This is your classic mid-century garden apartment building with 8 very easy to rent units and located in prestigious South Pasadena. The location is close to the heart of South Pasadena's business district and a short drive to downtown Los Angeles and Old Town Pasadena. The unit mix consists of (7) 1 bedroom units and (1) 2 bedroom unit catering to a diverse range of tenants. The building has 6,315 square feet of living space and a lot size of 8,767 square feet. The property is individually metered for gas and electricity. A laundry room with a sink is conveniently located on-site. Parking is provided with 8 covered car ports each with their own storage cabinets. A new roof at a cost of over $39,000 was put on in 2018. Tremendous up-side on rents. One vacant unit to immediately bring up to market rent. This property represents a great value-add opportunity for the discerning investor.
|
DAYS ON MARKET
|
135
|
LAST UPDATED
|
10/30/2024
|
|
TRACT
|
Not Applicable
|
YEAR BUILT
|
1950
|
|
COMMUNITY
|
So. Pasadena
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Conditional
|
PROPERTY TYPE(S)
|
Residential Income
|
|
Prior to Jul 30, '24
|
$2,850,000
|
|
Jul 30, '24 - Sep 17, '24 |
$2,790,000
|
|
Sep 17, '24 - Sep 28, '24 |
$2,598,000
|
| Sep 28, '24 - Today |
$2,498,000 |
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| AREA |
So. Pasadena |
| GARAGE |
Assigned, Carport, Covered, Storage |
| HEAT |
Wall Furnace |
| HOA DUES |
0 |
| LOT |
8767 sq ft |
| PARKING |
Assigned,Covered,Carport,Storage |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| STYLE |
Mid-Century Modern |
| SUBDIVISION |
Not Applicable |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Ben
Salem to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Bryant Companies
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/30/24 8:26 PM PDT 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. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
Save favorite listings, searches, and get the latest alerts
Save your favorite listings, searches, and receive the latest listing alerts
Twitter
Facebook
Email