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477-483 and 495-495 1/2 S Hudson Avenue 2 Multifamily Properties Offered at $4,200,000 in Pasadena, CA
Investment Highlights
- 477-483 and 495-495 1/2 S Hudson Avenue - $4,200,000 FOR TWO PROPERTIES
- 477-483 S. Hudson: +/- 5,764 SF | 495 S. Hudson: +/- 2,460 SF
- Total land size of all 3 properties is +/-32,000 SF of Pasadena's most prime residential development land for sale. 48+ condos could be built
Executive Summary
Most Prime Residential Development Site in Pasadena, +/-32,000 SF combined, one short block from S. Lake Avenue
Total land size of all 3 properties is +/-32,000 SF of Pasadena's most prime residential development land for sale. 48+ condos could be built
Very rare to find two contiguous residential income properties on 477-495 1/2 S. Hudson Ave., one short block west of Lake Avenue.
Properties could be developed in the future and a developer could build more than 30 units with entitlement.
Properties provide favorable income while developer is obtaining entitlements.
Total land size of all 3 properties is +/-32,000 SF of Pasadena's most prime residential development land for sale. 48+ condos could be built
Very rare to find two contiguous residential income properties on 477-495 1/2 S. Hudson Ave., one short block west of Lake Avenue.
Properties could be developed in the future and a developer could build more than 30 units with entitlement.
Properties provide favorable income while developer is obtaining entitlements.
Property Facts
| Price | $4,200,000 | Number of Properties | 2 |
| Price / SF | $510.70 / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 8,224 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.48 AC |
| Status | Active |
| Price | $4,200,000 |
| Price / SF | $510.70 / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 8,224 SF |
| Total Land Area | 0.48 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 477 S Hudson Ave, Pasadena, CA 91101 | Multifamily | 5,764 SF | 1925 | - |
| 495 S Hudson Ave, Pasadena, CA 91101 | Multifamily | 2,460 SF | 1940 | - |
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Contacts
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Bill Ukropina, CRE -
Kathi Constanzo, CCIM, SIOR -
Robert Ip -
Christina Burdette -
Coldwell Banker Commercial Realty
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