314 N Holliston Avenue
Pasadena, CA, 91106
$1,299,000
Beds
0 Baths
SqFt
0.31 Acres
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Exceptional Tear-Down Opportunity to build an apartment building or just fix up the current units! 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.

Property Details

Price:
$1,299,000
MLS #:
P1-20739
Status:
Pending
Baths:
0
Address:
314 N Holliston Avenue
Type:
Residential Income
Neighborhood:
646pasadenane
City:
Pasadena
Listed Date:
Feb 6, 2025
State:
CA
ZIP:
91106
Lot Size:
13,678 sqft / 0.31 acres (approx)
Year Built:
1927
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314 N Holliston Avenue
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