314 N Holliston Avenue, Pasadena, CA 91106

About this property

Exceptional Tear-Down Opportunity to build an apartment building or just fix up the current units! 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.

Listing description from the March 2025 sale, as reported to CRMLS.

Sale history

$1,200,000

Sold March 2025 · listed $1,299,000, on market February 2025 · MLS #P1-20739 · Source: CRMLS

Listing Agent: Brian Parsons · Listing Office: Keller Williams Realty · Contact: (626) 204-3300 · Bought with: (R) Richard Diaz · First Family Homes

$1,025,000

Sold November 2022 · listed $1,200,000, orig. $1,600,000, on market September 2022 · MLS #P1-11114 · Source: CRMLS

Listing Agent: David Knight · Listing Office: Keller Williams DTLA · Contact: (213) 797-7000 · Bought with: David Knight · Keller Williams DTLA

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