15
See all 15 photos
$2,680,000
Est. payment /mo
0.37 Acres Lot
Contingent
175 S Sierra Madre Pasadena, CA 91107
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Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRAR25225770
Year Built 1957
Lot Size 0.375 Acres
Source California Regional MLS
Property 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 fo
Location
State CA
County Los Angeles
Area 648 - Pasadena (Se)
Interior
Heating Central Forced Air
Cooling Window / Wall Unit
Laundry In Kitchen
Exterior
Garage Spaces 10.0
Pool 31, None
View None
Building
Water District - Public
Others
Tax ID 5747004039
Special Listing Condition Not Applicable , Accepting Backups
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