Property Details
About this Property
Exceptional multifamily investment with ADU/redevelopment opportunity at 999 Cordova Street (aka 153 S. Catalina Avenue) in the City of Pasadena, California. With its rare large lot size of +/-12,171 SF in one of Pasadena's most sought-after neighborhoods at the intersection of Cordova Street and Catalina Avenue, the property presents an extraordinary opportunity to either redevelop ADU units, or redevelopment the entire property to up to 27 multifamily units with its CD-MU-N Zoning and leveraging the State of California's AB 2345 density bonus (Buyer verify). With its phenomenal location, the property is just minutes' walk from the South Lake Avenue commercial district, Old Town Pasadena, the Paseo shopping center, Caltech, Pasadena City College, and the Metro Gold Line. Tenants enjoy walkable access to a vibrant mix of retail, dining, and entertainment options, as well as close proximity to major employers.Therefore, the large +/-12,171 SF lot size may allow 18 units by right (Buyer verify). The investor/developer can benefit from the property's strong current income with rental upside from its existing 8 units.This meticulously maintained and professionally managed property features eight (8) existing 1 Bed / 1 Bath units with ample carport and street parking and attractiv
MLS Listing Information
MLS #
CRP1-22624
MLS Source
California Regional MLS
Interior Features
Kitchen
None
Laundry
Community Facility
Cooling
Window/Wall Unit
Heating
Wall Furnace
Parking, School, and Other Information
Garage/Parking
Carport, Garage: 0 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Tzu-ning Chang
Keller Williams Realty
License #: 02028509
Phone: (626) 381-9885
Co-Listing Agent
Annie Deng
License #: 02016963
Phone: (626) 833-8880
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 8 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
999 Cordova St is a Residential Income in Pasadena, CA 91106. This – square foot property sits on a 12,171 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,100,000 and was built in 1953. This address can also be written as 999 Cordova St, Pasadena, CA 91106.
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This listing information is up-to-date as of July 25, 2025. For the most current information, please contact Tzu-ning Chang, (626) 381-9885
