Description
309 N Pasadena Avenue presents a rare infill development opportunity in the City of Azusa. This vacant NG-2 zoned parcel offers the opportunity to acquire a site with substantial planning and design work already completed, providing a compelling opportunity for builders, developers, and investors seeking to capitalize on the continued demand for new housing in the San Gabriel Valley. Architectural plans have been prepared for a thoughtfully designed residential development consisting of a two-story duplex and two detached ADUs, creating the potential for four residential units on the property. Significant time and expense have been invested in planning, design, and project development, with the project now in the final stages of the approval process. Buyers should independently verify the status of all plans, approvals, permits, development potential, costs, fees, and governmental requirements. Ideally located near Downtown Azusa, the property offers convenient access to shopping, dining, schools, parks, public transportation, and major commuter routes throughout the San Gabriel Valley. The site benefits from close proximity to the Metro A Line, Citrus College, and Azusa Pacific University, supporting strong long-term housing demand in the area. An additional opportunity exists to acquire the adjacent parcel at 313 N Pasadena Avenue, creating the potential for a larger development assemblage. Development opportunities with substantial pre-development work already completed are increasingly difficult to find. 309 N Pasadena Avenue offers the opportunity to acquire a well-located residential development site with significant planning efforts already in place while maintaining flexibility for a future owner's vision. Buyers are advised to conduct their own investigations and verify all zoning, development potential, permits, approvals, governmental requirements, and intended uses with the appropriate agencies.
Details
| MLS # | CV26170510 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 72 |
| Listing Provided By | BALSWICK REALTY | Joel Balswick |
Features
| Zoning | NG-2 |
|---|---|
| Acreage | 0.17 |
| Property View | None |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|---|
| Fencing | Chain Link |
Utilities
| Utilities | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Biking, Curbs |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Azusa |
| Zip Code | 91702 |
| Area | 607 Azusa |
| Listing VS Median (in 91702) | |
Price: $779,000 low | high Med: $629,944 On site: 72 low | high Med: 67.5 | |
Market Activity 91702
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Azusa |
| Zip Code | 91702 |
| Area | 607 Azusa |
| Listing VS Median (in 91702) | |
Price: $779,000 low | high Med: $629,944 On site: 72 low | high Med: 67.5 | |
