Rare development opportunity in the urban core of Pasadena. This desirable location is within walking distance of South Lake Avenue, the Playhouse District, the Gold Line and Old Town Pasadena, and a short distance from the Rose Bowl, Caltech and Pasadena City College. The zoning designation of RM-48 from the city of Pasadena is the highest density residential zoning designation. The Pasadena city zoning code reports up to one separate dwelling unit per 910 SqFt of lot area may be built. At that density, a maximum of 31 separate dwelling units could be built on this site. Completely level and without any structures, this property is ready for development!
Sold for $15,000,000
Listed by: Keller Williams Realty • Katie Grech • Contact: 760-809-1834
Bought with: Park Place Partners, Inc.
$15,000,000
511 S Oak Knoll Ave, Pasadena, CA 91101
--beds
--baths
0.65Acres
Unimproved Land
Built in ----
0.65 Acres Lot
$-- Zestimate®
$--/sqft
$2,861 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,861/mo
Zestimate® history
Owner options
List your home for rent
$2,861/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,861/mo
Rent Zestimate®
Refinance and save
$94,684/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$94,684/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Katie Grech DRE #01997632 katie@solisteamre.com,
Keller Williams Realty
Bought with:
Timothy Barden, DRE #01769199
Park Place Partners, Inc.
Source: CRMLS,MLS#: NDP2305953
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)Facts & features
Property
Features
- Has view: Yes
- View description: None
Lot
- Size: 0.65 Acres
- Features: Level, Rectangular Lot, Sprinklers None
Details
- Parcel number: 5734020021
- Zoning: RM-48
- Special conditions: Standard
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Curbs, Storm Drain(s), Street Lights, Sidewalks, Urban
Location
- Region: Pasadena
Financial & listing details
- Tax assessed value: $5,620,200
- Annual tax amount: $63,163
- Date on market: 7/31/2023
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Sold | $15,000,000+172.2% |
Source: Public Record Report a problem | ||
| 11/2/2023 | Sold | $5,510,000 |
Source:  CRMLS #NDP2305953 Report a problem | ||
| 8/18/2023 | Pending sale | $5,510,000 |
Source: CRMLS #NDP2305953 Report a problem | ||
| 8/1/2023 | Listed for sale | $5,510,000 |
Source: CRMLS #NDP2305953 Report a problem | ||
| 8/1/2023 | Contingent | $5,510,000 |
Source: CRMLS #NDP2305953 Report a problem | ||
| 8/1/2023 | Listed for sale | $5,510,000 |
Source: CRMLS #NDP2305953 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $63,163 +4.5% | $5,620,200 +2% |
| 2024 | $60,429 +1627.1% | $5,510,000 +1690.4% |
| 2023 | $3,499 +3.7% | $307,757 +2% |
| 2022 | $3,373 +4.3% | $301,723 +2% |
| 2021 | $3,235 +4.3% | $295,807 +1% |
| 2020 | $3,102 | $292,774 +2% |
| 2019 | $3,102 -2.8% | $287,034 +2% |
| 2018 | $3,193 | $281,406 +2% |
| 2017 | $3,193 +1.4% | $275,889 +2% |
| 2016 | $3,149 +1.8% | $270,480 +1.5% |
| 2015 | $3,092 +3% | $266,418 +2% |
| 2014 | $3,004 | $261,200 +2.5% |
| 2012 | -- | $254,922 +2% |
| 2011 | -- | $249,924 +0.8% |
| 2010 | -- | $248,057 -0.2% |
| 2009 | -- | $248,647 +2% |
| 2008 | -- | $243,772 +2% |
| 2007 | -- | $238,993 +2% |
| 2006 | -- | $234,307 |
| 2005 | -- | $234,307 +4% |
| 2004 | -- | $225,209 +1.9% |
| 2003 | -- | $221,082 +2% |
| 2002 | -- | $216,748 +4% |
| 2000 | -- | $208,333 |
Find assessor info on the county website
Neighborhood: South
Nearby homes
- $860,9002 bd3 ba1.3k sqft501 S Oak Knoll Ave UNIT 1, Pasadena, CA 91101Off Market
- $865,0002 bd3 ba1.3k sqft501 S Oak Knoll Ave UNIT 2, Pasadena, CA 91101Off Market
- $877,7002 bd3 ba1.3k sqft501 S Oak Knoll Ave UNIT 3, Pasadena, CA 91101Off Market
- $984,3003 bd3 ba1.5k sqft501 S Oak Knoll Ave UNIT 4, Pasadena, CA 91101Off Market
- $1,036,4003 bd2 ba1.5k sqft501 S Oak Knoll Ave UNIT 5, Pasadena, CA 91101Off Market
- $945,3002 bd3 ba1.3k sqft501 S Oak Knoll Ave UNIT 6, Pasadena, CA 91101Off Market
- $813,8002 bd2 ba1.3k sqft501 S Oak Knoll Ave UNIT 7, Pasadena, CA 91101Off Market
- $877,1002 bd2 ba1.3k sqft501 S Oak Knoll Ave UNIT 8, Pasadena, CA 91101Off Market
Nearby schools
GreatSchools rating
- 2/10McKinley SchoolGrades: K-8Distance: 0.2 mi
- 4/10Blair High SchoolGrades: 6-12Distance: 1 mi
- California
- Los Angeles County
- Pasadena
- 91101
- South
- 511 S Oak Knoll Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Pasadena Topics
