254 Union Street

Pasadena, CA 91101

$8,500,000
Price
21,740 / 0.50
Lot Size / Acres

Description

Rare opportunity to develop new condominiums in the heart of Old Town Pasadena. A new residential address is poised to rise on Union, moments from main street Colorado and surrounding Old Town Pasadena and around the corner from The Paseo Mall. This is city living at its best, highly scored for walking, biking and transit access (mere blocks from the Metro). The 59-unit structure, now in the 'Ready to Issue Permits' stage, enjoys views of Mt. Wilson, Pasadena City Hall and the San Gabriel Mountains....Rare opportunity to develop new condominiums in the heart of Old Town Pasadena. A new residential address is poised to rise on Union, moments from main street Colorado and surrounding Old Town Pasadena and around the corner from The Paseo Mall. This is city living at its best, highly scored for walking, biking and transit access (mere blocks from the Metro). The 59-unit structure, now in the 'Ready to Issue Permits' stage, enjoys views of Mt. Wilson, Pasadena City Hall and the San Gabriel Mountains. With over 53,000 square feet of living space on six stories, the Mediterranean style building will offer 28 two-bedroom/two-bath units and 25 one-bedroom/one-bath units, along with six studios. A roof terrace with spectacular city and mountain views, a second-floor open space common area, and three levels of subterranean parking/storage complete the amenities. One large retail space will anchor the street level, across the way from a small park. You simply couldn't live closer to the vibrant core of the city's historic district—and the heart of the charming urban Pasadena lifestyle.
  1. Listed by Max Pellegrini • DRE #01196363 • Engel & Voelkers Pasadena

Property Details for 254 Union Street

Subdivision Name
Not Applicable
View
City Lights, Neighborhood, See Remarks, Mountain(s), Hills, Courtyard

Location

Listing Courtesy of Engel & Voelkers Pasadena, Max Pellegrini, DRE #01196363
Add your commute
LISTING UPDATED: 06/13/2024 07:55 AM

Property Details for 254 Union Street

StatusActive
MLS #P1-18041
Days on Market34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.50 AC
CountyLos Angeles County

Location

Listing Courtesy of Engel & Voelkers Pasadena, Max Pellegrini, DRE #01196363
Add your commute

Building Information for 254 Union Street

Lot Size0.50 AC

Payment Calculator

$46,388 per month

30 year fixed, 7.25% Interest

Principal and Interest

$46,388

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 254 Union Street

Summary
Location and General Information
  • Community Features: Biking, Park, Sidewalks, Urban
  • City: Pasadena
  • Country: US
  • Directions: Property is located on Union between Garfield Ave and Marengo Ave. Union is a one way street. Must come off Garfield Ave in order to access 254 E. Union Street.
  • Area: 648 - Pasadena SE
  • Unparsed Address: 254 East Union Street, Pasadena, CA 91107
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Other Annual Assessment Amount: $.00
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Features: Sprinklers None
  • Lot Size Acres: .50
  • Lot Size Square Feet: 21,740.00
  • Lot Size Area: 21,740.00
  • Lot Size Units: Square Feet
  • Parcel Number: 5723026024
  • Zoning: PSC
  • Property Type: Land
Property and Assessments
  • Documents Count: 0
  • Sign On Property: No
  • Senior Community: No
Utilities
  • Utilities: Electricity Available, Water Available, Sewer Available, Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: None
Interior Features
  • Total Bathrooms: 0
  • View: Yes
Multi Family
Multi-Family Information
  • Special Listing Conditions: Standard

Property History for 254 Union Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 254 Union Street

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
Charter - K to 8
Rating
School
Distance
McKinley School
PublicK to 8

Blair High School
Public6 to 12

Rose City High (Continuation) School
Public9 to 12

Odyssey Charter School - South
CharterK to 8

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

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254 Union Street is a 0.50 ac of land for sale in Pasadena, CA 91101. This property was listed for sale on June 13, 2024 by Engel & Voelkers Pasadena, it's currently listed at $8,500,000. This listing's school district is Pasadena Unified School District. Nearby schools include McKinley School, Blair High School and Rose City High (Continuation) School. 254 Union Street is a 0-bed, 0-bath, 0.50 ac of land on a 21,740 sq. ft. / 0.50 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 Engel & Voelkers Pasadena, Max Pellegrini, DRE #01196363

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.