155 Oak Knoll Avenue, Pasadena, CA 91101

Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
155 Oak Knoll Avenue,Pasadena, CA 91101
$7,850,000
  • 0.33 Acres
  • Lots / Land
  • Active
Listed by:q jensan cheng6268172818
Office:jenoak properties
MLS#:WS24231478
Source:CAREIL

Price summary

  • Price:$7,850,000

About this home

This property is offered for sale mainly for its land value. An ideal property for developers and builders: It has a lot size of 1/3 acre (66x220), zoned PSC (allowing a min of 87 units per acre; see Pasadena Land Use Map attached). The property can yield up to 29–32 buildable units. Check with the city for a high-density bonus unit allowance. It is centrally located in Pasadena's most desirable area, south of Colorado, west of Lake, close to Old Town Pasadena, Caltech, PCC, and Kaiser Permanente Medical School. Easy access to Fwy 110 to Downtown LA and Fwy 134 to Glendale. Presently, the property has 4 existing structures on the lot, consisting of 1 SFR, 1 duplex, and 2 fourplexes, with a GSI of up to $332,000 per year (pro forma). Great bonus while waiting for building permits! All structures are to be sold "as is." Submit your best offer by considering the number of buildable units and the value of all the new units after construction. All information provided is deemed reliable

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Home facts

  • Listing ID #:WS24231478
  • Added:318 day(s) ago
  • Updated:July 16, 2025 at 04:28 PM

Structure and exterior

  • Lot area:0.33 Acres

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$7,850,000
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