175 S Sierra Madre Blvd, Condo with 0 bedrooms, 0 bathrooms and 10 parking in Pasadena CA | Image 1

$2,680,000

175 S Sierra Madre Blvd, Pasadena, CA

Name: 175 S Sierra Madre Blvd, For Sale in Pasadena - eXp Realty
Brand: T2 Realty
SKU: AR25225770
Price: 2680000 CAD

Condo

For Sale

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0010

Key Facts
Description
Map

Key Facts

Type Apartment

Levels Residential Income

Size -

Garage Yes

HOA Fees

Taxes

Days Active 2

Approx. Age 1957

MLS® Number AR25225770

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

RARE INVESTMENT OPPORTUNITY. 171-179 S Sierra Madre Blvd, Pasadena, CA 91107. Real Estate Investors & Developers: Opportunity to acquire a Large, five-unit multifamily property on a large 16, 134 sq ft lot in a highly desirable southeast side of Pasadena. Zoned RM32, the property offers significant potential, including the possibility of building up to 12 homes (buyer to verify with the city). Property Highlights: 1) Five units across three separate buildings 2) Front House (175 S Sierra Madre) is a stand-alone Two-Story 2, 848 sf Single House with its own driveway. This spacious, bright and airy, 4 bedroom, 2 bath craftsman-style home features a huge living room, family room, office, large kitchen, basement, front and large side yards. Similar single homes in the area are already worth millions of dollars. 3) Back Units: Four units, each with 2 bedrooms and 1 bath, and a dedicated garage. Two separate driveways for convenient access, one dedicated to the Front House and the other to the rear 4 units. Income and Development Potential: The property currently has stable, long-term tenants, providing an immediate opportunity to increase cash flow. Situated directly across from the newer Town & Country luxury townhomes, this lot is in a proven and high-demand area for new development. Prime Location: This property is located in Southeast side of Pasadena, next to San Marino, just two and a half blocks from Colorado Boulevard, the famous route of the annual Rose Parade. The location offers easy access to a variety of amenities, including grocery stores, retail shops, restaurants, and public transportation, including the Metro rail station.Show Description

MLS® NumberAR25225770

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelIn Kitchen

Exposure

Exterior

GarageYes

Approx. Age1957

Stories2

Pets

Corp Number

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatCentral

A/CWall Window Units

Heating Fuel

Extras

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eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny – Designated Broker

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