$1,750,000
$1,815,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/16/2018
Key Details
Sold Price $1,750,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 17291044
Sold Date 04/16/18
HOA Y/N No
Property Description
We are pleased to present 174 & 180 S Rosemead Blvd, located in Pasadena, CA. These 2 parcels total 14,518 square feet (0.34 acres), and are being sold for their land value. 180 S Rosemead Blvd consists of 3 storefronts and 3 multifamily units in the rear. 174 S Rosemead Blvd is an adjacent parking lot for the retail. The land is zoned LCC2, which allows for up to 6 units mixed-use with various permitted and conditional uses (Buyer to verify, and is responsible for all due diligence), allowing a total of 12 units. This is a unique development opportunity in that 174 S Rosemead Blvd can be developed first, while the owner can collect rents and billboard revenue from 180 S Rosemead Blvd. The subject property is ideally situated proximate to the 210 Freeway, The Westfield Santa Anita, The Santa Anita Race Track and a myriad of dining and entertainment.
Location
State CA
County Los Angeles
Area 646 - Pasadena (Ne)
Zoning LCC2*
Interior
Fireplace No
Exterior
View Y/N Yes
Others
Tax ID 5755021018
Special Listing Condition Standard
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Bought with Filip Niculete • Marcus & Millichap
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "