CA > Pasadena
Pasadena, CA,254 E Union ST
Pasadena, CA,254 E Union ST
Pasadena, CA,254 E Union ST
Pasadena, CA,254 E Union ST
Pasadena, CA,254 E Union ST
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Karen Iwakoshi

Karen Iwakoshi

+1(562) 595-3264
$ 8,500,000
Est. payment | /mo

0.5 Acres Lot

Save
$ 8,500,000
Est. payment | /mo
Save

0.5 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-18041

HOA Y/N No

Lot Size 0.499 Acres

Property Description

Rare opportunity to develop new condominiums in the heart of Old Town Pasadena. A new residential address is poised to rise on Union, moments from main street Colorado and surrounding Old Town Pasadena and around the corner from The Paseo Mall. This is city living at its best, highly scored for walking, biking and transit access (mere blocks from the Metro). The 59-unit structure, now in the 'Ready to Issue Permits' stage, enjoys views of Mt. Wilson, Pasadena City Hall and the San Gabriel Mountains. With over 53,000 square feet of living space on six stories, the Mediterranean style building will offer 28 two-bedroom/two-bath units and 25 one-bedroom/one-bath units, along with six studios. A roof terrace with spectacular city and mountain views, a second-floor open space common area, and three levels of subterranean parking/storage complete the amenities. One large retail space will anchor the street level, across the way from a small park. You simply couldn't live closer to the vibrant core of the city's historic district--and the heart of the charming urban Pasadena lifestyle.

Location

State CA

County Los Angeles

Area 648 - Pasadena (Se)

Zoning PSC

Interior

Fireplace No

Exterior

Fence None

Community Features Biking, Park, Sidewalks, Urban

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

View Y/N Yes

View City Lights, Courtyard, Hills, Mountain(s), Neighborhood

Building

Lot Description Sprinklers None

Water Public

Others

Senior Community No

Tax ID 5723026024

Acceptable Financing Cash, 1031 Exchange, Owner Will Carry

Listing Terms Cash, 1031 Exchange, Owner Will Carry

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Max Pellegrini • Engel & Voelkers Pasadena • maxpellegrinidilbeck@gmail.com
Karen Iwakoshi

Real Estate Consultant | License ID: 01971542

+1(562) 595-3264 | karen@iwakoshirealtor.com

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254 E Union ST