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    154 N Mar Vista Avenue

    Pasadena, CA 91106
    • $1,650,000
    • STATUS: Active Under Contract
    • ON SITE: 229 Days
    • ID#: OC21042830
    Under Contract
    $1,650,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,024
      SQFT
    • $815
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2022
    County:

    School Ratings & Info

    Description

    Calling all builders! Looking for a new project? 154 N. Mar Vista is an RTI opportunity to build 6 gorgeous new condos/apartments, averaging 1600 sq.ft each.(1528-2118 sq.ft each) The plans call for over 10,000 sq.ft of living space to be built. This is a premium location near Old Town Pasadena and Lake District shopping. Future condo buyers will love the tree lined street, and the secure subterranean parking garage with personal storage for each unit. These high class living spaces were designed with today's buyers in mind, with high ceilings, and spacious living spaces. Have a look at the plans, and start getting excited about bringing this magnificent new building to life. Why bother starting from scratch, which could take you 8 or 9 years to obtain a building permit.(that's how long it's taken!) With this opportunity, you could close escrow and be building immediately. Currently there is a 3 unit tear-down apartment building of 2024 sq.ft, which can be vacated prior to close of escrow, please do not disturb occupants, or walk the lot without an appointment.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-17T00:26:10.927. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
    www.therealestategirl.com/homes/114642224
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    154 N Mar Vista Avenue Pasadena, CA 91106

    • Price: $1,650,000
    • Status: Active Under Contract
    • ID#: OC21042830
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    2,024
    SQFT
    $815
    $/SQFT
    2022
    Built
    Neighborhood:
    648 - Pasadena (SE)
    County:
    Los Angeles
    Area:
    648 - Pasadena (SE)
    Property Description
    Calling all builders! Looking for a new project? 154 N. Mar Vista is an RTI opportunity to build 6 gorgeous new condos/apartments, averaging 1600 sq.ft each.(1528-2118 sq.ft each) The plans call for over 10,000 sq.ft of living space to be built. This is a premium location near Old Town Pasadena and Lake District shopping. Future condo buyers will love the tree lined street, and the secure subterranean parking garage with personal storage for each unit. These high class living spaces were designed with today's buyers in mind, with high ceilings, and spacious living spaces. Have a look at the plans, and start getting excited about bringing this magnificent new building to life. Why bother starting from scratch, which could take you 8 or 9 years to obtain a building permit.(that's how long it's taken!) With this opportunity, you could close escrow and be building immediately. Currently there is a 3 unit tear-down apartment building of 2024 sq.ft, which can be vacated prior to close of escrow, please do not disturb occupants, or walk the lot without an appointment.
    Exterior Features

    Architectural Style Cottage Construction Materials Wood Siding Direction Faces West Foundation Details See Remarks Number Of Separate Electric Meters 1 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No View None View YN No

    Interior Features

    Common Walls 1 Common WallNo One Above Cooling None Cooling YN No Fireplace Features See Remarks Fireplace YN Yes Heating See Remarks Heating YN Yes Interior Features All Bedrooms Down

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features FoothillsUrban Contingency Rti Disclosures Cautions Call Agent Electric Standard Electric Expense 1200 Fuel Expense 1200 Garage YN No Gross Income 18000 Gross Scheduled Income 18000 Insurance Expense 1500 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 4000 New Construction YN No New Taxes Expense 15000 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 12000 Property Condition Building PermitFixerRepairs Major Rent Control YN No Senior Community YN No Sewer Unknown Special Listing Conditions Standard Trash Expense 500 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 1200 Water Source Public Zoning Psr4

    Listing provided courtesy of Michael Bojorquez of Coldwell Banker Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-17T00:26:10.927. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
     
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