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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
Year Built 1953
Lot Size 0.470 Acres
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*
Interior
Heating Wall Furnace
Flooring Carpet
Laundry Common Area, Laundry Room
Exterior
Parking Features Assigned, Carport, Driveway
Pool Fenced, In Ground
Building
Story 2
Others
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