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1210 N Altadena Dr 0.18 Acres of Commercial Land Offered at $1,624,100 CAD in Pasadena, CA 91107
INVESTMENT HIGHLIGHTS
- ZONED MULTI-FAMILY (PSR3)
- Beautiful Mountain views
EXECUTIVE SUMMARY
FOR SALE
ZONED MULTI-FAMILY (PSR3)
- Zoning: PSR3 – zoned for multifamily. Before the fire there were 6 units (2 stories)
- Buyer may build 10% more than prior square footage pre-fires
(3,997 SF x 10% bonus (399.7) = 4,397 SF)
- Second story will have beautiful mountain views
- The property has been cleared by the Army Core of Engineers
- Great access through the alleyway in the back of the property
- LA County Wildfire Final Property Clearance Form available upon request (clean Phase II)
- Buyer Shall Cooperate with Sellers 1031 Exchange
PROPERTY FACTS
| Price | $1,624,100 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.18 AC |
| Property Type | Land | ||
| Zoning | R3 - Restricted Density Multiple | ||
| Price | $1,624,100 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.18 AC |
| Zoning | R3 - Restricted Density Multiple |
1 LOT AVAILABLE
Lot
| Price | $1,624,100 CAD | Lot Size | 0.18 AC |
| Price Per AC | $9,022,776.67 CAD |
| Price | $1,624,100 CAD |
| Price Per AC | $9,022,776.67 CAD |
| Lot Size | 0.18 AC |
MULTIFAMILY DEVELOPMENT LAND FOR SALE ZONED MULTI-FAMILY (PSR3)
DESCRIPTION
MULTIFAMILY DEVELOPMENT LAND FOR SALE ZONED MULTI-FAMILY (PSR3) - Zoning: PSR3 – zoned for multifamily. Before the fire there were 6 units (2 stories) - Buyer may build 10% more than prior square footage pre-fires (3,997 SF x 10% bonus (399.7) = 4,397 SF) - Second story will have beautiful mountain views - The property has been cleared by the Army Core of Engineers - Great access through the alleyway in the back of the property - LA County Wildfire Final Property Clearance Form available upon request (clean Phase II) - Buyer Shall Cooperate with Sellers 1031 Exchange Prior Apartment Complex Configuration: - 2 - two bedrooms / one bathroom - 4 - one bedroom / one bathroom Downstairs units had private fenced yards Upstairs units had balconies - Laundry room - Storage room - Carport across the back at alley
PROPERTY TAXES
| Parcel Number | 5751-008-026 | Improvements Assessment | $508,275 CAD |
| Land Assessment | $518,649 CAD | Total Assessment | $1,026,924 CAD |
PROPERTY TAXES
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1210 N Altadena Dr
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