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Listed by Minnie Kim, DRE #02085118 • Premier Realty
$ 1,699,000
Est. payment | /mo
5 Beds
4 Baths
3,426 SqFt
$ 1,699,000
Est. payment | /mo
5 Beds
4 Baths
3,426 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,426 sqft
Price per Sqft $495
MLS Listing ID CRPW26239858
Bedrooms 5
Full Baths 4
Year Built 1920
Lot Size 38.860 Acres
Property Sub-Type Single Family Home
Source California Regional MLS
Property Description
ONE-OF-A-KIND opportunity in Pasadena's Villa Parke neighborhood. Dreaming of a storybook home full of timeless charm? Or a rare multi-family lot to build your next income property? This ±14,927 SF RM-32 property offers both. For the homeowner: hidden behind a lush natural hedge, this early-1900s classic feels like a scene from a romantic movie, complete with its own Romeo-and-Juliet balcony and walls of windows that pour in natural light. Approx. 3,426 SF with 5 bedrooms and 4 baths, ready for a full renovation, plus a sweeping backyard with room for ADUs or limitless potential to shine. For the investor: preliminary 8-unit plans are ready to go, with potential for 20+ units through state density bonus incentives for affordable housing . The City confirmed in 2021 that the home is not a historic landmark, giving you the flexibility to redevelop. Villa Parke is one of Pasadena's most walkable neighborhoods, minutes from the cafés, boutiques, and dining of Old Pasadena, the Metro A Line, and the 210, with Caltech, JPL, ArtCenter, and Huntington Hospital nearby. Lots like this rarely come to market. Schedule your private showing before this dream to be opportunity is gone.
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Interior
Cooling Central AC
Fireplaces Type Family Room, Other Location
Laundry In Laundry Room, Other
Exterior
Pool None
View Local/Neighborhood
Building
Water District - Public
Others
Tax ID 5725010032
Special Listing Condition Not Applicable
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Jim Black
Chief Lending Officer : Founder License ID: NMLS633511/1065732 DRE02089890