SOLD 11/02/2023
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Land sold for $5,510,000 in 95 days
511 S Oak Knoll Ave Pasadena, CA, 91101
Off the market 0.65 acres
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!
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Property details
28,350 sqft interior area
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Land area
28,350 sqft (0.65 acres)
Price per sqft
$194/sqft
Address
511 S Oak Knoll Ave, Pasadena, CA, 91101
City of California
Pasadena
County
Los Angeles
Previous price
$5,510,000
District
Not Defined
Zoning
RM-4
Open Houses
No upcoming open houses
Listed by
Katie Grech, Keller Williams Realty
Name
Katie Grech
License number
01997632
Brokerage company
Keller Williams Realty
MLS #
CRNDP2305953
Buyer agent
Name
Timothy Barden
Brokerage company
Park Place Partners, Inc.
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Mortgage
$16,917
Taxes
$0
HOA dues
$0
Mortgage
$1,102,000 / 20%
2.28%
30 years
Your amount
$16,917 / month
Lot details
TMK #5734020021
Lot Description
Level
Parcel #
5734020021
91101 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 91101
40%
Families with children
National average: 39%
39%
Non family households
379,026
Population
$123,608
Average Income
Age & gender
Median age 40 years
More info
Commute types
79% commute by car
More info
Education level
26% have bachelor education
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Number of employees
2% work in education and healthcare
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Vehicles available
39% have 2 vehicle
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Vehicles by gender
39% have 2 vehicle
More info
Housing market insights for
$1.62m
Neighborhood average
sales price*
sales price*
$1.27m
Neighborhood median
sales price*
sales price*
538
Number
of sales*
of sales*
Housing type
47% are single detacheds
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Rooms
39% of the houses have 4 or 5 rooms
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Bedrooms
61% have 2 or 3 bedrooms
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Owners vs Renters
51% are renters
More info
17.83 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Location Details, Documents & Disclosures
—
Directions to property
Located on the west side of Oak
Price history
Sold Nov 2, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Nov 2, 2023 | Sold | $5,510,000 | 194.36 | Public Record |
| Aug 1, 2023 | For sale | $5,510,000 | 194.36 | MLS #CRNDP2305953 |
| Aug 1, 2023 | Under contract | $5,510,000 | 194.36 | MLS #CRNDP2305953 |
| Jul 31, 2023 | New Listing | $5,510,000 | 194.36 | MLS #CRNDP2305953 |
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Frequently Asked Questions about 511 S Oak Knoll Ave
What is 511 S Oak Knoll Ave?
511 S Oak Knoll Ave is a lot of 0.65 acres (about is 28,350 sqft).
What is the full address of this Land?
511 S Oak Knoll Ave, Pasadena, CA, 91101.
Tell me about the point of interest nearby
The closest grocery stores are Pavilions 2224, 0.14 miles away and Trader Joe's, 0.25 miles away.
Based on information from the bridgeMLS as of 05-12-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Nov 03, 2023
Verhouse Last checked 4 minutes ago
The closest grocery stores are Pavilions 2224, 0.14 miles away and Trader Joe's, 0.25 miles away.
The 91101 zip area has a population of 379,026, and 40% of the families have children. The median age is 40.24 years and 79% commute by car. The most popular housing type is "single detached" and 51% is renter.