DEVELOPEMENT-READY INFILL SITE IN PASADENA. LOCATED ALONG NORTH ORANGE GROVE BLVD WITHIN THE CITY OF PASADENA'S FAIR OAKS / ORANGE GROVE SPECIFIC PLAN, THIS PROPERTY PRESENTS A RARE OPPORTUNITY TO ACQUIRE A CENTRALLY LOCATED INFILL PARCEL WITH STRONG RESIDENTIAL DEVELOPMENT POTENTIAL. THE SITE CONSISTS OF APPROXIMATELY 13,892 SQUARE FEET OF… Read More USABLE LAND, POSITIONED IN A WELL-ESTABLISHED RESIDENTIAL CORRIDOR WITH PROXIMITY TO OLD TOWN PASADENA, THE ROSE BOWL, MAJOR EMPLOYMENT CENTERS AND REGIONAL TRANSIT ROUTES. THE PARCEL IS SUITED FOR A SMALL-SCALE MULTI-FAMILY OR RESIDENTIAL INFILL PROJECT, SUBJECT TO CITY APPROVALS AND FINAL DESIGN REVIEW. PROPERTY HIGHLIGHTS: LOT AREA +/-13,892 SF ZONING / PLAN AREA: FAIR OAKS / ORANGE GROVE SPECIFIC PLAN (FOOG). DEVELOPMENT POTENTIAL: PRELIMINARY ANALYSIS SUPPORTS UP TO - 10 RESIDENTIAL UNITS (BUYER TO VERIFY). TOPOGRAPHY: GENERALLY USABLE INFILL PARCEL. UTILITIES: ALL UTILITIES AVAILABLE IN STREET. ACCESS: DIRECT FRONTAGE ALONG N ORANGE GROVE BLVD. DEVELOPMENT OVERVIEW: THE FAIR OAKS / ORANGE GROVE SPECIFIC PLAN ENCOURAGES WELL-DESIGNED RESIDENTIAL INFILL THAT COMPLEMENTS THE SURROUNDING NEIGHBORHOOD WHILE INCREASING HOUSING SUPPLY IN A HIGH-DEMAND PASADENA SUBMARKET. BASED ON LOT SIZE AND PLAN GUIDELINES, THE SITE MAY SUPPORT A LOW- TO MID-DENSITY RESIDENTIAL PROJECT, OFFERING AN ATTRACTIVE BALANCE OF UNIT YIELD, MANAGEABLE CONSTRUCTION SCALE AND LONG TERM INVESTMENT VALUE. Read Less
Listing courtesy of RE/MAX MASTERS REALTY.Nicholas Abbadessa
Listing Snapshot
Days Online
160
Last Updated
Beds
2
Full Baths
2
Square Ft.
1,228
Lot Size
0.32 Acres
Year Built
1923
MLS Number
CV-26003806
Additional Details
Property Access
Road surface type: "Paved"
Building
Building area total: 1,228, Levels: "One", 1 total story, Built in 1923
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Based on information from the California Desert Association of REALTORS® as
of . All data, including all measurements
and calculations of area, is obtained from various sources and has not been, and
will not be, verified by broker or MLS. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the
office/agent presenting the information
Source: Desert Association of REALTORS Listings last updated on ,
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