155 S Oak Knoll Avenue
Pasadena, CA 91101

  • – beds
  • – baths
  • – sqft
  • 14,510 sqft lot
  • on site

This property is offered for sale mainly for its land value. An ideal property for developers and builders:  It has a lot size of 14510 sq ft (or 1/3 acre), zoned PSC (allowing 60–87 units per acre, see Pasadena Land Use Map attached). The property can yield up to 28–31 buildable units. Check with the city for a high-density bonus unit allowance. There are a couple ongoing construction sites on the same street that have permits for 17 units on .20 ac (or 85 u/acre) and 19 units on .23 ac (or 84 u/acre). It is centrally located in Pasadena's most desirable area, south of Colorado, west of Lake, close to Old Town Pasadena, Cal Tech, PCC, and Kaiser Permanente Medical School. Easy access to Fwy 110 to Downtown LA and Fwy 134 to Glendale. Presently, the property has 4 existing structures on the lot, consisting of 1 SFR, 1 duplex, and 2 fourplexes, with a GSI of up to $332,000 per year (pro forma). Great bonus while waiting for building permits! All structures are to be sold "as is."  Submit your best offer by considering the number of buildable units and the value of all the new units after construction. A substantial profit! All information provided is deemed reliable but is not guaranteed and should be independently verified. Seller made no warranties or representations of any kind.

California Regional MLS logo Listed By CRMLS_CA / Q JENSAN CHENG / JENOAK PROPERTIES / 6262370101

Last checked: Checking… • Last updated May 1, 2024 •

MLS# WS24063203 —

This property is listed in more than one place. See it here, and here.

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Sale history

Date Event Source Price % Change
4/2/24
Price Changed CRMLS_CA $8,250,000
4/1/24
Listed / Active CRMLS_CA $1
11/21/20
Listed / Active CRMLS_CA

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Listing provided by broker:

Q JENSAN CHENG

JENOAK PROPERTIES

6262370101

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This land located in Downtown Pasadena, Pasadena, CA 91101 is currently for sale for $8,250,000. 155 S Oak Knoll Avenue is a – square foot land with – beds and – baths that has been on Estately for 31 days. 155 S Oak Knoll Avenue is in the Downtown Pasadena neighborhood of Pasadena and has a WalkScore® of 95, making it a walker’s paradise. This land is in the attendance area of Mckinley School and Blair School.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and JENOAK PROPERTIES. Based on information from California Regional Multiple Listing Service, Inc. as of 07:34 on May 02.

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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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