233 N Hudson Ave - Rd13 Zoned Acreage
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233 N Hudson Ave - Rd13 Zoned Acreage
0.38 Acres of Residential Land Offered at $7,200,000 in Pasadena, CA 91101
Investment Highlights
- In the heart of Pasadena
- Fully entitled plan
- approved 42 Condo over Commercial project
Executive Summary
Prime mid-Pasadena vacant lot with plan for 42 condos over commercial space. Set at the corner of Walnut just blocks from Old Pasadena shopping and dining, 233 North Hudson is an appealing central location accompanied by a fully entitled plan for a five-story mixed used development. This development has an Approved Concept Review, Approved Final Design Review, and Approved Vesting Tentative Tract Map that makes an attractive classic structure with some 5,784 square feet of ground floor commercial space, which may be dividable, topped by four levels of condominiums totaling approximately 31,466 square feet. Residents of the setting's elegant homes will enjoy more than 10,000 square feet of private and communal outdoor spaces including an intimate garden courtyard, private terraces on three of the four residential floors, and a spacious rooftop garden. Parking for 74 cars on three subterranean levels completes the structure. In addition to charming Old Town, the homes are moments from the Pasadena Playhouse, the shops and restaurants of the South Lake District, the freeway, the Metro, and schools.
Property Facts
1 Lot Available
Lot 1
Price | $7,200,000 | Lot Size | 0.38 AC |
Price Per AC | $19,123,505.98 |
Price | $7,200,000 |
Price Per AC | $19,123,505.98 |
Lot Size | 0.38 AC |
Very rare land development in Pasadena approved for 42 condos and Fully entitled plan for a five story mixed used development. Approved Final Design review, 5784 SQFT ground floor commercial space and 31,466 SQFT residential livable area.
Description
Vacant lot is used as storage for now. Approved plan.
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (78)
PROPERTY TAXES
Parcel Number | 5723-009-034 | Improvements Assessment | $0 |
Land Assessment | $6,255,653 | Total Assessment | $6,255,653 |
PROPERTY TAXES
Parcel Number
5723-009-034
Land Assessment
$6,255,653
Improvements Assessment
$0
Total Assessment
$6,255,653
zoning
Zoning Code | RD13, Pasadena (Residencial and Commercial mixed use.) |
RD13, Pasadena (Residencial and Commercial mixed use.) |
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233 N Hudson Ave - Rd13 Zoned Acreage
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