Back to Search

For sale
Land
CA
Pasadena
91106
401 N Chester Avenue

Pasadena Land with Development Potential

401 N Chester Avenue Pasadena, CA 91106

401 N Chester Avenue, Pasadena, CA, 91106

$4,800,000

For Sale

$4,800,000

LAND - Pasadena, CA

Lot Size0.52 Acres

AddedMay 6

Days on Market71

Last RefreshJul 15 at 7:06 am

Property Features for 401 N Chester Avenue

General Information

Property type: Land
Property subtype: Other
Zoning: RM48
Standard status: Active
APN: 5739003036
Lot size: 0.52 Acres

Utilities

Water source: Public

Listing agent Chung Ping Wang License #01146991

Listing office Century 21 Ludecke Inc. 34 E Foothill Blvd., Arcadia, CA

Listing date May 6, 2026

MLS# AR26099771

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property features a lot size of 22,497 square feet and is zoned RM48. Currently, there are a total of five units on the property, consisting of single-family residences and a triplex. The existing units generate a monthly income of $7,885. The zoning allows for the construction of up to 24 condominium or apartment units. With a standard 50% bonus, the property could accommodate up to 36 units. A maximum stacked 100% bonus could potentially allow for the construction of up to 48 units. The property includes three parcels: 5739-003-036, 5739-003-037, and 5739-003-040. Interested parties are advised to verify building possibilities with the City of Pasadena Building Department.

Key Highlights

Development Potential: Zoned RM 48, allowing for construction of up to 48 units with bonuses (subject to city approval).
Large Lot Size: 22,497 Sq Ft provides ample space for development.
Existing Income: Generates a monthly income of $7,885.00 from 5 units.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Similar For Sale Nearby

$999,000

1,850 SF

Craftsman Duplex with Two Homes

Two craftsman residences on one lot offer separate living spaces, with a front yard and a set-back rear home behind a fence.

814 N Madison Ave, Pasadena, CA 91104

View Details
$980,000

1,840 SF

Multi-Family Property

Multi-family property offered for sale with PSR6 zoning at 588 N Chester Avenue in Pasadena.

588 N Chester Avenue, Pasadena, CA 91106

View Details
$1,000,000

Pasadena Multi-Family Property

Multi-family property for sale in Pasadena on a small lot.

1501 N El Molino Avenue, Pasadena, CA 91104

View Details
$5,995,000

7,774 SF

Historic Pasadena Office Building

Two-story office building in Pasadena's Playhouse Historic District.

489 East Colorado Boulevard, Pasadena, CA, 91101

View Details
$1,880,000

Quadplex Income Property

For sale quadplex on a 0.2615-acre lot in Pasadena, CA 91101.

279 Parke Street, Pasadena, CA 91101

View Details
$3,800,000

Freestanding Two-Story Office Building

Turn-key creative office space with flexible layout and gated on-site parking for up to nine vehicles.

60 W Bellevue, Pasadena, CA 91105

View Details
$1,299,000

2,200 SF

Residential Income Duplex

For sale duplex income property on a 0.1388-acre lot in Pasadena, CA 91107.

79 N Berkeley, Pasadena, CA 91107

View Details
$1,798,000

Triplex Income Property

For sale triplex on a 0.2832-acre lot at 892 S Marengo in Pasadena, CA 91106.

892 S Marengo, Pasadena, CA 91106

View Details
$2,500,000

6,536 SF

Single-Story Office Building with Vacant Suites

16-suite office building with individually leased spaces and multiple vacant suites, supported by CG zoning for redevelopment.

1245 E WALNUT ST, PASADENA, CA 91106

View Details
$1,600,000

Tenant-Occupied Commercial Building

Tenant-occupied commercial building for sale in Pasadena, subject to buyer due diligence with City planning for future work.

1485 Lincoln, Pasadena, CA 91103

View Details
$6,500,000

8,250 SF

Prime Pasadena Retail Storefront Opportunity

Highly visible retail asset in Pasadena's South Lake Avenue District.

396-400 S Lake Avenue, Pasadena, CA 91101

View Details
$6,300,000

Pasadena Land for Condominium Project

Land suitable for a 34-residence condominium project in Pasadena.

252 N Michigan Ave., Pasadena, CA 91106

View Details

For sale
Land
CA
Pasadena
91106
401 N Chester Avenue

What type of property is this?

Land - Large lot zoned for multifamily development in Pasadena.

Where is this land located?

The property is located at 401 N Chester Avenue Pasadena, CA.

What is the asking price?

The asking price for this property is $4,800,000.

What are key features of this property?

This property features: Development Potential: Zoned RM 48, allowing for construction of up to 48 units with bonuses (subject to city approval).; Large Lot Size: 22,497 Sq Ft provides ample space for development.; Existing Income: Generates a monthly income of $7,885.00 from 5 units.

401 N Chester Avenue Pasadena, CA 91106

LAND - Pasadena, CA

Property Features for 401 N Chester Avenue

General Information

Utilities

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Craftsman Duplex with Two Homes

Multi-Family Property

Pasadena Multi-Family Property

Historic Pasadena Office Building

Quadplex Income Property

Freestanding Two-Story Office Building

Residential Income Duplex

Triplex Income Property

Single-Story Office Building with Vacant Suites

Tenant-Occupied Commercial Building

Prime Pasadena Retail Storefront Opportunity

Pasadena Land for Condominium Project

FAQs