CA > Pasadena
Pasadena, CA 91101,259 N Euclid AVE
Pasadena, CA 91101,259 N Euclid AVE
Pasadena, CA 91101,259 N Euclid AVE
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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
$6,800,000
Est. payment /mo
0.27 Acres Lot
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UPDATED:

01/06/2025 10:48 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRAR24215656

Originating Board California Regional MLS

Year Built 1955

Lot Size 0.271 Acres

Property Description

An Irreplaceable location only 2 properties away from Courthouse and City Hall. A prime 23-unit value-add multifamily investment opportunity located in one of the best areas in Pasadena. Situated in the Civic Center District and several properties away from the Pasadena Courthouse and City Hall, this property offers a SUPERB and unbeatable location, perfect for a savvy investor as a buy and hold asset. With this combination of a high-quality location and excellent unit mix, the property provides younger professional tenants with most of the attractions the City of Pasadena has to offer. Literally within walking distance to shopping, dining, and transportation, this location has a Walk and Bike Score of 88. The property is a two-story apartment with some upgrades. It was built in 1955 and has a total of 12,780 SF and situated on a ±11,811 SF Lot (Zoning is PSC - CD-MU-G). It is surrounded by a much higher density commercial/apartment building. Unlike other apartments in the area, this property has parking (9 spaces in the back) which provides excellent amenities to young professionals living in the building. It offers an excellent unit mix for this urban area with eight (8) large 1bed+1bath, seven (7) large Studio, four (4) junior Studio, and four (4) Bachelor (no kitchen) unit

Location

State CA

County Los Angeles

Area 647 - Pasadena (Sw)

Rooms

Kitchen Oven Range - Gas, Refrigerator

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Laundry Laundry Area, Washer/Dryer - Leased, Community Facility

Exterior

Parking Features Assigned Spaces, Carport

Garage Spaces 9.0

Pool 31, None

View City Lights

Roof Type 2

Building

Lot Description Grade - Level

Foundation Pillars / Posts / Piers

Water District - Public

Others

Tax ID 5723004016

Special Listing Condition Not Applicable

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Listed by Han Chen • Growth Investment Group Pasade

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agent
Sharad Gupta

Broker | License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA, 95054, USA

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