500 Pasadena Avenue Pasadena, CA - 91105

  • Status Active
  • MLS# AR19083912
  • List Price $5,150,000
  • Bedrooms N/A
  • Days On Market 93
  • Acres 0.71
  • Sq.ft 30929
  • Sale Type Standard
  • Type Land

Property Description

The Growth Investment Group is proud to present a unique development opportunity, located within walking distance to Old Town Pasadena, and just off Fair Oaks. The Property consists of 30,000 SF of flat land in the CD6 Zone (Fair Oaks Corridor) and presents the opportunity to develop Work/ Live units, Commercial, or a Medical Use with the proximity to Huntington Hospital. This particular pocket is screaming for new construction, as it seems to be the last area in Pasadena without new development. This land will give Developers a chance to build a very unique product, in a market filled with the appropriate demographic to take advantage of these units. Live/ Work can be a great opportunity for a Sole Proprietor/ Entrepreneur to purchase a home and office in very desirable area of Pasadena, and can be the next most desirable type of unit, with all the internet and work from home based businesses.

Features & Utilities

  • Water Public
  • Community Suburban
  • Driving Directions North of California, on the corner of Pasadena Ave and Palmetto
  • Lot Features Corner Lot,Lot 20000-39999 Sqft
  • ViewDesc Mountain(s)
Courtesy of Listing : GIG Real Estate Inc., Justin McCardle

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