$600,000

I am pleased to offer for sale a duplex development site at 481 E Maple Street located in Pasadena. Situated on a 8,208 parcel of flat land, the property provides a great opportunity for a developer to acquire a rare asset in one of the hottest markets in Pasadena with multiple developments in the immediate area. The subject property is in close proximity to numerous restaurants, cafes, bars, theaters, grocery stores, gyms, and entertainment choices on Lake Avenue, Colorado Boulevard, and South Arroyo Parkway. 481 E Maple Street is in a desirable, attraction-rich location, and is walking distance from renowned schools at California Institute of Technology and Pasadena City College. Metro Gold Line transit rail and Interstate 210 freeway access are nearby. The Site has RTI Plans for a Duplex Consisting of (2) Two Bedroom & Two Bathroom Units. There will be a Total of Four Garage Parking Spaces. Each Unit will be Two Stories and Have In-Unit Laundry. This rare development opportunity located Pasadena allows new ownership to maximize income with regards to total square footage and will allow an investor to achieve superior future returns, making 481 E Maple Street an excellent acquisition opportunity.