We are pleased to offer this single family residence with HUGE potential for future condominium or apartment development. Located in one of the best Pasadena locations because it is walking distance to Old Town and Colorado Blvd. At this price it is a steal for land in this location not to mention it having a large house that can provide excellent income prior to redevelopment. Purchasing this property along with the two next door at 161 & 165 Chestnut would make for a PRIME redevelopment opportunity for a LARGE and hugely profitable project. Especially with the high Central District Zoning of 87 UNITS PER ACRE!! Don't miss this deal. DO NOT DISTURB TENANT.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
