$4,550,000
$4,250,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
0.47 Acres Lot
SOLD DATE : 04/10/2020
Key Details
Sold Price $4,550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable - 1007242
MLS Listing ID P0-819005049
Sold Date 04/10/20
HOA Y/N No
Year Built 1953
Lot Size 0.470 Acres
Acres 0.47
Property Description
We are pleased to present this mid-century 20-unit apartment building located in a prime South Pasadena location. It has not been up for sale in almost 45 years. The property offers (18) 1-bedroom units and (2) 2-bedroom units. All units are separately metered for gas and electricity. There is a pool in the front, laundry room on-site and 20 carport spaces. Please note that unit No. 1 is a 2 bedroom and currently occupied by the on-site manager. The property is located a short distance from the Metro stop, Arroyo Vista Elementary School, Arroyo Seco Racquet Club, South Pasadena Skate Park and the trendy Mission District. Old Town Pasadena is a short trip up Fair Oaks. This property offers a tremendous opportunity and upside for investors!
Location
State CA
County Los Angeles
Area 658 - So. Pasadena
Zoning SPR310000*
Rooms
Ensuite Laundry Common Area, Laundry Room
Interior
Laundry Location Common Area,Laundry Room
Heating Wall Furnace
Flooring Carpet
Fireplace No
Laundry Common Area, Laundry Room
Exterior
Garage Assigned, Carport, Driveway
Carport Spaces 20
Pool Fenced, In Ground
Parking Type Assigned, Carport, Driveway
Total Parking Spaces 20
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Tax ID 5313011004
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Bought with Matthew Bryant • Berkshire Hathaway HomeServices California Properties
"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