New York Drive, Pasadena, CA 91107

This 4.67-acre land lot, identified by APN #5860-026-014, presents a residential development opportunity. Located on New York Drive in Pasadena, CA 91107, the property is situated in a prime location. A conceptual site plan for 26 condominium units has been submitted to the County and reviewed by Regional Planning, Fire, Parks and Recreation, Public Health, and Public Works, with mostly positive feedback. The gently sloping terrain provides approximately 2 acres of buildable area, suitable for a residential community that can take advantage of the site's natural topography. The property is suitable for detached condominium community projects and offers proximity to key amenities. The development requires 15% of total units (4 units) to be affordable housing, with an average affordability of 135% of AMI. The project is eligible for an affordable density bonus. Although the property has a Pasadena address, it is part of Los Angeles County. Utilities in the public right of way are under the jurisdiction of the City of Pasadena, requiring additional coordination. All utility design and approval will be required through the subdivision application and tentative/final map approval process. The buyer is responsible for verifying all zoning and other requirements, as the seller makes no representations or warranties regarding the zoning status of the property.