Exceptional Tear-Down Opportunity to build a 9 unit Apartment Complex (Pending City Approval)! 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.
MLS #
CRP1-16310
MLS Source
California Regional MLS
Days on Site
299
Kitchen
None
Cooling
None
Heating
Wall Furnace
Pool
None
Garage/Parking
Garage, Garage: 3 Car(s)
HOA Fee
$0
Listing Agent
Brian Parsons
Keller Williams Realty
License #: 01712649
Phone: (626) 204-3390
Co-Listing Agent
Danny Barriga
Keller Williams Realty
License #: 00820918
Phone: (626) 204-3300
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | – | – |
314 N Holliston Ave is a Residential Income in Pasadena, CA 91106. This – square foot property sits on a 13,678 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,399,000 and was built in 1927.
This address can also be written as 314 N Holliston Ave, Pasadena, CA 91106.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of September 15, 2024. For the most current information, please contact Brian Parsons, (626) 204-3390