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469-475 S Hudson Ave, Pasadena, CA 91101 469 S Hudson Ave 4 Unit Apartment Building $2,200,000 ($550,000/Unit) Pasadena, CA 91101
Investment Highlights
- PRIME DOWNTOWN PASADENA LOCATION, ONE VERY SHORT BLOCK WEST OF SOUTH LAKE AVENUE AND MANY RETAIL AMENITIES
- Property can be combined with two parcels adjacent to the south which will give on owner about 31,000 square feet of land and 48+ residential units co
Executive Summary
PRIME DOWNTOWN PASADENA LOCATION, ONE VERY SHORT BLOCK WEST OF SOUTH LAKE AVENUE AND MANY RETAIL AMENITIES
Property can be combined with two parcels adjacent to the south which will give on owner about 31,000 square feet of land and 48+ residential units could be developed, with entitlements.
Well-located multifamily asset in the heart of Pasadena, walk one short block east to Southlake Avenue, and many retail amenities.
Rare Assemblage Opportunity: Purchase alongside 477-483 S Hudson Ave and 495-495½ S Hudson Ave for $6,600,000 — a contiguous 3-property site with potential to develop up to 48 condominium units*, subject to entitlements.
A unique chance to acquire and reposition 3 Hudson Avenue properties in one of Pasadena's most sought-after infill locations.
Call Agents for Income and Expenses.
Property can be combined with two parcels adjacent to the south which will give on owner about 31,000 square feet of land and 48+ residential units could be developed, with entitlements.
Well-located multifamily asset in the heart of Pasadena, walk one short block east to Southlake Avenue, and many retail amenities.
Rare Assemblage Opportunity: Purchase alongside 477-483 S Hudson Ave and 495-495½ S Hudson Ave for $6,600,000 — a contiguous 3-property site with potential to develop up to 48 condominium units*, subject to entitlements.
A unique chance to acquire and reposition 3 Hudson Avenue properties in one of Pasadena's most sought-after infill locations.
Call Agents for Income and Expenses.
Property Facts
| Price | $2,200,000 | Property Subtype | Apartment |
| Price Per Unit | $550,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.24 AC |
| Sale Condition | Redevelopment Project | Building Size | 4,842 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1916 |
| Zoning | PSR4 - Heavy Residential | ||
| Price | $2,200,000 |
| Price Per Unit | $550,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 4,842 SF |
| No. Stories | 2 |
| Year Built | 1916 |
| Zoning | PSR4 - Heavy Residential |
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Very walkable
80/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 5734-029-014 | Improvements Assessment | $87,637 |
| Land Assessment | $94,940 | Total Assessment | $182,577 |
Property Taxes
Parcel Number
5734-029-014
Land Assessment
$94,940
Improvements Assessment
$87,637
Total Assessment
$182,577
Contacts
-
Bill Ukropina, CRE -
Kathi Constanzo, CCIM, SIOR -
Robert Ip -
Christina Burdette -
Coldwell Banker Commercial Realty
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