Skip To Content
    Return to Previous Page

    155 S Oak Knoll Avenue

    Pasadena, CA 91101
    • $5,988,000
    • STATUS: Active
    • ON SITE: 12 days
    • ID#: WS20220302
    $5,988,000
    • 0
      BEDS
    • 0.33
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    This property is offered for sale for its Land Value. It has a lot size of 1/3 acre, zoned R60 (60 units /acre) which allows at least 20 units to be built, check with City for possibly more Density Bonus unit allowance. An ideal property for Developers and Investors. Centrally located in Pasadena most desirable area, South of Colorado, West of Lake, close to Old Town Pasadena, Cal Tech, PCC and the future Kaiser Permanente Medical School. Easy access to Fwy 110 to Downtown LA and Fwy 134 to Glendale. Best of both worlds: although advertised for sale here for its land value, the property is presently bringing in an AGI of approx. $200,000, and an NOI of $121,000, post property tax reassessment. It has 11 existing mixed units, consists of a 2B2b Single Family Residence, one 2B1b apartment, three 1B1b apt and 6 Studios. It has 12 parking spots which comprised of one 2-car garage, three 1-car garage and 7 outdoor parking spaces. And lots of room to improve or add on to the present building structures. This property is also listed as a Residential Income Property (Listing ID WS20244320). Property is to be sold "as is", no repairs. One half unit is to be delivered empty at COE (Owners' shared unit - in remodeling stage).All information provided is deemed reliable but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Seller is a Real Estate Licensee and the Listing Broker in this transaction.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-02T00:28:14.237. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.

    www.bestlahomefinder.com/homes/112057921
    Print Image

    155 S Oak Knoll Avenue Pasadena, CA 91101

    • Price: $5,988,000
    • Status: Active
    • ID#: WS20220302
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.33
    Acres
    Neighborhood:
    647 - Pasadena (SW)
    County:
    Los Angeles
    Area:
    647 - Pasadena (SW)
    Property Description
    This property is offered for sale for its Land Value. It has a lot size of 1/3 acre, zoned R60 (60 units /acre) which allows at least 20 units to be built, check with City for possibly more Density Bonus unit allowance. An ideal property for Developers and Investors. Centrally located in Pasadena most desirable area, South of Colorado, West of Lake, close to Old Town Pasadena, Cal Tech, PCC and the future Kaiser Permanente Medical School. Easy access to Fwy 110 to Downtown LA and Fwy 134 to Glendale. Best of both worlds: although advertised for sale here for its land value, the property is presently bringing in an AGI of approx. $200,000, and an NOI of $121,000, post property tax reassessment. It has 11 existing mixed units, consists of a 2B2b Single Family Residence, one 2B1b apartment, three 1B1b apt and 6 Studios. It has 12 parking spots which comprised of one 2-car garage, three 1-car garage and 7 outdoor parking spaces. And lots of room to improve or add on to the present building structures. This property is also listed as a Residential Income Property (Listing ID WS20244320). Property is to be sold "as is", no repairs. One half unit is to be delivered empty at COE (Owners' shared unit - in remodeling stage).All information provided is deemed reliable but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Seller is a Real Estate Licensee and the Listing Broker in this transaction.
    Exterior Features

    Fencing BlockMasonry Lot Features Lot 10000-19999 Sqft Lot Size Dimensions 66 X 220 Lot Size Source Assessor Lot Size Units Square Feet Survey Buyer Pays View None View YN No

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features SidewalksStreet Lights Country Us Distance To Water Comments 1 Elevation Units Feet Inclusions Coin Operated Washer And DryerAll Owner's Kitchen Appliances Land Lease YN No Lot Dimensions Source Assessor New Construction YN No Senior Community YN No Special Listing Conditions Standard Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Source Public Zoning Psc-

    Listing provided courtesy of Q Jensan Cheng of Jenoak Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-02T00:28:14.237. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.

     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_364978949-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_364978949-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_364978949-1.jpg
    Logo
    RE/MAX Masters
    475 E. Badillo Street
    Covina CA, 91723