314 N Holliston Avenue, Pasadena, California 91106

Residential Income Sold

$1,025,000

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Lot Area 0.31 Sqft

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Listing Attribution

Listing ID:

MLS P1-11114

Listed by:

David Knight · DRE 01829234
· Keller Williams DTLA ·

CoListed by:

Esther Clauson - DRE 02031778
· Keller Williams Realty

Bought with:

David Knight · DRE 01829234
· Keller Williams DTLA

Property Description

Development opportunity – Up to 10 Units! Rare opportunity to acquire & restore a multi-family property consisting of 3 individual units on a 13,678 SF lot (per Assessor). This property includes the following unit mix: 314 Holliston Ave: 2 bed/1 bath, 660 SF. 316 N Holliston Ave: 2 bed/ 1 bath, 580 SF. 318 N Holliston Ave: 3 bed/1 bath, 1,270 SF. Each unit has a 1-car garage and are separately metered for water, electricity & gas. Unit 318 was badly damaged due to fire in 2021 and has been empty since. The other two units will be delivered occupied by long-term tenants. Located in an apartment heavy area, close to shopping, freeway access, this property is certain to be in demand, and provide the savvy investor with upside potential.