Unfortunately, it is not currently on the market. However, there is a large inventory of Pasadena homes that are available. That's why it's important to have a professional, like me, representing you. We can help you find the perfect property, protect your interests, negotiate the best price, and ultimately contribute to bettering the quality of your life. Won't that be great!
First, it's not so much San Marino homes that are so valuable, it's San Marino property. This home sits on a 12,250 SF lot of prime San Marino land in the San Marino USD, only 1 1/2 blocks walking distance from Valentine Elementary.Secondly, it's a nice house. It has 6 bedrooms (Zillow's reported 5 is inaccurate)/4 bathrooms, including 2 master suites, 3,725 SF living space, and a heated pool and spa.Third, Zillow is a computer program and as such, is unaware of the occupancy status or general condition. That's why it's important to have a knowledgable agent, like me, representing you.
Yes, if the zoning changes from R1 to R3, the value of the property will increase as the potential land use increases. In this case, the zoning change will increase potential usage from a singe family residence to duplex, PUD, or possible condos.As far as the Zillow valuation goes, its formula is kept secret so we don't know what will happen. My guess is that it doesn't take into account zoning changes as it appears that Zillow uses only current land use. Thus, Zestimates will likely change after new construction has completed, titled, and recorded.For more details, you may contact me at wchee1@yahoo.com.
Is this house for sale?
Answer