This Land Property is no longer advertised on LoopNet.com.

1501-1525 W Walnut St
Pasadena, CA 91101
Pasadena SRO · Land For Sale · 0.90 AC

Investment Highlights

  • Offers residents a central location with close proximity to entertainment, public transportation, and employment.
  • 3 levels of Type 5 construction over an on grade type 1 parking structure.
  • Offers residents a central location with close proximity to entertainment, public transportation, and employment.
  • 68 market rate units, 7 moderate income units, 4 low income units and 5 very low income units.

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
Total Lot Size 0.90 AC
Zoning CG - Commercial General (CG)

Description

The property located at 1501-1525 W Walnut St, Pasadena, CA 91101, spans 0.90 acres and is zoned Commercial General (CG), offering versatile development potential. All necessary utilities are available on-site, making the location well-suited for immediate development. The property is currently approved for the construction of 84 apartment units, providing a substantial opportunity for residential development in a dynamic and accessible area of Pasadena.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5737-007-060
  • 5737-007-012
  • 5737-007-016
Land Assessment
$4,333,066
Improvements Assessment
$336,840
Total Assessment
$4,669,906
  • Listing ID: 31752448

  • Date on Market: 5/9/2024

  • Last Updated:

  • Address: 1501-1525 W Walnut St, Pasadena, CA 91101

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