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- LoopNet Team
254 E Union St
Pasadena, CA 91101
Land For Sale
·
0.50 AC
INVESTMENT HIGHLIGHTS
- Located in Old Town Pasadena
- Views
- Passive Income Potential
PROPERTY FACTS
| Property Type | Land | Proposed Use | Planned Unit Development |
| Property Subtype | Residential | Total Lot Size | 0.50 AC |
| Zoning | PSC - Commercial | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Planned Unit Development |
| Total Lot Size | 0.50 AC |
| Zoning | PSC - Commercial |
DESCRIPTION
Rare opportunity to develop new condominiums in the heart of Old Town Pasadena. A new residential address is poised to rise on Union, moments from main street Colorado and surrounding Old Town Pasadena and around the corner from The Paseo Mall. This is city living at its best, highly scored for walking, biking and transit access (mere blocks from the Metro). The 59-unit structure, now in the 'Ready to Issue Permits' stage, enjoys views of Mt. Wilson, Pasadena City Hall and the San Gabriel Mountains. With over 53,000 square feet of living space on six stories, the Mediterranean style building will offer 28 two-bedroom/two-bath units and 25 one-bedroom/one-bath units, along with six studios. A roof terrace with spectacular city and mountain views, a second-floor open space common area, and three levels of subterranean parking/storage complete the amenities. One large retail space will anchor the street level, across the way from a small park. You simply couldn't live closer to the vibrant core of the city's historic district—and the heart of the charming urban Pasadena lifestyle.
PROPERTY TAXES
| Parcel Number | 5723-026-024 | Improvements Assessment | $11,836 |
| Land Assessment | $10,050,440 | Total Assessment | $10,062,276 |
PROPERTY TAXES
