Property Description

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.

Features
: Wall Furnace
: No Air Conditioning
: See Remarks
: Other
: Other
Address Map
CA
Los Angeles
Pasadena
91106
314 N Holliston Avenue
0
W119° 52' 39''
N34° 9' 5.5''
Corner of Carson and Holliston.
MLS Addon
Keller Williams Realty
Brian Parsons
brianparsons@kw.com
CR132245861
CR247390
CR132240735

Residential Income For Sale

314 N Holliston Avenue, Pasadena, California 91106

2,510 Sqft
$1,399,000
Listing ID #CRP1-16310
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : CRP1-16310
Price : $1,399,000
Square Footage : 2,510 Sqft
Year Built : 1927
Lot Area : 13,678 Sqft
Status : Active
Property SubType : Other
Agent info
Michael Roberts
Contact Agent