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

231 N Hill Ave
Pasadena, CA 91106
 58-Unit Development Opportunity RTI · Land For Sale · 0.55 AC

Commercial Land Parcels California Pasadena 231 N Hill Ave, Pasadena, CA 91106

Investment Highlights

  • New Ownership Will be Delivered RTI Plans for 58 SRO units (Micro-Unit) for a Co-Living Development Project.
  • Highly Sought-After Market due to High Average Household Income, Density, New Developments, Popular Attractions, Schools & Employment Opportunities.
  • Pasadena has One of the Highest Amounts of Single Occupants with Over 38% of Households being Single Occupants.
  • Close to Highly Renowned Schools & Tech Companies which Drives Rental Growth, Attracts High-Income Tenant Profiles, & Minimizes Leasing Times.
  • Walk Score of 90 ‘Walker’s Paradise’- Daily Errands Do Not Require a Car. Residents are a 10 minute Walk From the Metro Gold Line, Schools, and More.
  • Subject Property is Located Within One Mile of Caltech and Pasadena City College with Numerous Other Schools in the Area.

Property Facts

Property Type Land Proposed Use
Multifamily
  • Apartment Units
Property Subtype Commercial Total Lot Size 0.55 AC
Zoning CG - General Commercial
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.55 AC
Zoning CG - General Commercial
 

  • Listing ID: 27492664

  • Date on Market: 1/11/2023

  • Last Updated:

  • Address: 231 N Hill Ave, Pasadena, CA 91106

The Catalina Villas Land Property at 231 N Hill Ave, Pasadena, CA 91106 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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