California / Pasadena / 91104 / 1605 East Elizabeth Street

1605 East Elizabeth Street

Q: What is the asking price for 1605 East Elizabeth Street in Pasadena?

The asking price for 1605 East Elizabeth Street is $10,700,000

Q: What is the building size of this Multifamily property in Pasadena, CA?

The size of the building/unit at 1605 East Elizabeth Street in Pasadena is 37,340 square feet.

Q: How much land does the Pasadena, CA property at 1605 East Elizabeth Street include?

1605 East Elizabeth Street in Pasadena includes 1.000 acres of land.

Q: What is the population within 1 mile of 1605 East Elizabeth Street?

The population within 1 mile of 1605 East Elizabeth Street Pasadena, CA 91104 is 21,781 people.

Q: Who do I contact for questions about 1605 East Elizabeth Street?

You should contact the listing agent, Scott Martin, for any details regarding this commercial listing.

Pasadena, CA 91104

Listing ID: 248469

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Building Size: 37,340 SF

Lot Size: 1.000 AC

Land Size: 43,560 SF

Building $/SF: $286.56

Land $/SF: $245.64

Price

$10,700,000

Property Highlights

Meet ongoing need for housing market rate, affordable,or senior.

Prevent talent loss for local community caused by relocations outside the city to find affordable housing.

Affordable housing attracts a growing consumer base.

Helps to reduce local area affordable housing demand.

Description

Situated on a large parcel, this former campus dormitory nestled against the San Gabriel Mountains, offers a multitude of development/commercial opportunities including the development of multi-family units, affordable housing and senior living.
Property current zoning is RM 12. City preference is to repurpose property for affordable housing use. If developed for those purposes zoning could be changed to a greater density of RM 32. The building design accommodates such proposed renovation and includes a new roof and solar panels.
The land area is 61,593 square feet with a recently renovated interior garden and currently striped for ± 60 surface parking spaces to the north side of the property.

Attachments & Files

1605elizabethomisv4-ho7-pN1.pdf

Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Los Angeles History of Multifamily Housing for Sale

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Listing Demographics for 1605 East Elizabeth Street Pasadena, CA 91104

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		21,781	166,255	302,765
Population Median Age		43	40	41
Population by Age	0-9 Yrs	2209 (10%)	18745 (11%)	34507 (11%)
	10-19 Yrs	2056 (9%)	15885 (9%)	31183 (10%)
	20-29 Yrs	2386 (10%)	24948 (15%)	38056 (12%)
	30-39 Yrs	2327 (10%)	25569 (15%)	42434 (14%)
	40-49 Yrs	3186 (14%)	23495 (14%)	43901 (14%)
	50-59 Yrs	3748 (17%)	22112 (13%)	41543 (13%)
	60-69 Yrs	2921 (13%)	17301 (10%)	34737 (11%)
	70+ Yrs	2948 (13%)	18200 (10%)	36405 (12%)

Median HH Income		$91,321	$82,962	$92,517
Total Household Income	< 24K	1354 (16%)	11271 (18%)	17167 (15%)
	25-49K	1162 (14%)	8287 (13%)	14212 (12%)
	50-74K	1038 (12%)	8996 (14%)	15088 (13%)
	75-99K	803 (9%)	7788 (12%)	13584 (12%)
	100-199K	2080 (25%)	16876 (27%)	31587 (28%)
	200K+	1720 (21%)	8851 (14%)	20334 (18%)

Highest Education Level	No Diploma	1734	15302	21503
	Diploma or GED	2228	18316	30058
	Some College	2607	20634	34930
	Assoc. Degree	1022	8143	15378
	Bachelors Degree	4765	32133	65895
	Higher Degree	4025	27086	54285

Total Housing Units		8,762	68,486	123,757
--Owner-Occupied		4,937	28,520	60,176
--Renter-Occupied		3,220	33,550	51,797
Owner-Occupied Values	< 100K	75	345	596
	100-199K	19	168	384
	200-299K	16	298	522
	300-399K	89	1341	1927
	400-499K	285	2429	3113
	500K+	4453	23939	53635

Total Working Age Population		18,238	138,125	248,975
In Work Force		11,342	90,979	158,650
Not In Work Force		6,897	47,146	90,325
Workforce Employed		10,839	86,989	151,769
Workforce Unemployed		501	3,942	6,833
Civlian Workforce		11,340	90,931	158,602
Military Workforce		2	48	48

Total Households		8,157	62,069	111,973
Family Households		5,714	37,218	72,337
Non-Family Households		2,443	24,851	39,636
Married Couple		4,566	27,249	54,883
Other Family		1,148	9,969	17,454
Married w/Child		1,654	10,427	22,354
Single Male w/Child		136	937	1,704
Single Female w/Child		220	2,644	4,553

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
California	33,871,648	+10	37,253,956	+9	40,467,295	+8	43,631,295
Los Angeles County	9,519,338	+3	9,818,605	+6	10,369,367	+4	10,759,850

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 1605 East Elizabeth Street in Pasadena?

The asking price for 1605 East Elizabeth Street is $10,700,000

What is the building size of this Multifamily property in Pasadena, CA?

The size of the building/unit at 1605 East Elizabeth Street in Pasadena is 37,340 square feet

How much land does the Pasadena, CA property at 1605 East Elizabeth Street include?

1605 East Elizabeth Street in Pasadena includes 1.000 acres of land

What is the population within 1 mile of 1605 East Elizabeth Street in Pasadena?

The population within 1 mile of 1605 East Elizabeth Street Pasadena, CA 91104 is 21,781 people.

Who do I contact for questions about 1605 East Elizabeth Street?

You should contact the listing agent, Scott Martin, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Los Angeles International Airport (LAX)	23
Ontario International Airport (ONT)	31
John Wayne Airport-Orange County Airport (SNA)	37