$475,000
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Amazing opportunity to develop not one, but TWO luxury homes in the highly coveted city of South Pasadena. Downward sloping lots with fantastic unobstructed views of downtown LA, San Gabriel Valley, and the bucolic rolling slopes and valleys of Elephant Hill and Monterey Hills. Favorable soils tests and letters from the city show a feasible project is ready to be built. South Pasadena is consistently rated as one of the safest cities in Los Angeles County and has some of the top ranked school districts in California making it an excellent community to build your dream home and raise a family. The property is centrally located near LA's major freeways, 3 gold line metro stations, and only a 15 minute drive to Downtown LA, Old town Pasadena, USC's Keck school of Medicine, and many of the San Gabriel's excellent restaurants, shops, and attractions.
There are a total of three parcels for sale:
1. APN 5308-021-001 3,940 sq ft with adjacent 1,600 sq foot of city land that can be acquired to build driveway or add on for a larger lot size. Asking $350,000
2. APN: 5308-020-027 13,416 Sq Ft lot asking $600,000
3, APN: 5308-020-020 flatter sloping 1,599 Sq Ft lot adjacent and contiguous to 13,416 sq foot lot. Can be combined to build an even larger home or ADU.
Foothills, Street Lights, Sidewalks, Valley
City Lights, Hills, Mountain(s), Pasture
Based on information from California Regional Multiple Listing Service, Inc. as of May 19th, 2024 at 2:21am PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.