314 N Holliston AVE Pasadena, CA 91106
Active
$1,399,000
10%
Units
3 Beds
1 Baths
2,510 Area(sq.ft.)
13,678 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| 0 | 0 | $ 0 | $ 0 | $ 0 |
| MLS #: | P1-16310PF |
| Days On Market: | 248 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 557 |
| Year Built: | 1927 |
Property Details
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.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 0 |
| Net Operating Income: | $ 0 |
Structure
| Community Features: | Curbs |
| View Description: | None |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Garage |
Interior
| Cooking Appliances: | None |
| AC/Cooling: | None |
| Equipment: | None, Other |
| Heating: | Wall |
| Laundry: | Other |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
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