PASADENA – Orange Grove Circle,
3,409 SQ FT HOME | 13,700 SQ FT. LOT SIZE | 4 BEDROOMS | 3 BATHROOMS | UNIQUE PSR4 ZONING
SUBJECT PROPERTY: $566/FT | REMODELED COMPS MEDIAN: $764/FT
PSR4 Development Opportunity on .32 acres of Flat Pad in Pasadena’s Millionaires Row
This Beautiful traditional style home is in the heart of Pasadena’s highly sought-after area of Millionaire’s Row and a stone’s throw from the Rose Bowl,Old Town Pasadena, Rose Parade route, the hiking trails of the Arroyo and so much more.
This traditional mild fixer has an ARV of 2.6-2.8 after 150K in rehab with significant upside potential. This fully gated 4 bedroom, 3 bathroom single family home offers privacy and tranquility.
Inside you’ll find a large living room and a newly built family room, both with French doors opening onto the grassy backyard. The kitchen, with large center island, is open to the dining area and living room and has views of both the front and back yards. The master bedroom has a recently remodeled bathroom with dual sinks and elegant shower. A giant office with direct access to a 2nd exterior area could be used as 2nd family room, playroom, or guest quarters. Move in Ready.
Large .32 Acres of completely flat pad ideal for development- add 3100 Sqft to this or build 6500 Sq Ft New construction. Unique PSR4 Zoning for development potential of MFR units-please (verify with city).