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254 E Union St
Pasadena, CA 91101

$8,500,000 USD

Land For Sale  •  0.5 AC

Property Details

  • Property Type Land
  • Lot Size 0.5 AC
  • Zoning PSC
72 Transit Score
97 Walk Score

Description

Rare opportunity to develop new condominiums in the heart of Old Town Pasadena. A new residential address is poised to rise on Union, moments from main street Colorado and surrounding Old Town Pasadena and around the corner from The Paseo Mall. This is city living at its best, highly scored for walking, biking and transit access (mere blocks from the Metro). The 59-unit structure, now in the 'Ready to Issue Permits' stage, enjoys views of Mt. Wilson, Pasadena City Hall and the San Gabriel Mountains. With over 53,000 square feet of living space on six stories, the Mediterranean style building will offer 28 two-bedroom/two-bath units and 25 one-bedroom/one-bath units, along with six studios. A roof terrace with spectacular city and mountain views, a second-floor open space common area, and three levels of subterranean parking/storage complete the amenities. One large retail space will anchor the street level, across the way from a small park. You simply couldn't live closer to the vibrant core of the city's historic district—and the heart of the charming urban Pasadena lifestyle.

Highlights

Located in Old Town Pasadena
Passive Income Potential
Views

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 9.0 mi
Transit/SubwayDriveWalkDistance
Memorial Park Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 4 min 0.3 mi
Del Mar Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 11 min 0.6 mi
AirportDriveWalkDistance
Bob Hope 23 min - 16.5 mi
Los Angeles International 39 min - 24.9 mi
Long Beach (Daugherty Field) 41 min - 26.2 mi
Max Pellegrini 818-395-9039 Engel & Volkers
Max Pellegrini 818-395-9039 Engel & Volkers