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

Investment Highlights

  • Rental rates and housing prices in Pasadena are at or near all-time highs.
  • 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.
  • The entire region is severely under-supplied in housing.
  • Designed with a welcoming courtyard pool, spa, dog park, intimate, indoor lounge and gym.
  • 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

Land Advisors is pleased to present 84 “Micro” units located convenient to everything in Pasadena. Within walking distance to both The California Institute of Technology and Pasadena City College, the project will provide efficient new units to students, faculty and local professionals who desire to live affordably in a central location to everything Pasadena has to offer.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5737-007-012
  • 5737-007-060
  • 5737-007-016
Land Assessment
$4,333,066
Improvements Assessment
$336,840
Total Assessment
$4,669,906
  • Listing ID: 31763101

  • Date on Market: 5/10/2024

  • Last Updated:

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

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