6 months on rocket

254 E Union St, Pasadena, CA, 91101

$8,500,000

0.50 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewCity Lights, Other, Hills, Mountain(s), Neighborhood
MLS #P1-18041
Lot Size0.50 Acres
StatusActive

About 254 E Union St

Rare opportunity to develop new condominiums in the heart of Old Town Pasadena. A new residential address is poised to rise on Union, moments from main street Colorado and surrounding Old Town Pasadena and around the corner from The Paseo Mall. This is city living at its best, highly scored for walking, biking and transit access (mere blocks from the Metro). The 59-unit structure, now in the 'Ready to Issue Permits' stage, enjoys views of Mt. Wilson, Pasadena City Hall and the San Gabriel Mountains. With over 53,000 square feet of living space on six stories, the Mediterranean style building will offer 28 two-bedroom/two-bath units and 25 one-bedroom/one-bath units, along with six studios. A roof terrace with spectacular city and mountain views, a second-floor open space common area, and three levels of subterranean parking/storage complete the amenities. One large retail space will anchor the street level, across the way from a small park. You simply couldn't live closer to the vibrant core of the city's historic district--and the heart of the charming urban Pasadena lifestyle.

Property Details

Property Features

Listing Office:

  • Office Name: Engel & Voelkers Pasadena
  • Office Email: maxpellegrinidilbeck@gmail.com
  • Listing Agent: Max Pellegrini

Exterior Features

Exterior Information:

  • View: City Lights, Other, Hills, Mountain(s), Neighborhood

Lot Features

Lot Information:

  • Lot Size: 0.50 Acres

Other

Directions Information:

  • Directions: Property is located on Union between Garfield Ave and Marengo Ave. Union is a one way street. Must come off Garfield Ave in order to access 254 E. Union Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,500,000
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Housing Market Comparison

See how this home compares to others in Pasadena, CA.

Med. Sold Price

$1.2M

Med. Price/SqFt

$766

Avg. Days On Market

32

# of Sold Homes

77

254 E Union St vs Pasadena

187 DAYS ON ROCKET

+155 Days

$8,500,000

+$7.2M More

KEY TAKEAWAY

This property is $7.2M more than the Median Sold Price in Pasadena, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #P1-18041

Listing Office:

  • Office Name: Engel & Voelkers Pasadena
  • Office Email: maxpellegrinidilbeck@gmail.com
  • Listing Agent: Max Pellegrini

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 4:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$42.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$25.5K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4371004
4
/10
  • Madison Elementary School

  • 515 E Ashtabula St

  • 0.89 miles

  • Public District Grades PK-5

school-card-donut-4371005
3
/10
  • Washington Elementary School

  • 1520 N Raymond Ave

  • 1.73 miles

  • Public District Grades PK-5

school-card-donut-4371006
5
/10
  • San Rafael Elementary School

  • 1090 Nithsdale Rd

  • 1.78 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $12,422. The majority of Pasadena, CA residents have income less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 254 E Union St

What is the listing price of this property?

The listing price of 254 E Union St property is $8,500,000.

Is this property for sale now?

Active Listing: 254 E Union St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 254 E Union St is 0.50 acres.
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Rocket HomesCaliforniaLos Angeles CountyPasadena91101254 E Union St

This home is located at 254 E Union St in Pasadena, CA and zip code in the The Verdugos neighborhood. This home sits on a 0.50 acre lot. It has been listed on Rocket Homes since June 13, 2024 and is currently priced at $8,500,000.

Pasadena, CA housing market in November 2024 saw over 43 listings sold above listed price, more than 13 sold at listed price and over 21 sold below. The number of listings in Pasadena, CA decreased by 9.9% between October 2024 and November 2024. In November 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $1,212,217.

From Rocket Homes Real Estate and based on county public records data.

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