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!