340 S Madison Av Pasadena, CA 91101

$3,200,000
Pasadena, CA   91101
0 Beds, 0.0 Baths, 0 sq ft, 20,021 sq ft lot, Built in 1905
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0 Beds,
0.0 Baths,
0 sq ft,
20,021 sq ft lot
Built in 1905

Description

MLS# 18307414

We are pleased to present a vacant 6,402 SF building sitting on a 20,020 SF lot in Prime Pasadena. The offering consists of a 4 legal units plus 2 units non-conforming. The 4 legal units are as follows: 3 extremely spacious 1 bedroom 1 bathroom units upstairs and 1 very spacious 2 bedroom 2 bathroom unit downstairs. Units feature large kitchens, living rooms and fireplaces. The 2 non-conforming units are as follows: 1 studio 1 bathroom unit and 1 one bedroom one bathroom unit both with private entrances. The offering is ideally situated near The California Institute of Technology, Pasadena City College, The Shops On South Lake Avenue and ample dining and entertainment. In addition, the subject property is zoned RM-32 which offers the added opportunity for an investor to build up to 15 units by right. (Buyer to verify with the City of Pasadena.) Listed by Filip Niculete, Marcus & Millichap.

Description

MLS# 18307414

We are pleased to present a vacant 6,402 SF building sitting on a 20,020 SF lot in Prime Pasadena. The offering consists of a 4 legal units plus 2 units non-conforming. The 4 legal units are as follows: 3 extremely spacious 1 bedroom 1 bathroom units upstairs and 1 very spacious 2 bedroom 2 bathroom unit downstairs. Units feature large kitchens, living rooms and fireplaces. The 2 non-conforming units are as follows: 1 studio 1 bathroom unit and 1 one bedroom one bathroom unit both with private entrances. The offering is ideally situated near The California Institute of Technology, Pasadena City College, The Shops On South Lake Avenue and ample dining and entertainment. In addition, the subject property is zoned RM-32 which offers the added opportunity for an investor to build up to 15 units by right. (Buyer to verify with the City of Pasadena.) Listed by Filip Niculete, Marcus & Millichap.

Area
AREA: 648 - Pasadena (SE)
COUNTY: LA
Building Info
STORIES: 3
PARKING: Other
COOLING: None
LAUNDRY: None
Interior Features
APPLIANCES: None
Community
UNITS TOTAL: 4
STORIES TOTAL: 3
Land
ZONE: PSR3
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