155 South Oak Knoll Avenue

Pasadena, CA 91101

$8,250,000
Price
14,510 / 0.33
Lot Size / Acres

Description

This property is offered for sale mainly for its land value. An ideal property for developers and builders: 
It has a lot size of 14510 sq ft (or 1/3 acre), zoned PSC (allowing 60–87 units per acre, see Pasadena Land Use Map attached). The property can yield up to 28–31 buildable units. Check with the city for a high-density bonus unit allowance. There are a couple ongoing construction sites on the same street that have permits for 17 units on .20 ac (or 85 u/acre) and 19 units on .23 ac (or 84 u/acre).
...This property is offered for sale mainly for its land value. An ideal property for developers and builders: 

It has a lot size of 14510 sq ft (or 1/3 acre), zoned PSC (allowing 60–87 units per acre, see Pasadena Land Use Map attached). The property can yield up to 28–31 buildable units. Check with the city for a high-density bonus unit allowance. There are a couple ongoing construction sites on the same street that have permits for 17 units on .20 ac (or 85 u/acre) and 19 units on .23 ac (or 84 u/acre). It is centrally located in Pasadena's most desirable area, south of Colorado, west of Lake, close to Old Town Pasadena, Cal Tech, 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. A hefty profit! All information provided is deemed reliable but is not guaranteed and should be independently verified. Seller made no warranties or representations of any kind.
  1. Listed by Q JENSAN CHENG • DRE #00940973 • Brokerage DRE #00940973 • JENOAK PROPERTIES • 6262370101

Property Details for 155 South Oak Knoll Avenue

View
None
Lot Size Source
Assessor
Assessor Parcel Number
5734-023-020
New Construction
No
Pool
No
View
No
Association
No
Association Fee
$.00

Location

Listing Courtesy of JENOAK PROPERTIES, Q JENSAN CHENG, DRE #00940973
Add your commute
LISTING UPDATED: 04/16/2024 10:09 PM

Property Details for 155 South Oak Knoll Avenue

StatusActive
MLS #WS24063203
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.33 AC
CountyLos Angeles County

Location

Listing Courtesy of JENOAK PROPERTIES, Q JENSAN CHENG, DRE #00940973
Add your commute

Building Information for 155 South Oak Knoll Avenue

Lot Size0.33 AC

Payment Calculator

$46,195 per month

30 year fixed, 7.25% Interest

Principal and Interest

$45,024

Property Taxes

$1,171

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 155 South Oak Knoll Avenue

Income / Expense / Tax Details
Tax / Assessment Info
  • CFD/Mello-Roos Fee: $1,628
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Exterior Features
  • View Description: None
Distance To
  • Distance To Water: 1
Land/Lot Info
  • Sign on Property: No
  • Lot Features: Lot 10000-19999 Sqft, Rectangular Lot
  • Survey: Buyer Pays
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Water: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 155 South Oak Knoll Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 155 South Oak Knoll Avenue

Taxable ValueLand$832,846Additions$288,934Total$1,121,780
Tax Record2023$14,054 ($1,171 / month)
Home Facts
Total Finished SqFt5,881 SqFtAbove Grade Finished SqFt5,881 SqFtLot Size14,510 SqFtStyleMulti-Family Res (5+ Units)Year Built1916ZoningPSC-CountyLOS ANGELESAPN5734-023-020

Schools near 155 South Oak Knoll Avenue

This home is within Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 12
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
McKinley School
PublicK to 8

Blair High School
Public6 to 12

Rose City High (Continuation) School
Public9 to 12

Marshall Fundamental School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

155 South Oak Knoll Avenue is a 0.33 ac of land for sale in Pasadena, CA 91101. This property was listed for sale on April 1, 2024 by JENOAK PROPERTIES, it's currently listed at $8,250,000. This listing's school district is Pasadena Unified School District. Nearby schools include McKinley School, Blair High School and Rose City High (Continuation) School. 155 South Oak Knoll Avenue is a 0-bed, 0-bath, 0.33 ac of land on a 14,510 sq. ft. / 0.33 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of JENOAK PROPERTIES, Q JENSAN CHENG, DRE #00940973

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.