Description
This 67% vacant building in a highly desirable area of pasadena offers a savvy investor opportunity to buy single-story bungalow style apartments in an excellent part of pasadena. this is the first time the property is being offered for sale in 28 years. the property is only several blocks north of old town pasadena and has a high walk score 86 – bike score 91. the property is a single-story bungalow style apartment that was built in 1937. it is situated on a large ±13,128 sf lot. it has been carefully maintained and has undergone major upgrades such as updated electrical panels, and sewer line (buyer to verify during due diligence). it offers a desirable unit mix of two x 2bed+1bath, and four x 1bed+1bath units. all the units have had some upgrades, and 3 of the units have been fully upgraded with high-end and modern updates. each unit has original hard wood flooring, double pane windows, individual water heater, laundry hookups (except 1 unit – 3 units come with laundry machines), private patio, mini-split a/c & heating. three units are currently being rented as vacation rentals and will be delivered fully upgraded and fully furnished. the 4th vacant unit has had some updates. the property has 5 garage spaces and 3 open parking spaces totaling 8 spaces. from 5 garages, only 2 are assigned to tenants leaving the remaining 3 available for extra income or even adu conversion. each unit has an individual water heater and separate meters for electricity and gas. no parking soft story is required.
Property Type
Residential IncomeCounty
Los AngelesStyle
BungalowAD ID
48247880
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Asphalt
- Windows: Double Pane Windows
- Property Appliances: Dishwasher,Disposal,Gas Range,Refrigerator,Water Heater
- Fireplace: None
- Flooring: Wood
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1937
- Building Area Total: 3,559
- Roof: Asphalt
Accessibility Features
- None
Pool Features
- None
Laundry Features
- Gas Dryer Hookup
Fencing
- Wrought Iron
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.3015
- Lot Size Source: Assessor
- Lot Size Square Feet: 13132
-
Listing Information
Listing Price Information
- Original List Price: 2,075,000
- Listing Contract Date: 2025-01-06
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5725028024
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Garage
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 645 - Pasadena (NW)
- Postal Code Plus 4: 4353
- Directions: northwest corner lot of Los Robles Ave and Ashtabula Rd.
- Zoning: PSR1
- Source Property Type: Residential Income
- Area: 645 - Pasadena (NW)
- Property SubType: Apartment
Building and Construction
- Property Age: 88
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Builder
- Entry Level: 1
- Entry Location: ground level
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 01/18/2025 @ 13:20
- MLS: AR25003029
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 3,559 sqft, 13,132 sized lot, and 5 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Pasadena , in zip code 91104, this Los Angeles County Home are nearby neighborhoods.