Lot/land
  • Listing Provided by: 

    Enrique Lizarazu DRE #00691382 626-818-0980,

    COMPASS

    Price cut: $50K (9/30)
    $1,015,000

    1156 Steuben St LOT 33, Pasadena, CA 91106

    --beds
    --baths
    6,807Square Feet
    Unimproved Land
    Built in ----
    6,807 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Transit-accessible neighborhoodSignificant development potential
    Unique investment opportunity in the heart of Pasadena—perfectly situated within walking distance to Colorado Boulevard, Pasadena City College, and Caltech. This property, zoned RM48, offers significant development potential in one of the most desirable and transit-accessible neighborhoods in the city. While the tax records show the property as a duplex, it is currently operating with five income-generating units. With an attractive Gross Rent Multiplier and Cap Rate, this asset allows you to collect income immediately while submitting plans for new construction or redevelopment. Offers are due 7/30/2025 at 6:00 pm
    91 days
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    213
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    5
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