$1,900,000
$1,599,000
18.8%For more information regarding the value of a property, please contact us for a free consultation.
1577 N Fair Oaks AVE Pasadena, CA 91103
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR16194518
Sold Date 05/24/17
HOA Y/N No
Year Built 1965
Tax Year 2014
Property Description
Opportunity knocks on this incredible multifamily or mixed use potential potential 26 unit development in the heart of Pasadena. Plans call for a total makeover of an existing multifamily to a desirable mixed use with up to 26 units with density bonus.
This project is sited on almost half an acre of land. There is an additional contiguous land on 25 Howard Street that can be purchased with this property.
All information provided to be verified by buyer or buyer's agent. Seller and Seller's broker has obtained information from the City of Pasadena Planning Department.
There are over 20 permitted uses for this property, one such use when the City reconciles the specific plan with the general plan is as described above to the broker by the City of Pasadena.
For further information, please contact listing agent.
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Interior
Fireplaces Type Bath, Dining Room, Gas, Living Room, Outside
Fireplace Yes
Exterior
Pool None
Community Features Curbs, Gutter(s), Street Lights, Sidewalks, Urban
Utilities Available Natural Gas Available, Sewer Available
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 5836024028
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Vic Deirmendjian • Strategic Realty