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