290 N Oak Avenue
Pasadena, CA 91107
1408 sqft | 4 beds | 2.25 baths | 0.22 acres | #CV25060208
Description
Welcome to 290 N. Oak Ave., Pasadena, a duplex with incredible investment and development potential! This unique property features two separate units: The front unit (288 N Oak) consist of 2 bedrooms and 1 bathroom. The back unit (290 N Oak) is a fixer with 2 bedrooms 2 bathrooms all on a 9,382 Sq ft Lot.
Situated in a desirable Pasadena neighborhood, this property offers a fantastic opportunity for investors and developers alike. With a spacious lot and zoning allowances, the development potential (to be verified by Buyer) includes:
- Total development potential of 5 UNITS
- 3 DWELLING UNITS (can be 3 apartments, or 3 subdivided condo parcels) plus 2 ADU’s (additional dwelling units)
- Parcel is within major-transit-zone, therefore property also qualifies for a height-limit of 18 feet for the 2 ADUs, which means you can do 2-story ADUs.
- Buyer can refer to Pasadena City Planning website page titled “Multi-family ADU” for additional development standard regulations for the ADUs- No parking spaces required for the ADU due to proximity to major-transit routes (this is an allowed exception). Don’t miss your opportunity make sure to schedule your viewing today!
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: MATTHEW WONG (#CV40172)
Listing Office: EXP REALTY OF CALIFORNIA INC (#51535)
