Nice & convenient location*two block east of Lake Street*between Walnut & Union St.*easy 210 fwy access & walking distance to Gold-Line station/Cal Tech College/restaurants/shops*5 minutes driving to Old Town Pasadena and PCC*This lot got entitlement for 9 luxurious town homes and plans designed review approved by the City of Pasadena*this 9 units luxurious town home project features(1) 4 stories building, each unit is a two-story town home style except the front unit which is a 4 stories unit*(2)each unit is ranging from 2 bedrooms +den or 3 bedrooms + den, all with 3 full baths(3) the front unit is 4 bedrooms + a separate entry studio/den/office with 4.5 baths (4) the living space from 1524 sf. to 2690 sf. entire total living space for 9 units is 16,110 sf. (5) each unit has 2 subterranean parking spaces & a private balcony*upper level units and front unit have mountain views(6)this building is elevator equipped and "lead certificate" green building would be applied*currently there are 3 rental units*front unit is a single story free standing building w/2 bedrooms,1 bath, rental $1700/month*back units are side by side with identical floor plans w/1 bedroom & 1 bath, each rental $1100/month* all units have backyard/laundry hook-up/1 car garage + parking.