314 N Holliston Ave, Pasadena, CA 91106
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314 N Holliston Ave Pasadena, CA 91106

$1,449,000
  • 3 Beds
  • 1 Baths
  • 2,510 Sq.Ft.
For Sale
$1,449,000 Get Pre-Qualified

Map preview of 314 N Holliston Ave, Pasadena, CA 91106

Property Overview: 314 N Holliston Ave Pasadena, CA has 3 bedrooms, 1 bathrooms, 2,510 living square feet and 13,678 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Exceptional Tear-Down Opportunity with Plans for an 8-Unit Apartment Complex (Pending City Approval)! This unique investment opportunity presents the chance to acquire a multi-family property for redevelopment. The existing property, consisting of three units on a spacious 13,678 SF lot (as per Assessor), is poised for transformation. The unit breakdown includes 314 Holliston Ave - 2 bed/1 bath, 660 SF; 316 N Holliston Ave - 2 bed/1 bath, 580 SF; 318 N Holliston Ave - 3 bed/1 bath, 1,270 SF. Each unit features a 1-car garage and separate metering for water, electricity, and gas. Notably, Unit 318 suffered fire damage in 2021 and has been vacant since. However, the property is being sold with renderings for a new construction--an 8-unit apartment complex, pending city approval. The other two units, one will be delivered vacant by the close of escrow, the other is very cooperative. Positioned in a densely populated apartment area, close to shopping and freeway access, this property is set to capture significant attention, offering a promising opportunity for the savvy investor.

Listed by Brian Parsons | BRE #01712649 | Keller Williams Realty
Co-listed by Danny Barriga | BRE #00820918 | Keller Williams Realty
Last checked: 1 minute ago | Last updated: May 2nd, 2024 | Source CRMLS | DOM: 98
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Home details

Lot Sq. Ft
13,678
HOA Dues
$0/mo
Year built
1927
Garage
3 Car
Property Type:
Multi Family
Status
Active
MLS#
P1-16310
City
Pasadena
County
Los Angeles
Time on Site
98 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 314 N Holliston Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • Has Fireplace
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Has Fence
  • Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: Sprinklers None
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 5738016058
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: Corner of Carson and Holliston.
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 314 N Holliston Ave

Last sold for $1,025,000 on November 28th, 2022
  • January, 2024

  • Jan 25, 2024

    Date

    Active

    CRMLS: P1-16310

    $1,549,000

    Price

  • December, 2022

  • Dec 30, 2022

    Date

    Expired

    CRMLS: P1-11316

    $1,200,000

    Price

  • Sep 16, 2022

    Date

    Active

    CRMLS: P1-11316

    $1,600,000

    Price

  • Listing provided courtesy of CRMLS

    Development opportunity - Up to 10 Units! Rare opportunity to acquire & restore a multi-family property consisting of 3 individual units on a 13,678 SF lot (per Assessor). This property includes the following unit mix: 314 Holliston Ave: 2 bed/1 bath, 660 SF. 316 N Holliston Ave: 2 bed/ 1 bath, 580 SF. 318 N Holliston Ave: 3 bed/1 bath, 1,270 SF. Each unit has a 1-car garage and are separately metered for water, electricity & gas. Unit 318 was badly damaged due to fire in 2021 and has been empty since. The other two units will be delivered occupied by long-term tenants. Located in an apartment heavy area, close to shopping, freeway access, this property is certain to be in demand, and provide the savvy investor with upside potential.

  • November, 2022

  • Nov 28, 2022

    Date

    Sold

    CRMLS: P1-11114

    $1,025,000

    Price

  • Sep 2, 2022

    Date

    Active

    CRMLS: P1-11114

    $1,600,000

    Price

  • Listing provided courtesy of CRMLS

    Development opportunity - Up to 10 Units! Rare opportunity to acquire & restore a multi-family property consisting of 3 individual units on a 13,678 SF lot (per Assessor). This property includes the following unit mix: 314 Holliston Ave: 2 bed/1 bath, 660 SF. 316 N Holliston Ave: 2 bed/ 1 bath, 580 SF. 318 N Holliston Ave: 3 bed/1 bath, 1,270 SF. Each unit has a 1-car garage and are separately metered for water, electricity & gas. Unit 318 was badly damaged due to fire in 2021 and has been empty since. The other two units will be delivered occupied by long-term tenants. Located in an apartment heavy area, close to shopping, freeway access, this property is certain to be in demand, and provide the savvy investor with upside potential.

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Tax History for 314 N Holliston Ave

Assessed Value (2020): $272,764
Year Land Value Improved Value Assessed Value
2020 $227,319 $45,445 $272,764

Home Value Compared to the Market

This property vs the competition

314 N Holliston Ave is listed 20.95% higher than the median list price for the city of Pasadena which has a median list price of $1,198,000. The median price per/sqft for Pasadena is $798 and this home is listed at $577.29 per/sqft which puts the price per square foot 27.66% lower than the median price per square foot for the city of Pasadena.

About 314 N Holliston Ave

Detailed summary of property

314 N Holliston Ave is a multi family located in Pasadena, CA 91106 and is currently for sale. This multi family property offers 3 bedrooms, 1 bathrooms, roughly 2,510 living square feet, and sits on an approximately 13,678 square foot lot. 314 N Holliston Ave was first listed on ArdentRealEstateGroup.com on January 25, 2024. The homeowner is currently asking $1,449,000 and was originally asking $1,549,000. The median priced home in Pasadena is $1,198,000 with a median price per square foot of $798. Based on Ardent Real Estate Group's Pasadena Market Data, this home is listed 20.95% higher than the median priced home. Local competing homes currently for sale include 241 E Washington Blvd, 769 Sunset Ave and 130 E Washington Blvd. While the average home in Pasadena, CA is selling in 57 days, 314 N Holliston Ave has a days on market of 98 days. There are currently 261 homes for sale in the Pasadena real estate market and 154 of them are single family homes while 82 of them are condos and 25 are townhomes. For more information on this home for sale at 314 N Holliston Ave Pasadena, CA 91106 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 314 N Holliston Ave

Public county record property details
Beds
7
Baths
3
Year built
1927
Sq. Ft.
2,510
Lot Size
13,678
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22,23
APN
5738-016-058

The source for these homes facts are from public records.

91106 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,288,000
Median List Price/Sq.Ft.
$777
Median Sold Price
$830,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
44
Median Sale to List Price %
89.73%
Avg Days on Market
28
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (36.36%), Other (27.27%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.