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909-944-6555

25 W WALNUT ST, PASADENA CA, 91103

(Closed)
Sold Price:
$16,000,000
Date:10/07/2014
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MLS# 12634485
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Listing Provided Courtesy Of: Nelson Shelton & Associates
Last Updated: 10/21/2014 9:51 AM
Description for 25 W WALNUT ST PASADENA, CA 91103
Rare opportunity to acquire 1.67 acres in Downtown Pasadena, adjacent to historic Old Pasadena, Potential to built 145+ residential units, zoning allows for various use such as apartment, condominium, mixed use and hotel development. The site benefits from excellent freeway visibility and access to I-210 and I-134 with entrances located less than 500 ft from the location, providing easy access to the Central Business district of Burbank and Glendale as well as San Fernando Valley. Downtown Los Angeles 10 miles S of the land is easily accessible from CA-110, located .5 mile S of the site. Metro Gold Line Light Rail station is located less than 3 blocks, providing access to Downtown L.A. in about 20 min. Bob Hope Airport is less than a 20 min drive. Paseo Colorado, a 565,000 sqft open-air mall is located within 6 blocks on Colorado Blvd. Pasadena Convention Center which offers 127,000 sqft of meeting and banquest space is approx 7 blocks E of the site and Rose Bowl is about 2miles
Price
Sold Price:
$16,000,000
Sold Date:10/07/2014
Los Angeles
12634485
Closed
Description
Rare opportunity to acquire 1.67 acres in Downtown Pasadena, adjacent to historic Old Pasadena, Potential to built 145+ residential units, zoning allows for various use such as apartment, condominium, mixed use and hotel development. The site benefits from excellent freeway visibility and access to I-210 and I-134 with entrances located less than 500 ft from the location, providing easy access to the Central Business district of Burbank and Glendale as well as San Fernando Valley. Downtown Los Angeles 10 miles S of the land is easily accessible from CA-110, located .5 mile S of the site. Metro Gold Line Light Rail station is located less than 3 blocks, providing access to Downtown L.A. in about 20 min. Bob Hope Airport is less than a 20 min drive. Paseo Colorado, a 565,000 sqft open-air mall is located within 6 blocks on Colorado Blvd. Pasadena Convention Center which offers 127,000 sqft of meeting and banquest space is approx 7 blocks E of the site and Rose Bowl is about 2miles
Listing Information
Property Type: Land
72,799 Sq. Ft. Public Records $178.57
Neighborhood
Room Information
Exterior / Lot Features
Park
Driving Directions
West of N Fair Oaks Ave, East of Orange Blvd, South of I-210, North of Colorado Blvd.
Financial Considerations
5713009039
New, Cash, Cash To New Loan
Listing Price History

PASADENA Real Estate

PASADENA is located in California. PASADENA, California 91103 has a population of  137,316.

The median household income in PASADENA, California 91103 is $68,310. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in PASADENA 91103 is 37.1 years.

Sales History
Tax Info
Listing Provided Courtesy Of: Nelson Shelton & Associates Faye Sarafian-Erdman
The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
Information is deemed reliable but is not guaranteed.

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