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17539277
17539278

W Walnut St, Pasadena, CA 91103

RB
CA CA 01301749
Land Advisors Organization Pasadena
Listed by Land Advisors Organization Pasadena
$8,000,000
755 days on market
Updated 103 days ago

Pasadena Micro Apartment Development

Details
APN 5737-007-011, 5737-007-012, 5737-007-057, 5737-007-060, 5737-007-065
Property Type Land
Sub Type Residential
Acreage 0.910

Land | 0.91 acres

Marketing description

Land Advisors is pleased to present 84 “Micro” units located convenient to everything in Pasadena. Within walking distance to both The California Institute of Technology and Pasadena City College, the project will provide efficient new units to students, faculty and local professionals who desire to live affordably in a central location to everything Pasadena has to offer.

Investment highlights

  • Rental rates and housing prices in Pasadena are at or near all-time highs.

  • The entire region is severely under-supplied in housing.

  • Offers residents a central location with close proximity to entertainment, public transportation, and employment.

  • Designed with a welcoming courtyard pool, spa, dog park, intimate, indoor lounge and gym.

  • 3 levels of Type 5 construction over an on grade type 1 parking structure.

  • 68 market rate units, 7 moderate income units, 4 low income units and 5 very low income units.

Listing Contacts

RB
CA CA 01301749
Land Advisors Organization Pasadena
Listed by Land Advisors Organization Pasadena

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Additional Information

Name
Richard Byrd
License
CA 01301749
Brokerage
Land Advisors Organization
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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