Developer’s Opportunity! Location, Location, Location! Rare Land-Value Offering in Prestigious North Alhambra!
An exceptional redevelopment opportunity awaits in the highly desirable Bean Tract of North Alhambra, ideally positioned near the borders of San Marino and South Pasadena. Set on a deep lot within one of…Developer’s Opportunity! Location, Location, Location! Rare Land-Value Offering in Prestigious North Alhambra!
An exceptional redevelopment opportunity awaits in the highly desirable Bean Tract of North Alhambra, ideally positioned near the borders of San Marino and South Pasadena. Set on a deep lot within one of Alhambra’s most sought-after residential neighborhoods, this R-3-zoned property presents outstanding potential for a thoughtfully designed multifamily development.
The seller has prepared a conceptual site plan. It subject to all applicable requirements and City approval. Conceptual plans and additional development information are available in the listing supplements for review.
The property is currently improved with a three-bedroom, two-bathroom residence and is offered for land value in its present “AS IS” condition. The property is tenant-occupied. Drive-by only—please do not enter the property or disturb the occupants.
The premier location offers convenient access to upscale shopping, dining, schools, parks, and major transportation routes, with excellent connectivity to San Marino, South Pasadena, Pasadena, and Downtown Los Angeles. This distinguished offering represents a rare opportunity for developers, builders, and investors to create a desirable residential community in a prime North Alhambra setting.
Buyer and buyer’s representatives are advised to independently verify zoning, allowable density, development standards, conceptual plans, square footage, parking requirements, California Density Bonus eligibility, City requirements, and all other development possibilities with the City of Alhambra and appropriate professionals. No representation or guarantee is made regarding the feasibility, entitlement, or approval of any proposed development.
Facts & Features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Cooling
Has cooling: No
Appliances
Laundry: Laundry Room
Features
Has fireplace: No
Interior area
Total interior livable area: 1,389 sqft
Property
Parking
Total spaces: 2
Garage spaces: 2
Features
Stories: 1
Has private pool: No
Has view: Yes
View features: Mountains, Neighborhood
Lot
Size: 0.22 Acres
Features: Zero To One Unit Acre, Front Yard
Details
Parcel number: 5322011022
Construction
Type & style
Home type: Residential
Property subtype: Single Family Residence
Condition
Year built: 1939
Location
Mike Zwarg
Broker / Owner
951.528.0626 mike@mzhomes.us
Listing Office: Re/Max Premier Properties · Listing Agent: Lei Shen · 626-328-9331 · CRMLS
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