Pasadena, CA 91104,1736 N Sierra Bonita Avenue
Pasadena, CA 91104,1736 N Sierra Bonita Avenue
Pasadena, CA 91104,1736 N Sierra Bonita Avenue
Pasadena, CA 91104,1736 N Sierra Bonita Avenue
Pasadena, CA 91104,1736 N Sierra Bonita Avenue
Pasadena, CA 91104,1736 N Sierra Bonita Avenue
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Listed by Caleb Hanson • KELLER WILLIAMS REALTY COLLEGE PARK
$ 1,500,000
Est. payment | /mo

4,068 SqFt


Save
$ 1,500,000
Est. payment | /mo
Save

4,068 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,068 sqft

Price per Sqft $368

MLS Listing ID CRCV24250858

HOA Y/N No

Year Built 1914

Lot Size 0.321 Acres

Property Sub-Type Mixed Use

Source Datashare California Regional

Property Description

This property offers an investor or developer the chance to build up to 10 residential units in a prime Altadena location just 5 minutes to shops, dining, and the 210 freeway. The property consists of two lots totaling 13,973 SF with three buildings. The two front buildings are commercial (1,008 SF and 2,138 SF), and there is a 912-SF, craftsman, 3-bed, 2-bath, fully remodeled, single-family home in the back. Max out the development and then sell for a profit, or hold it for long-term cash-flow. The $139,660 per year average household income within a one-mile radius provides a strong capacity for premium rents. A detailed review in a meeting with a Los Angeles County planner confirmed that an 8-unit apartment building could be constructed on the front, C2-zoned portion of the property without a conditional use permit. On the R2 portion, another unit could be built to create a duplex. In the wake of the Eaton Fire, which destroyed thousands of homes nearby, community members want to move back, but there aren't enough available rental units in the area. Building nine more units can meet a big need in a disaster-impacted community while creating a strong investment return. 2-Bedroom units currently command between $2,800 and $3,100 per month in the area, and 1-bedroom units fetch $2

Location

State CA

County Los Angeles

Interior

Heating Other

Cooling Central Air

Fireplace No

Building

Water Public

Bay East Association of Realtors

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Odyssey Charter

    Public | KG - 8

  • 8

    Field (Eugene) Elementary School

    Public | KG - 5

  • 7

    Pasadena Rosebud Academy

    Public | KG - 6

  • 7

    Aveson School of Leaders

    Public | KG - 5

  • 7

    Hamilton Elementary School

    Public | PK - 5

  • 6

    Daniel Webster Elementary School

    Public | PK - 5

  • 5

    Washington Elementary School

    Public | PK - 5

  • 5

    Longfellow Elementary School

    Public | PK - 5

  • 5

    Norma Coombs Elementary School

    Public | KG - 5

  • 5

    Willard Elementary School

    Public | PK - 5

  • 4

    Franklin Elementary School

    Public | PK - 5

  • 4

    Roosevelt Elementary School

    Public | PK - 5

  • 3

    Cleveland Elementary School

    Public | PK - 5

  • 3

    McKinley School

    Public | KG - 8

  • 3

    Jefferson Elementary School

    Public | PK - 5

  • 2

    Madison Elementary School

    Public | PK - 5

  • 2

    Opportunities for Learning - Baldwin Park

    Public | KG - 12

  • 1

    Altadena Arts Magnet

    Public | PK - 5

  • 1

    Cis Academy

    Public | KG - 12

  • 0

    Chandler School

    Private | KG - 8

Middle Schools 12
  • 8

    Marshall Fundamental

    Public | 6 - 12

  • 6

    Pasadena Rosebud Academy Middle School

    Public | 7 - 8

  • 5

    Aveson Global Leadership Academy

    Public | 6 - 12

  • 4

    Wilson Middle School

    Public | 6 - 8

  • 2

    Charles W. Eliot Arts Magnet Academy

    Public | 6 - 8

  • 1

    Washington STEAM Multilingual Academy

    Public | 6 - 8

  • 1

    Opportunities for Learning - Baldwin Park II

    Public | 7 - 12

  • 1

    Opportunities for Learning - Santa Clarita

    Public | 7 - 12

  • 0

    Excelsior School

    Private | 8 - 12

  • 0

    The Peace & Justice Academy

    Private | 6 - 12

  • 0

    Learning Works

    Public | 7 - 12

  • 0

    Rosemary School

    Private | 8 - 12

High Schools 6
  • 6

    Pasadena High School

    Public | 9 - 12

  • 3

    John Muir High School

    Public | 9 - 12

  • 0

    Maranatha High School

    Private | 9 - 12

  • 0

    Rose City High (Continuation)

    Public | 9 - 12

  • 0

    Agbu Vatche and Tamar Manoukian High School

    Private | 9 - 12

  • 0

    Agbu Vatche & Tamar Manoukian High School

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Paul LeJoy
Paul LeJoy

Broker-Owner | Lic# 01467744

+1(510) 299-0093

34906 Newark Blvd, Newark, CA

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1736 N Sierra Bonita Avenue