401 N Chester Avenue, Pasadena, CA 91106

Listing agent Chung Ping Wang License #01146991 Show Phone

Listing office Century 21 Ludecke Inc. c***@aol.com 34 E Foothill Blvd., Arcadia, CA Show Phone

Listing date May 6, 2026

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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.

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Overview

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.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Pasadena

County

Los Angeles

State

California

Longitude

-118.1246737

Latitude

34.1529569

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FAQs

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.