481 East Maple Street

Pasadena, CA 91101

$538,000
Last Sold Price
8,208 / 0.19
Lot Size / Acres

Description

I am pleased to offer for sale a duplex development site at 481 E Maple Street located in Pasadena. Situated on a 8,208 parcel of flat land, the property provides a great opportunity for a developer to acquire a rare asset in one of the hottest markets in Pasadena with multiple developments in the immediate area. The subject property is in close proximity to numerous restaurants, cafes, bars, theaters, grocery stores, gyms, and entertainment choices on Lake Avenue, Colorado Boulevard, and South Arroyo...I am pleased to offer for sale a duplex development site at 481 E Maple Street located in Pasadena. Situated on a 8,208 parcel of flat land, the property provides a great opportunity for a developer to acquire a rare asset in one of the hottest markets in Pasadena with multiple developments in the immediate area. The subject property is in close proximity to numerous restaurants, cafes, bars, theaters, grocery stores, gyms, and entertainment choices on Lake Avenue, Colorado Boulevard, and South Arroyo Parkway. 481 E Maple Street is in a desirable, attraction-rich location, and is walking distance from renowned schools at California Institute of Technology and Pasadena City College. Metro Gold Line transit rail and Interstate 210 freeway access are nearby. The Site has RTI Plans for a Duplex Consisting of (2) Two Bedroom & Two Bathroom Units. There will be a Total of Four Garage Parking Spaces. Each Unit will be Two Stories and Have In-Unit Laundry. This rare development opportunity located Pasadena allows new ownership to maximize income with regards to total square footage and will allow an investor to achieve superior future returns, making 481 E Maple Street an excellent acquisition opportunity.
  1. Listed by Sean Rosenzweig • DRE #01406343 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 481 East Maple Street

Zoning
PSR4
Parcel Number
5731021064
Area
Pasadena NE (646)
Lot Size Area
8208
Source Lot Size Area
Assessor
Assessor Parcel Number
5731-021-064
Directions
On the north side of Maple St in between Los Robles Ave and N Lake Ave.

Location

Listing Courtesy of Marcus & Millichap, Sean Rosenzweig, DRE #01406343

Sold By Marcus & Millichap, Sean Rosenzweig, DRE #01406343

Add your commute
LISTING UPDATED: 06/14/2023 05:04 PM

Property Details for 481 East Maple Street

StatusSold
MLS #23-262523
Days on Market54
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.19 AC
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Sean Rosenzweig, DRE #01406343

Sold By Marcus & Millichap, Sean Rosenzweig, DRE #01406343

Add your commute

Building Information for 481 East Maple Street

Lot Size0.19 AC

Payment Calculator

$2,936 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,936

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 481 East Maple Street

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Acreage: 0.1884
  • Lot Size Square Feet: 8208
  • Telephone: 0.0
  • Cable: 0.0
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 04-20-2023

Property History for 481 East Maple Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 481 East Maple Street

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 - 9 to 12
Rating
School
Distance
Madison Elementary School
PublicK to 5

Octavia E. Butler Magnet School
Public6 to 8

John Muir High School
Public9 to 12

Rose City High (Continuation) School
Public9 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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Similar Sold Homes

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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 Marcus & Millichap, Sean Rosenzweig, DRE #01406343

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.