469 S Hudson Ave - Apartments FOR SALE


Pasadena, CA 91101- Playhouse Village
$2,200,000 USD
626-233-0383
469 S Hudson Ave, Pasadena, CA for Sale
$2,200,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

469 S Hudson Ave
Pasadena, CA 91101
Playhouse Village


HIGHLIGHTS

  • PRIME DOWNTOWN PASADENA LOCATION, ONE VERY SHORT BLOCK WEST OF SOUTH LAKE AVENUE AND MANY RETAIL AMENITIES
  • Property can be combined with two parcels adjacent to the south which will give on owner about 31,000 square feet of land and 48+ residential units co

OVERVIEW

Most Prime Residential Development Site in Pasadena, +/-32,000 SF combined, one short block from S. Lake Avenue Northernmost building - 469-475 S Hudson Ave, Pasadena, CA 91101 Total land size of all 3 properties is +/-32,000 SF of Pasadena's most prime residential development land for sale. 48+ condos could be built can be sold separately Property can be combined with two parcels adjacent to the south which will give on owner about 31,000 square feet of land and 48+ residential units could be developed, with entitlements. Well-located multifamily asset in the heart of Pasadena, walk one short block east to Southlake Avenue, and many retail amenities. Rare Assemblage Opportunity: Purchase alongside 477-483 S Hudson Ave and 495-495½ S Hudson Ave for $6,400,000 — a contiguous 3-property site with potential to develop up to 48 condominium units*, subject to entitlements. A unique chance to acquire just this building and reposition 3 South Hudson Avenue properties in one of Pasadena's most sought-after infill locations.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$454 USD /SF

# OF UNITS

4

PRICE/UNIT

$550,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

469-475 S Hudson Ave, Pasadena, CA 91101

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1916

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,582 SF

ZONING

PSR4

APN/PARCEL ID

5734-029-014

ASK ABOUT THIS PROPERTY

Bill Ukropina, CREColdwell Banker Commercial RealtyMore Info
626-233-0383

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Bill Ukropina, CREColdwell Banker Commercial RealtyMore Info
626-233-0383

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.