Listed by Coldwell Banker Commercial NRT Pasadena
$2,200,000
469-475 S Hudson Ave
Details
APN 5734-029-014
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,842
Units 4
Year Built 1916
Buildings 1
Lot Size (SqFt) 10,582
Investment Type Redevelopment
PRIME DOWNTOWN PASADENA LOCATION, ONE VERY SHORT BLOCK WEST OF SOUTH LAKE AVENUE AND MANY RETAIL AME
Marketing description
Well-located multifamily asset in the heart of Pasadena, walk one short block east to Southlake Avenue, and many retail amenities.
Rare Assemblage Opportunity: Purchase alongside 477-483 S Hudson Ave and 495-495½ S Hudson Ave for $6,600,000 — a contiguous 3-property site with potential to develop up to 48 condominium units*, subject to entitlements.
A unique chance to acquire and reposition 3 Hudson Avenue properties in one of Pasadena's most sought-after infill locations. Call Agents for Income and Expenses.
Investment highlights
- Property can be combined with two parcels adjacent to the south which will give on owner about 31,000 square feet of land and 48+ residential units could be developed, with entitlements
- PRIME DOWNTOWN PASADENA LOCATION, ONE VERY SHORT BLOCK WEST OF SOUTH LAKE AVENUE AND MANY RETAIL AMENITIES
- Well-located multifamily asset in the heart of Pasadena, walk one short block east to Southlake Avenue, and many retail amenities.
- Rare Assemblage Opportunity: Purchase alongside 477-483 S Hudson Ave and 495-495½ S Hudson Ave for $6,600,000 — a contiguous 3-property site with potential to develop up to 48 condominium units*, subject to entitlements.
- A unique chance to acquire and reposition 3 Hudson Avenue properties in one of Pasadena's most sought-after infill locations. Call Agents for Income and Expenses.
Listing Contacts
Listed by Coldwell Banker Commercial NRT Pasadena
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?

