266 N Wilson Avenue, Pasadena CA, 91106

contect:6576665000 wechat:chuanqit 🏡 Pasadena Prime Development Opportunity | R-3 Zoning • 5-Unit Potential • Land Value Only • Near Old Town & Caltech • Ideal for Investors or Builders​​ No Repairs Needed • Tear-Down Ready • High-Demand Location • Perfect for ADU or Multi-Family Project Welcome to a ​​prime land opportunity​​ in a ​​highly sought-after Pasadena location south of the 210 freeway​​! This ​​vacant or teardown property​​ is ​​zoned for up to 5 units​​ (buyer to verify) and offers ​​pure land value with no repair concerns​​ — positioned ​​minutes from Old Town Pasadena, Caltech, PCC, and shopping​​ — perfect for ​​investors, developers, or builders​​ ready to ​​maximize this rare high-density potential​​ in one of ​​Southern California’s most desirable cities​​. ✨ ​​Property Highlights​​ ​​Zoned for multi-family development​​ (R-3 or similar — buyer to verify) — build up to 5 units — significant ROI potential ​​Land value only​​ — no structural value — priced for lot potential ​​No repairs needed​​ — vacant or ready for demolition — clean slate for development ​​Flat or gently sloped lot​​ (verify topography) — easier and more cost-effective to build ​​Utilities likely available at street​​ — water, sewer, power, gas — confirm connection costs 📍 ​​Prime Pasadena Location​​ ​​South of 210 freeway​​ — highly accessible — strong desirability ​​Near Old Town Pasadena​​ — dining, shopping, entertainment — vibrant and walkable ​​Close to Caltech and PCC​​ — academic hub — strong rental demand ​​Minutes from shopping and amenities​​ — everyday convenience — attracts tenants ​​Easy freeway access​​ (210, 134, 110) — commute to DTLA, Glendale, or San Gabriel Valley — effortless connectivity 💼 ​​Development Potential​​ ​​Up to 5 units​​ (verify with City of Pasadena Planning Dept) — ideal for apartments, condos, or townhomes ​​ADU or junior ADU potential​​ — additional units possible — maximize density ​​Mixed-use potential​​ (verify zoning) — commercial on ground floor, residential above — high income potential ​​Hold and build later​​ — land appreciation in Pasadena is strong — solid long-term asset 🛠️ ​​Project Considerations​​ ​​Secure architectural and contractor plans early​​ — design to market tastes — maximize appeal ​​Budget for demolition, permits, and construction​​ — understand full project costs — avoid surprises ​​Explore financing options​​ — construction loans, portfolio loans — plan your capital stack ​​Review Pasadena’s inclusionary housing requirements​​ — understand affordable unit mandates — comply smoothly 💰 ​​Investment & Value​​ ​​Land value in high-demand Pasadena​​ —稀缺 and appreciating — strong upside ​​Multi-unit zoning premium​​ — rare in this area — commands premium pricing ​​Rental income potential post-construction​​ — high occupancy likely — strong cash flow ​​Flexible exit strategies​​ — build and hold, build and sell, or land bank — adapt to market conditions 🎯 ​​Perfect For​​ ​​Real estate developers​​ with experience in multi-family projects ​​Investors​​ seeking long-term appreciation and high-density asset ​​Builders​​ wanting a prime Pasadena location with clear development path ​​Land bankers​​ looking to secure a well-located parcel for future value ⚠️ ​​Critical Due Diligence​​ ​​Verify zoning and unit capacity with City of Pasadena Planning​​ — confirm allowable density and setbacks — essential for planning ​​Conduct soil tests and geological survey​​ — ensure stable foundation — avoid costly surprises ​​Check utility availability and connection costs​​ — water, sewer, power, internet — budget accurately ​​Review any easements or title restrictions​​ — avoid building conflicts — clear path forward ​​Consult with architect and contractor early​​ — understand costs, timeline, and feasibility — realistic project planning ​​🌟 A Rare Blank Canvas — Build Your Vision in Pasadena!​​ Multi-unit zoned lots near Old Town, Caltech, and freeways are extraordinary opportunities. Schedule a site visit today and see the location, neighborhood, and potential for yourself! Contact us for zoning reports, contractor referrals, or a discreet viewing! 🔹 Ideal for cash or construction loans 🔹 Quick close possible ​​Build your legacy — where location, density, and demand meet.​​ 🏗️📈 ​​Note:​​ Buyer to verify all zoning, planning, and development regulations with the City of Pasadena. Perfect for experienced buyers ready to capitalize on a high-potential property in one of Southern California’s most prestigious and well-connected cities!