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South Pasadena, CA 91030,1411 Fair Oaks AVE
South Pasadena, CA 91030,1411 Fair Oaks AVE
South Pasadena, CA 91030,1411 Fair Oaks AVE
$2,300,000
Est. payment /mo
$2,395,000
4.0%
Est.Price: ?

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8,341 Sqft Lot
SOLD DATE : 09/04/2024

Key Details

Sold Price $2,300,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P1-16499

Year Built 1921

Annual Tax Amount $5,998

Tax Year 2023

Lot Size 8,341 Sqft

Property Description

Discover the charm and potential of this stunning 5-unit Spanish style residential income property in the heart of South Pasadena. Boasting with classic architectural details, each unit offers a blend of old-world elegance and modern convenience. The property features two 2-bedroom and 1-bathrooms units and three 1-bedroom and 1-bathroom units. Interior details such as arched doorways, built-ins and hardwood flooring provide a timeless and inviting atmosphere. Each unit is provided with an assigned parking space and access to an on-site laundry room in addition to private balconies and patios. The two units in the front of the property have the added convenience of washer dryer hookups inside the unit. The property has been thoughtfully updated throughout the years including newly installed roofing, updated electrical and fresh exterior paint. Ideal for investors and owner-occupiers alike, this income property presents a rare opportunity to own a piece of South Pasadena's rich history while generating steady rental income. With its convenient location near Mission Street shops and dining, Bristol Farms, Garfield Park, and local Elementary, Middle and High school, tenants will enjoy the best of what the area has to offer.

Location

State CA

County Los Angeles

Area 658 - So. Pasadena

Zoning R3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile, Vinyl, Wood

Fireplaces Type See Remarks

Laundry Washer Hookup, Gas Dryer Hookup, In Kitchen

Exterior

Exterior Feature Lighting, Rain Gutters

Parking Features Assigned, Concrete, Carport, Door-Multi, Driveway Level, Garage, On Site, One Space, See Remarks, Side By Side

Fence Wood, Wrought Iron

Pool None

Community Features Gutter(s), Storm Drain(s), Street Lights

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Overhead Utilities

View Y/N No

View None

Roof Type Composition,Rolled/Hot Mop,Spanish Tile

Building

Lot Description Agricultural, Front Yard, Sprinklers In Front, Lawn, Near Public Transit, Rectangular Lot, Sprinklers Timer, Trees

Story 1

Foundation Concrete Perimeter, Pillar/Post/Pier, Raised, Slab

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard, Trust

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California Regional MLS (CRMLS)
Listed by Jim Rock • COMPASS • (626) 484-7006
Bought with Jim Rock • COMPASS
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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