Ideal Multi-Family/Commercial Development Site. Very desireable Pasadena location with zoning allowing 60units/acre with 60' height limit and reduced parking requirements being in the Enterprise Zone.Property currently has 4,474sf of warehouse buildings on the premises on 10,474sf of Land. The subject property is zoned East Pasadena Specific Plan d2-CG-B. Development opportunities range from Multi-Family Residential to Office/Professional buildings. Located in the Enterprise Zone, which benefits any user/developer to take advantage of reduced parking requirements, reduction in permit fees and other numerous incentives.The property has 75' of frontage along Halstead Street, just one parcel south of Foothill Blvd. Buyer to check with the City of Pasadena for all allowable uses and potential development opportunities.Located directly across the street from the Sierra Madre Villa Goldline Station. Adjacent to The Stuart Luxury Apartment Homes, The Gateway Tower and numerous Restaurants and Retailers including Best Buy, Nordstrom Rack, Bed Bath & Beyond, Dick' s Sporting Goods, El Torito, Panera Bread, Islands and Panda Inn.The ¼ mile proximity to the Metro Goldline Station at Sierra Madre Villa gives this property increased height limits and density allowances. Easy freeway access to the Foothill 210 freeway at Sierra Madre Villa.
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