401 North Chester Avenue
Redevelopment
Marketing description
Lot size 22,497 Sq Ft, Zoning RM 48 (including 3 parcel - 5739-003-036,037, & 040) Base can build 24 units condo/apartments or Standard 50% bonus can build 36 units and Max Stacked 100% bonus then can build 48 units. ( Please check with City of Pasadena building department)
Pasadena Unified School District. nearby schools include Pasadena Rosebud Academy, Eliot Arts Magnet and Pasadena High School.
Investment highlights
Currently property there are totally 5 units (401 N Chester Ave is SFR, 407 N Chester Ave is 3 - plex and 415 N Chester Ave is SFR) with a monthly income of $7,885.00
Lot size 22,497 Sq Ft, Zoning RM 48 (including 3 parcel - 5739-003-036,037, & 040) Base can build 24 units condo/apartments or Standard 50% bonus can build 36 units and Max Stacked 100% bonus then can build 48 units. ( Please check with City of Pasadena building department)
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