Description
Located in the vibrant heart of pasadena, this property bene?ts from the city’s rich cultural heritage, stunning architecture, and thriving arts scene. the area is known for its diverse community, world-class museums, and commitment to sustainability, making it an attractive destination for residents and visitors alike.
this historic building, originally constructed in 1896, has undergone extensive renovations, completed this year. upgrades include all new plumbing, enhanced electrical systems, freshly painted exteriors, new vinyl fencing, and new roofs throughout. these improvements ensure a modern living experience while preserving the property’s unique charm.
the property features four well-designed units:
1 x 1 bedroom, 1 bathroom
1 x 2 bedroom, 1 bathroom
2 x 3 bedroom, 1 bathroom
this diverse unit mix cater s to a variety of tenants, from singles and couples to families, enhancing rental demand and potential cash ?ow.
situated on a large 10,014 sf lot, the property offers signi?cant development potential. the buyer has the opportunity to build an additional four 1 bedroom, 1 bathroom units, expanding the total square footage by approximately 1,600 sf. this potential for expansion presents an attractive avenue for increased revenue and long-term investment growth.
pasadena's location near los angeles, combined with its desirable amenities, supports a robust rental market. the area attracts a steady in?ux of residents seeking quality housing in a vibrant community, positioning this investment for strong occupancy rates and rental income.
this property represents a unique opportunity to invest in a newly rehabbed multifamily building in a sought-after area of pasadena. with its combination of historic charm, modern amenities, and potential for expansion, this asset is poised for signi?cant appreciation and ongoing cash ?ow.
don’t miss your chance to acquire this exceptional property in one of southern california’s most desirable cities!
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48006721
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Composition,Shingle
- Windows: Double Pane Windows
- Property Appliances: Disposal,Gas Oven,Dryer,Washer
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1896
- Building Area Total: 5,811
- Construction: Plaster
- Roof: Composition,Shingle
Foundation
- Raised
Security Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
Pool Features
- None
Laundry Features
- Inside
Fencing
- Vinyl
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2299
- Lot Size Source: Builder
- Lot Size Square Feet: 10014
-
Listing Information
Listing Price Information
- Original List Price: 2,295,000
- Listing Contract Date: 2024-10-21
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5729016014
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Asphalt,Off Site,Off Street
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: All Utilities,Cable TV,Electricity,Gas,Insurance
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 645 - Pasadena (NW)
- Directions: 210 N exit W Mountain ST head East. Left onto Summit
- Zoning: PSR1
- Source Property Type: Residential Income
- Area: 645 - Pasadena (NW)
- Property SubType: Quadruplex
Building and Construction
- Property Age: 128
- Common Walls: 1 Common Wall
- Property Condition: Updated/Remodeled
- Structure Type: Quadruplex
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 12/18/2024 @ 02:11
- MLS: PW24249404
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 9 bedrooms which is for sale, it has 5,811 sqft, 10,014 sized lot, and 0 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 91103, this Los Angeles County Home are nearby neighborhoods.