$8,500,000
For Sale

254 E Union Street

Pasadena, CA
Listing OfficeEngel & Voelkers Pasadena
Browse 5 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Rare opportunity to develop new condominiums in the heart of Old Town Pasadena. A new residential address is poised to rise on Union, moments from main street Colorado and surrounding Old Town Pasadena and around the corner from The Paseo Mall. This is city living at its best, highly scored for walking, biking and transit access (mere blocks from the Metro). The 59-unit structure, now in the 'Ready to Issue Permits' stage, enjoys views of Mt. Wilson, Pasadena City Hall and the San Gabriel Mountains. With over 53,000 square feet of living space on six stories, the Mediterranean style building will offer 28 two-bedroom/two-bath units and 25 one-bedroom/one-bath units, along with six studios. A roof terrace with spectacular city and mountain views, a second-floor open space common area, and three levels of subterranean parking/storage complete the amenities. One large retail space will anchor the street level, across the way from a small park. You simply couldn't live closer to the vibrant core of the city's historic district--and the heart of the charming urban Pasadena lifestyle.

  • Property Details
      • ViewCityLights, Courtyard, Hills, Mountains, Neighborhood
      • Lot DescriptionSprinklersNone
    • Measurements
      • Acres0.4991
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionNot Applicable
    • Location
      • CountyLos Angeles
  • Financial Details
      • Original List Price$8,500,000
  • Other
      • MLS #P1-18041

Location

Rami ElminoufiReal Estate Group
$
years

Down Payment

$
%
20.0%

Interest Rate

%
5.0%

Tax Rate

%
1.3%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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