S Oak Knoll Avenue