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747 E Green St - Proposed 72 Unit Apt. or Condo Development 0.82 Acres of Commercial Land in Pasadena, CA 91101
Investment Highlights
- Approved mixed-use plan for 107 residential units with ground-floor retail.
- Located in Pasadena’s Central District near Colorado Boulevard and Playhouse District.
- Walking distance to shopping, dining, and entertainment venues.
- Two mid-rise buildings with subterranean parking and commercial frontage.
- Close to major transportation routes including 210 and 110 Freeways.
- Includes 14 affordable units meeting low-income housing requirements.
Executive Summary
This Pasadena Central District site offers a rare opportunity to develop a mixed-use project in one of Southern California’s most vibrant urban cores. The proposed plan includes 107 residential units—93 market-rate and 14 affordable—across two mid-rise structures with ground-floor commercial space and two levels of subterranean parking. The property spans 35,544± sq. ft. with frontages exceeding 100 feet, providing excellent visibility and access. Located steps from Colorado Boulevard and the Playhouse District, the site is surrounded by retail, dining, entertainment, and employment hubs. Its proximity to major freeways (210 & 110) and transit options enhances connectivity throughout the region. Investors can capitalize on strong demand for housing and mixed-use environments in Pasadena’s thriving market.
Property Facts
1 Lot Available
Lot
| Lot Size | 0.82 AC |
| Lot Size | 0.82 AC |
Signalized NEC lot in Pasadena’s Central District, approved for mixed-use development with 107 residential units, ground-floor retail, and subterranean parking. Prime location near Colorado Blvd. and major amenities.
Description
The property consists of a signalized NEC lot in Pasadena’s Central District Specific Plan area. It is approved for a mixed-use development with residential and commercial components. The site is near Colorado Boulevard, Playhouse North, and major transportation corridors including the 210 and 110 Freeways.
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Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 5734-013-004 | Improvements Assessment | $664,498 |
| Land Assessment | $2,280,189 | Total Assessment | $2,944,687 |
Property Taxes
Parcel Number
5734-013-004
Land Assessment
$2,280,189
Improvements Assessment
$664,498
Total Assessment
$2,944,687
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747 E Green St - Proposed 72 Unit Apt. or Condo Development
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