1555 Diamond Avenue, South Pasadena, CA 91030

$949,000 Asking Price

2 beds
2 baths
1,054  sqft
Built in 1911

Incredible development potential seldom seen in South Pasadena! This RARE single family home and huge gently sloping lot is a blank canvas waiting for a visionary new owner. This is a fixer upper with boundless potential and immediate upside! Some demo has been done and the house needs to be rebuilt. Perfect developer opportunity. Surrounded by homes selling for $2,000,000 to $3,000,000! Enormous gently sloping 10,441 square foot lot spanning an entire city block from Diamond Avenue all the way to Meridian Avenue! There is room for anything from a huge pool to the maximum sized ADU plus plenty of room left over for impressive grounds and gardens! There is a truly huge separate garage structure at the rear with its own street entrance from Meridian Avenue. Check with the city on ADU conversion. The location is impeccable literally just steps to South Pasadena High School. This may be the last large lot with boundless development opportunity on Diamond Avenue by South Pasadena High School. Dont miss out because once its gone there will never be another property of this scale at this price.

Features & Amenities

Interior

General:
Beamed Ceilings
Laundry:
Kitchen
Flooring:
Wood
A/C:
Wall/Window
Heating:
N/K
Fireplace:
N/K

Exterior

General:
Shingle Siding
Style:
Craftsman,Craftsman/Bungalow
Pool:
None
Parking:
Driveway, Parking spaces: 2

Construction

General:
2 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
5319031006
View:
Trees/Woods

Utilities

Utilities:
Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
South Pasadena Homes, Derek Vaughan

About South Pasadena, CA

Housing

Number of Units
10,814
Median Home Value
$1,041,426
Median Rent
$1,769

51.18% of housing units are renter occupied.

4.96% are vacant.

Commute

Car
53.11%
Public Transportation
3.72%
Walk to Work
1.88%
Work from Home
39.24%
Other
0.35%

The median travel time to work is 21 minutes.

People

Population
26,653
Median Age
40.10
Median Household Size
2.84

Education

High School
6.56%
Associate’s Degree
7.49%
Bachelor’s Degree
35.72%
Graduate Degree
35.39%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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