288 N Vinedo Ave, Pasadena, CA 91107 (MLS # SR24170536)

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PRICE $2,995,999 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 4,627 sqft
LOT SIZE 10,128 sqft

Income Property with a custom-built workshop for someone looking for an Investment Property, or live on the property where your office/shop is located. Located in the Lamanda Park neighborhood of beautiful Pasadena, the entire property consists of 3 parcels with 2 structures. Front structure facing Vinedo is a beautiful craftsman-style built at the turn of the century with many elements of the era such as low-pitched gable roof with overhanging eaves, earth-toned exteriors giving the home a natural aesthetic, with porches in front and in rear. It's a Duplex with all the charm and beauty of a home near the turn of the century inspired by the arts and crafts movement of the early 1900s, that has been beautifully restored with modern day features. The owners have an appreciation for woodworking and have meticulously maintained the originality of the home, while keeping the theme of the architecture style when modernizing and upgrading. It truly is a must see! All the square footage listed here are approximate and must be verified. The Larger unit, A, is a 2 bedroom, 2 bath with lots of built-ins. Unit A is approx. 1200 sq ft. and brings in $2500/month while Unit B , which is approximately 450 sq ft., brings in $2000/month. The residence is beautifully landscaped and paved using cobblescape-octagon-dot pavers with a slight beveled edge in the driveway and throughout the rear patio/garden area. It is all exquisitely groomed, inside and out.The shop, which is accessible from rear, consists of approx 3059 SF (not exact -BUYER must verify) of light industrial space - 2 levels - includes 600 SF of office space. Office upstairs with mountain views and overlooks workshop below. Lots of built-ins and wide open space. Shop has 19' Clear Height and the 2nd floor has a high weight load capacity for easy access with a forklift or a car lift. Shop has 2 Restrooms and is equipped with a 200amp 3 phase panel & a 220amp Single Phase Power Panel, 2 wide roll-up doors, 7 Parking Spaces with a Loading Dock and a Storage Area. Owner is willing to carry if Buyer has sufficient Down Payment. Carry Terms : Approx $2,000,000 (or remaining balance after down payment is applied) at 6.5% amortized for 15 years with a ballon payment due in 5 years. Owner is looking to stay in the main house for 60 months as a rent-back at the rate of $2500/month, if the Buyer should desire to entertain this arrangement. Seller is eager to entertain any serious offer. Everything is negotiable.

DAYS ON MARKET 74 LAST UPDATED 10/19/2024
YEAR BUILT 1890 COMMUNITY Pasadena (NW)
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA Pasadena (NW)
HEAT Central
HOA DUES 0
LOT 10126 sq ft
LOT DESCRIPTION 0-1 Unit/Acre
POOL DESCRIPTION None
SEWER Unknown
STORIES 2
STYLE Craftsman, Custom
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with eXp Realty of California Inc

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 6:27 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

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