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Investment Highlights
- Preliminary Approval from City
- Fair Oaks/Orange Grove Specific Plan
- Build approx. 10 units
Executive Summary
Property Facts
1 Lot Available
Lot 5726018008
| Price | $2,300,000 | Lot Size | 0.28 AC |
| Price Per AC | $8,214,285.71 |
| Price | $2,300,000 |
| Price Per AC | $8,214,285.71 |
| Lot Size | 0.28 AC |
Development-Ready Infill Site in Pasadena.North Orange Grove Boulevard within the City of Pasadena’s Fair Oaks / Orange Grove Specific Plan. Preliminary analysis supports up to ~10 residential units.
Description
DEVELOPMENT-READY INFILL SITE IN PASADENA. Located along North Orange Grove Boulevard within the City of Pasadena’s Fair Oaks / Orange Grove Specific Plan, this property presents a rare opportunity to acquire a centrally located infill parcel with strong residential development potential. The site consists of approximately 13,892 square feet of usable land, positioned in a well-established residential corridor with proximity to Old Town Pasadena, the Rose Bowl, major employment centers, and regional transit routes. The parcel is suited for a small-scale multifamily or residential infill project, subject to City approvals and final design review. PROPERTY HIGHLIGHTS: Usable Lot Area: ±13,892 SF Zoning / Plan Area: Fair Oaks / Orange Grove Specific Plan (FOOG) Development Potential: Preliminary analysis supports up to ~10 residential units (buyer to verify) Topography: Generally usable infill parcel Utilities: All utilities available in street Access: Direct frontage along N Orange Grove Blvd DEVELOPMENT OVERVIEW The Fair Oaks / Orange Grove Specific Plan encourages well-designed residential infill that complements the surrounding neighborhood while increasing housing supply in a high-demand Pasadena submarket. Based on lot size and plan guidelines, the site may support a low- to mid-density residential project, offering an attractive balance of unit yield, manageable construction scale, and long-term investment value.
Property Taxes
| Parcel Number | 5726-018-008 | Improvements Assessment | $30,928 |
| Land Assessment | $123,766 | Total Assessment | $154,694 |
Property Taxes
Presented by
823 N Orange Grove Blvd
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