Lizarazu & Associates Inc
Listed by Lizarazu & Associates Inc
$1,250,000
366 E Orange Grove
Details
APN 5725029016
Property Type Land
Sub Type Lots/Land
Acreage 0.233
Land | 0.233 acres
Marketing description
Rare opportunity to acquire a 10,135 sq. ft. rectangular lot within Pasadena's Fair Oaks/Orange Grove Specific Plan offering exceptional development potential. Zoned FGSP-C-3D, the property provides flexible opportunities for residential and pedestrian-oriented commercial development in one of Pasadena's evolving corridors. Based on current zoning regulations, the site may accommodate up to seven residential units, with the potential for additional units through applicable State density bonus provisions or special needs housing programs, subject to City approval and verification by the buyer. A similar lot size in the neighborhood accommodated 20 units for a special needs housing development. Please refer to the FGSP-C-3D Allowed Uses Supplement for permitted uses and development standards. The property is conveniently located near shopping, dining, public transportation, and numerous Pasadena amenities. Existing improvements include a two-story residence built in 1911 and a detached two-car garage. Tax Assessor records indicate approximately 2,030 square feet with four bedrooms and one bathroom. A Historic Resource Evaluation completed by the City of Pasadena in February 2025 concluded that the property does not meet the criteria for individual historic designation, providing additional clarity for future planning and redevelopment considerations. Please refer to the Notice of Determination supplement for additional information. The property is currently zoned FGSP-C-3D under the Fair Oaks/Orange Grove Specific Plan, which permits residential development at a maximum densi
Listing Contacts
Lizarazu & Associates Inc
Listed by Lizarazu & Associates Inc
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?





































