Duplex · 3 recorded sales since 2021
Listing Agent: SUE FUNG (DRE #01112328) · Listing Office: CALIFORNIA DREAM REALTY · Contact: 626-288-9168 · Bought with: BENJAMIN HUNG · HUNG REALTY · MLS #WS21191332 · Source: CRMLS
Perfect lot for investor and unit developer - over 11,000 SF, zoned high density at RM32 (32 units per acres). Zoning density allows 8 units of new townhomes or condos. Just one block from Lake Ave. and 3 blocks from the 210 Freeway. A few blocks to heart of financial district in Pasadena, Lake Ave. and Colorado Blvd. Existing lot contains two well kept newly remodeled detached units, which allows income while waiting for the development permit process. Potential to add ADU or more units at large backyard. The City encourages affordable housing, inquire City's housing department for available programs for incentives and assistance. City offers a very low interest loan program for qualified ADU projects, please inquire further with City Planning and Housing.
Listing description from the November 2021 sale, as reported to CRMLS.