Property is currently owned and used by a religious institution. This large 16,000+ sq ft lot is zoned for multiple units. 12 units would fit, with possible additional under new density guidelines. Located on Sierra Madre Blvd south of Colorado, just one-half block from the corner where the Rose Parade makes its last turn. Excellent location for townhome development. Close to all the great commercial and retail outlets that Pasadena has to offer. Truly an outstanding opportunity.