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615 N Mentor Avenue

Pasadena, CA 91106
  • $1,250,000
  • STATUS: Active Under Contract
  • ON SITE: 54 Days
  • ID#: WS21191332
Under Contract
UPDATED: 144 min ago
$1,250,000
  • 4
    BEDS
  • 0.26
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,350
    SQFT
  • $926
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1924
County:

School Ratings & Info

School District:

Description

Perfect lot for investor and unit developer - over 11,000 SF, zoned high density at RM32 (32 units per acres). Zoning density allows 8 units of new townhomes or condos. Just one block from Lake Ave. and 3 blocks from the 210 Freeway. A few blocks to heart of financial district in Pasadena, Lake Ave. and Colorado Blvd. Existing lot contains two well kept newly remodeled detached units, which allows income while waiting for the development permit process. Potential to add ADU or more units at large backyard. The City encourages affordable housing, inquire City's housing department for available programs for incentives and assistance. City offers a very low interest loan program for qualified ADU projects, please inquire further with City Planning and Housing.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-24T00:26:01.947. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Accardo Real Estate Associates | Compass. Licensed in the State of California, USA.
www.naylorproperties.com/homes/120938391
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615 N Mentor Avenue Pasadena, CA 91106

  • Price: $1,250,000
  • Status: Active Under Contract
  • Updated: 144 min ago
  • ID#: WS21191332
4
Beds
2
Baths
0
½ Baths
0.26
Acres
1,350
SQFT
$926
$/SQFT
1924
Built
Neighborhood:
646 - Pasadena (NE)
County:
Los Angeles
Area:
646 - Pasadena (NE)
School District:
Pasadena Unified
Property Description
Perfect lot for investor and unit developer - over 11,000 SF, zoned high density at RM32 (32 units per acres). Zoning density allows 8 units of new townhomes or condos. Just one block from Lake Ave. and 3 blocks from the 210 Freeway. A few blocks to heart of financial district in Pasadena, Lake Ave. and Colorado Blvd. Existing lot contains two well kept newly remodeled detached units, which allows income while waiting for the development permit process. Potential to add ADU or more units at large backyard. The City encourages affordable housing, inquire City's housing department for available programs for incentives and assistance. City offers a very low interest loan program for qualified ADU projects, please inquire further with City Planning and Housing.
Exterior Features

Attached Garage YN 0 Lot Features 31-35 Units/AcreBack YardFront YardNear Public TransitValue In LandYard Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street View Courtyard View YN Yes

Interior Features

Common Walls No Common Walls Cooling DuctlessHeat Pump Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Interior Features Bedroom On Main Level Main Level Bathrooms 2 Main Level Bedrooms 2

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features FoothillsHikingMountainousParkStreet LightsUrban Contingency Buyer To Perform Due Diligent Garage YN Yes Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New LoanConventional New Construction YN No Property Sub Type Duplex Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Duplex Utilities Electricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Source Public Zoning Psr3

Listing provided courtesy of Sue Fung of California Dream Realty


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-24T00:26:01.947. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Accardo Real Estate Associates | Compass. Licensed in the State of California, USA.
 
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Accardo Real Estate Associates | Compass
1820 S. Elena Ave. Ste. H
Redondo Beach CA, 90064