REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 25,000,000
Est. payment /mo
New
1299 E Green ST Pasadena, CA 91106
91 Baths
62,683 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 62,683 sqft
Price per Sqft $398
MLS Listing ID 25566951
HOA Y/N No
Year Built 2009
Lot Size 0.589 Acres
Property Description
Mixed-Use 91 Efficiency units with one 1500 sf retail/restaurant space. The building has a conventional loan in place from Chase and there are no tax credits or bond financing attached to the building.***PLEASE CALL ME FOR A SETUP SHEET***Buyer can assume the existing loan at 3.67% for about 5 more years. Seller is willing to entertain a second Trust Deed at the same interest rate. (Seller Approval and Restrictions apply)Nestled in the heart of picturesque Pasadena, California, this 90-unit affordable housing community exemplifies the values of accessibility, comfort, and thoughtful urban living. Each of the 90 units is designed at 250 rentable square feet to provide a compact yet dignified living space, with 81 units reserved for moderate-income residents and 9 for low-income individuals. From the moment you step inside, you're welcomed into an environment that prioritizes connection and quality of life.Located at 1299 East Green Streetjust moments from Pasadena City College and Caltechresidents benefit from proximity to premier educational institutions and abundant employment opportunities. The property is more than just a place to live; it's a hub for connection and activity. A refreshing pool and a large outdoor courtyard offer tranquil and social spaces for relaxation, while a ground-floor retail restaurant space adds flavor and vitality to daily life.The 1,500-square-foot retail component is home to **Danbi Coffee**, a beloved specialty caf known for its minimalist design, curated coffee program, and serene atmosphere. With several locations across Southern California, Danbi Coffee brings a refined and welcoming presence to the neighborhood, serving as a community gathering spot and enhancing the property's cultural and commercial appeal.Pasadena itself is a city celebrated for its cultural richness and historic charm. Home to the world-famous Rose Bowl Parade, held every New Year's Day, Pasadena draws thousands to witness the pageantry of elaborate floats and musical performances. Beyond the festivities, Colorado Boulevard serves as a vibrant commercial corridor, lined with boutiques, cafes, and one-of-a-kind shops that reflect the city's eclectic spirit.*Note: One non-conforming unit.*Listing agent has an ownership interest.
Location
State CA
County Los Angeles
Area 648 - Pasadena (Se)
Zoning PSC-
Interior
Heating Central
Fireplace No
Appliance Disposal, Microwave, Refrigerator
Exterior
Parking Features Underground, Side By Side
Pool Community
Community Features Pool
Total Parking Spaces 56
Private Pool No
Building
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 5735001032
Special Listing Condition Standard
Listed by Lee Johnson Berkshire Hathaway HomeServices California Properties