Thank you
Nizar Kailani
Kailani Realty
626-437-7876
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
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Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.4248
Lot Size Source: Assessor
Lot Size Square Feet: 18504
Original List Price: 1,800,000
Listing Contract Date: 2023-12-16
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5312002032
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 658 - So. Pasadena
Directions: Frm 110 Exit Arroyo/Marmion. Go douth east towards Arroyo Verde, make a right on Monterey . .Lok for the lovely red sign
Zoning: SPR4YY
Source Property Type: Land
Area: 658 - So. Pasadena
Year Built Source: Vendor Enhanced
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1020 El Centro Street, South Pasadena, CA,91030 | $15,500,000 | -- | -- | -- | 47916 Sqft |
1000 Buena Vista Street, South Pasadena, CA,91030 | $6,100,000 | 7 | 2 | 7,323 | 30825 Sqft |
1829 Gillette, South Pasadena, CA,91030 | $2,200,000 | 3 | 2 | 1,839 | 7908 Sqft |
2030 Hanscom Drive, South Pasadena, CA,91030 | $2,848,000 | 4 | 5 | 4,200 | 10656 Sqft |
825 Columbia Street, South Pasadena, CA,91030 | $2,499,000 | 4 | 2 | 2,460 | 9852 Sqft |
2123 Hanscom Drive, South Pasadena, CA,91030 | $350,000 | -- | -- | -- | 3816 Sqft |
633 Park Avenue, South Pasadena, CA,91030 | $1,985,000 | -- | -- | 3,805 | 8251 Sqft |
909 El Centro Street #103, South Pasadena, CA,91030 | $699,000 | 1 | -- | 660 | -- |
1735 Hanscom Drive, South Pasadena, CA,91030 | $6,980,000 | 6 | 6 | 7,440 | 11549 Sqft |
1733 Hanscom Drive, South Pasadena, CA,91030 | $4,988,000 | 4 | 4 | 4,540 | 5764 Sqft |
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ByOwner last updated this listing 05/02/2024 @ 19:33
MLS: AR23228157
LISTED BY: Nizar Kailani, Kailani Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.