$599,900
South Pasadena, CA 91030
Los Angeles
County
Land
Property Type
Located in the serene hills of South Pasadena, this rare development opportunity features two neighboring parcels (4,724 SF and 4,723 SF) on a quiet cul-de-sac with beautiful, unobstructed south-facing views, with nearly all of the groundwork completed. Detailed architectural and structural plans are ready for two custom hillside homes of 1,510 SF and 1,334 SF, plus over 700 SF of integrated outdoor living space (same floor, ceiling and lighting as indoor) and 500 SF garages. They are designed by Escher GuneWardena (EG Arch), a renowned architectural firm, known also for restoration and conservation work on midcentury landmarks such as the Eames House, Chemosphere and other works by Lautner, Neutra, Williams, A. Quincy Jones and Ain. Geologic, geotechnical, and engineering studies, as well as many city fees, are already paid, and the hillside development permits for the plans were approved by the city's Planning Commission, making this an exceptional time-saving investment. EG Arch may be re-engaged to complete the planning approval and building permit process. The lots offer excellent access and space for construction staging and are located outside close-by areas with more restrictive construction rules. The elementary school nearest to the lots ranks in the top 1% in the U.S. and other top-rated South Pasadena schools are also just a few minutes away. Downtown LA, and Pasadena are within a 15 minute drive, and recreational amenities including horse stables, parks, a golf course, tennis club, playgrounds, and sports fields are within walking distance. This is a prime opportunity to build in a prestigious, multi-million-dollar neighborhood with the vision, approvals, and preparation already in place. Both of these adjacent lots can also be purchased as a package for $1,199,800.
$3,193/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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