S Sierra Madre Blvd, Pasadena, Home For Sale

house for sale

Listed: 07/21/24

273 S Sierra Madre Blvd, Pasadena, California, 91107

42 Bed:

41 Bath:

28,274 Sq Ft Living Area:

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Price

$ 4,2M

About This House

We are pleased to present a rare development and investment opportunity just 1/3 of a mile to the San Marino city limit. The new owner will have the opportunity to develop a brand new, modern 26-unit apartment building project in the Unincorporated area of Pasadena. This development boasts a contemporary design, featuring 31 on-grade parking spaces ( No subterranean ) with a highly desirable unit mix, ensuring strong, long term rental demand. The future apartments benefit from the absence of Pasadena City rent control laws, providing a significant advantage for investors by maximizing potential returns.This opportunity is made even more attractive as the project will be delivered with fully approved plans and will be permit-ready (RTI), allowing for a expedited … Full description

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Houses for sale in Pasadena

Original listing

Lamanda Park Housing & Living

Household Income

Median household income: $76,264

Number of households: 54,734

The average household income in Pasadena, CA grew from $73,029 to $76,264 in the past year. This data is an estimate based upon 54,734 households in Pasadena, CA.
The chart below presents how household income is distributed in Pasadena, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Pasadena, CA compared to median property taxes around the country. The prevalent amount of property taxes in Pasadena, CA equals $3k+ , which is more than the national average.