Listing Courtesy of: Q Jensan Cheng - DRE #Active - Jenoak Properties
$5,988,000 Down payment assistance icon Calculate Payment

155 S Oak Knoll Avenue Pasadena, CA 91101

Cluster Residence
Beds
Baths
8,800 Sq. Ft.
0.33 Acre Lot
This property is offered for sale as a Residential Income Property as well as for its Land value (Land Listing id. WS20220302). It sits on a 1/3 acre lot with 4 building structures: a 2B2b Single Family Residence, one Duplex (with 2 studios), two 2-story Fourplexes (with one 2B1b, three 1B1b, and 4... Studios). Totaling 11 mixed units. It has 12 parking spots comprised of one 2-car garage, three 1-car garage and 7 outdoor parking spaces. Rent is very much below market, and the property has very low maintenance. Ideal for Builders and Investors: This property has a big bonus due to its Land Value alone. Zoned R60 (60 units/acre) allowing at least 20 units to be built on the lot, check with City for possibly more Density Bonus unit allowance. Centrally located in Pasadena most desirable area, South of Colorado, West of Lake, close to Old Town Pasadena, Cal Tech, PCC and the future Kaiser Permanente Medical School. It has easy access to Fwy 110 to Downtown LA and Fwy 134 to Glendale. Property is to be sold "as is", no repairs. One half unit is to be delivered empty at COE (Owners' shared unit - in remodeling stage). All information provided is deemed reliable but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Seller is a Real Estate Licensee and the Listing Broker in this transaction. Continue reading
MLS#
WS20244320
Property Type
Cluster
Status
Active
Year Built
1947
Square Feet
8,800 sq. ft
Price per Sq. Ft.
$680.45
Lot Size
0.33
Sewer
Public Sewer

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Example seller's savings based on a total commission of 3.99% vs. a traditional 6%. It is subject to change based on agreement between seller and agent. More
Listing Courtesy of: Q Jensan Cheng - DRE #Active - Jenoak Properties
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, barbara.simmons@xome.com, 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 11/23/2020 2:09:00 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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