175 S Sierra Madre, Pasadena, CA 91107

• 6 beds |
• 3 baths

Property Description

RARE INVESTMENT OPPORTUNITY. 171-179 S Sierra Madre Blvd, Pasadena, CA 91107. Real Estate Investors & Developers: Opportunity to acquire a Large, five-unit multifamily property on a large 16,134 sq ft lot in a highly desirable southeast side of Pasadena. Zoned RM32, the property offers significant potential, including the possibility of building up to 12 homes (buyer to verify with the city). Property Highlights: 1) Five units across three separate buildings 2) Front House (175 S Sierra Madre) is a stand-alone Two-Story 2,848 sf Single House with its own driveway. This spacious, bright and airy, 4 bedroom, 2 bath craftsman-style home features a huge living room, family room, office, large kitchen, basement, front and large side yards. Similar single homes in the area are already worth millions of dollars. 3) Back Units: Four units, each with 2 bedrooms and 1 bath, and a dedicated garage. Two separate driveways for convenient access, one dedicated to the Front House and the other to the rear 4 units. Income and Development Potential: The property currently has stable, long-term tenants, providing an immediate opportunity to increase cash flow. Situated directly across from the newer Town & Country luxury townhomes, this lot is in a proven and high-demand area for new development. Prime Location: This property is located in Southeast side of Pasadena, next to San Marino, just two and a half blocks from Colorado Boulevard, the famous route of the annual Rose Parade. The location offers easy access to a variety of amenities, including grocery stores, retail shops, restaurants,

Listing Status:

Active

Listing Office:

T2 Realty : 626-598-1388

Listing Agent:

Tommy Thai : 626-389-3899

MLS ID:

AR25225770

Interior

• A/C: Wall/Window

Exterior

• General: N/K
• Pool: N/K

Construction

• General: 2 Story

Location

• Originating MLS: California Regional MLS
• County: Los Angeles

Lot

• Zoning: Assessor5747004039

Financial

• Source: California Regional MLS

This listing courtesy of Tommy Thai, T2 Realty