290 N Oak Avenue Pending

Pasadena,CA 91107

$ 888888

4 Beds

3 Baths

1408 SqFt


Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Pending

Purchase Type For Sale

Square Footage 1,408 sqft

Price per Sqft $631

MLS Listing ID CV25060208

Style Townhome

Bedrooms 4

Full Baths 2

Half Baths 1

Year Built 1918

Lot Size 9,385 Sqft

Property Sub-Type Townhome

Property Description

Welcome to 290 N. Oak Ave., Pasadena, a duplex with incredible investment and development potential! This unique property features two separate units: The front unit (288 N Oak) consist of 2 bedrooms and 1 bathroom. The back unit (290 N Oak) is a fixer with 2 bedrooms 2 bathrooms all on a 9,382 Sq ft Lot. Situated in a desirable Pasadena neighborhood, this property offers a fantastic opportunity for investors and developers alike. With a spacious lot and zoning allowances, the development potential (to be verified by Buyer) includes: - Total development potential of 5 UNITS - 3 DWELLING UNITS (can be 3 apartments, or 3 subdivided condo parcels) plus 2 ADUs (additional dwelling units) - Parcel is within major-transit-zone, therefore property also qualifies for a height-limit of 18 feet for the 2 ADUs, which means you can do 2-story ADUs. - Buyer can refer to Pasadena City Planning website page titled Multi-family ADU for additional development standard regulations for the ADUs- No parking spaces required for the ADU due to proximity to major-transit routes (this is an allowed exception). Dont miss your opportunity make sure to schedule your viewing today!
Welcome to 290 N. Oak Ave., Pasadena, a duplex with incredible investment and development potential! This unique property features two separate units: The front unit (288 N Oak) consist of 2 bedrooms and 1 bathroom. The back unit (290 N Oak) is a fixer with 2 bedrooms 2 bathrooms all on a 9,382 Sq ft Lot. Situated in a desirable Pasadena neighborhood, this property offers a fantastic opportunity for investors and developers alike. With a spacious lot and zoning allowances, the development potential (to be verified by Buyer) includes: - Total development potential of 5 UNITS - 3 DWELLING UNITS (can be 3 apartments, or 3 subdivided condo parcels) plus 2 ADUs (additional dwelling units) - Parcel is within major-transit-zone, therefore property also qualifies for a height-limit of 18 feet for the 2 ADUs, which means you can do 2-story ADUs. - Buyer can refer to Pasadena City Planning website page titled Multi-family ADU for additional development standard regulations for the ADUs- No parking spaces required for the ADU due to proximity to major-transit routes (this is an allowed exception). Dont miss your opportunity make sure to schedule your viewing today!

Location

State CA

County Los Angeles

Area Pasadena (91107)

Zoning PSR1

Interior

Flooring Wood

Laundry Garage

Exterior

Parking Features Garage

Garage Spaces 2.0

Fence Needs Repair,Chain Link

Utilities Available Electricity Connected,Sewer Connected,Water Connected

View Mountains/Hills,Neighborhood

Building

Lot Description Curbs,Sidewalks

Story 1

Sewer Public Sewer

Water Public

Others

Monthly Total Fees $48

Acceptable Financing Exchange

Listing Terms Exchange

Special Listing Condition Standard

View More
Favorite Go Tour