South Pasadena, CA 91030,1115 Hope ST

$1,710,000

$1,598,000

7.0%
Est.Price: ?

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Est. payment /mo

7,405 Sqft Lot


SOLD DATE : 08/30/2018

Key Details

Sold Price $1,710,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Not Applicable - 1007242

MLS Listing ID P0-818002943

Sold Date 08/30/18

HOA Y/N No

Year Built 1921

Lot Size 7,405 Sqft

Acres 0.17

Property Description

This charming 4 unit property has much to offer. Located in the heart of South Pasadena this property features 3 units in the front house and a 2 BR/1 BA house in the back. The units in the front house are as follows: 2 BR unit with HW floors, crown moldings, bay windows, central AC and interior laundry. This unit occupies the entire bottom floor. Both upstairs units are currently rented as 1 BR + den/office with carpet and window A/C units. The back house was recently remodeled and has new laminate floors, recessed lighting, granite counters and new cabinets in the kitchen. There is also a brand new bathroom. You are 2 blocks away from the Metro Gold Line, The Farmer's Market and all the shops and dining on Mission, plus your tenants have access to the Blue Ribbon South Pasadena School system. The property also has a 2 car detached garage and a storage shed. All rents are currently below market value with a lot of upside potential. This could make a great property to live in one unit and rent the rest or just keep this as all rental income. Don't miss this opportunity to own a character property with outstanding income potential in a very desirable location. DO NOT DISTURB THE TENANTS.

Location

State CA

County Los Angeles

Area 658 - So. Pasadena

Zoning SPPYYY

Rooms

Other Rooms Shed(s)

Ensuite Laundry Inside, None

Interior

Interior Features Built-in Features, Crown Molding, Recessed Lighting, Dressing Area, Galley Kitchen

Laundry Location Inside,None

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Laminate

Fireplace No

Appliance Gas Water Heater, Water Heater

Laundry Inside, None

Exterior

Garage Garage, Gravel, One Space, Uncovered

Garage Spaces 2.0

Garage Description 2.0

Accessibility None

Parking Type Garage, Gravel, One Space, Uncovered

Total Parking Spaces 2

Building

Lot Description Lawn, Landscaped, Level, Near Public Transit

Faces North

Story 2

Entry Level Two

Foundation Raised

Level or Stories Two

Additional Building Shed(s)

Others

Tax ID 5315009033

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Energy Description 360.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Tony Dowdy • Coldwell Banker Residential Brokerage Company
Bought with Steven Daly • Coldwell Banker Residential Brokerage Company
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

 

Scott Greenspan 

Broker Owner

+1(310) 363-0606

info@greenspanrealty.net

Rancho Palos Verdes, CA, 90275, USA

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