- – beds
- – baths
- 6,807 sqft
- 6,807 sqft lot
- $150 per sqft
- – on site
Unique investment opportunity in the heart of Pasadena—perfectly situated within walking distance to Colorado Boulevard, Pasadena City College, and Caltech. This property, zoned RM48, offers significant development potential in one of the most desirable and transit-accessible neighborhoods in the city. While the tax records show the property as a duplex, it is currently operating with five income-generating units. With an attractive Gross Rent Multiplier and Cap Rate, this asset allows you to collect income immediately while submitting plans for new construction or redevelopment.
Last checked:
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Last updated Jul 12, 2025
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MLS# CRPF25150795 —
This property is listed in more than one place. See it here, and here.
The Building
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Building Area Units:Square Feet
Room Dimensions
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Living Area:6807
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Living Area Units:Square Feet
Location
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Directions:South of Green St. and East of
The Property
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Property Type:Land
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Property Subtype:Unimproved Land
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Parcel Number:5735015003
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Zoning:PSR4
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Lot Features:Level
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Lot Size Area:0.16
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Lot Size Acres:0.16
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Lot Size SqFt:6807
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Lot Size Units:Acres
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View:None
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View:false
Listing Agent
- Contact info:
- Agent phone:
- (626) 639-1683
Taxes
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Tax Tract:4635.00
The Listing
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Listing Terms:Cash
The Community
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Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/12/25
Jul 12, 2025
|
Listed / Active | BRIDGE | $1,025,000 |