314 North Holliston Avenue

Pasadena, CA 91106

$1,549,000
Price
13,678 / 0.31
Lot Size / Acres

Description

Exceptional Tear-Down Opportunity with Plans for an 8-Unit Apartment Complex (Pending City Approval)! This unique investment opportunity presents the chance to acquire a multi-family property for redevelopment. The existing property, consisting of three units on a spacious 13,678 SF lot (as per Assessor), is poised for transformation. The unit breakdown includes 314 Holliston Ave - 2 bed/1 bath, 660 SF; 316 N Holliston Ave - 2 bed/1 bath, 580 SF; 318 N Holliston Ave - 3 bed/1 bath, 1,270 SF. Each...Exceptional Tear-Down Opportunity with Plans for an 8-Unit Apartment Complex (Pending City Approval)! This unique investment opportunity presents the chance to acquire a multi-family property for redevelopment. The existing property, consisting of three units on a spacious 13,678 SF lot (as per Assessor), is poised for transformation. The unit breakdown includes 314 Holliston Ave - 2 bed/1 bath, 660 SF; 316 N Holliston Ave - 2 bed/1 bath, 580 SF; 318 N Holliston Ave - 3 bed/1 bath, 1,270 SF. Each unit features a 1-car garage and separate metering for water, electricity, and gas. Notably, Unit 318 suffered fire damage in 2021 and has been vacant since. However, the property is being sold with renderings for a new construction—an 8-unit apartment complex, pending city approval. The other two units, one will be delivered vacant by the close of escrow, the other is very cooperative. Positioned in a densely populated apartment area, close to shopping and freeway access, this property is set to capture significant attention, offering a promising opportunity for the savvy investor.
  1. Listed by Brian Parsons • DRE #01712649 • Keller Williams Realty
  2. Listed by Danny Barriga • DRE #00820918 • Keller Williams Realty

Property Details for 314 North Holliston Avenue

Subdivision Name
Not Applicable
View
None

Location

Listing Courtesy of Keller Williams Realty, Brian Parsons, DRE #01712649; Keller Williams Realty, Danny Barriga, DRE #00820918
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LISTING UPDATED: 04/10/2024 08:29 PM

Property Details for 314 North Holliston Avenue

StatusActive
MLS #P1-16312
Days on Market93
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.31 AC
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Realty, Brian Parsons, DRE #01712649; Keller Williams Realty, Danny Barriga, DRE #00820918
Add your commute

Building Information for 314 North Holliston Avenue

Lot Size0.31 AC

Payment Calculator

$9,483 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,454

Property Taxes

$1,029

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 314 North Holliston Avenue

Summary
Location and General Information
  • Community Features: Curbs
  • City: Pasadena
  • Country: US
  • Directions: Corner of Carson and Holliston.
  • Area: 646 - Pasadena NE
  • Unparsed Address: 314 North Holliston Avenue, Pasadena, CA 91106
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Other Annual Assessment Amount: $982.00
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Features: Sprinklers None
  • Lot Size Acres: .31
  • Lot Size Square Feet: 13,678.00
  • Lot Size Area: 13,678.00
  • Lot Size Units: Square Feet
  • Zoning: PSR3
  • Property Type: Land
Property and Assessments
  • Documents Count: 2
  • Senior Community: No
Utilities
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Total Bathrooms: 0
  • View: No
Multi Family
Multi-Family Information
  • Special Listing Conditions: Standard

Property History for 314 North Holliston 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 314 North Holliston Avenue

Taxable ValueLand$925,000Additions$100,000Total$1,025,000
Tax Record2023$12,354 ($1,029 / month)
Home Facts
Total Finished SqFt2,510 SqFtAbove Grade Finished SqFt2,510 SqFtLot Size13,678 SqFtStyleTriplexYear Built1927ZoningPSR3CountyLOS ANGELESAPN5738-016-058

Schools near 314 North Holliston Avenue

This home is within Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Hamilton Elementary School
PublicK to 5

Woodrow Wilson Middle School
Public6 to 8

Pasadena High 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

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314 North Holliston Avenue is a 0.31 ac of land for sale in Pasadena, CA 91106. This property was listed for sale on January 25, 2024 by Keller Williams Realty, it's currently listed at $1,549,000. It has been on the market for a total of 93 days and was last sold on November 28, 2022. This listing's school district is Pasadena Unified School District. Nearby schools include Hamilton Elementary School, Woodrow Wilson Middle School and Pasadena High School. 314 North Holliston Avenue is a 0-bed, 0-bath, 0.31 ac of land on a 13,678 sq. ft. / 0.31 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 Keller Williams Realty, Brian Parsons, DRE #01712649; Keller Williams Realty, Danny Barriga, DRE #00820918

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.