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$2,075,000
Est. payment /mo
0.3 Acres Lot
UPDATED:
01/07/2025 07:23 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR25003029
Style Bungalow
Originating Board California Regional MLS
Year Built 1937
Lot Size 0.301 Acres
Property Description
This 67% vacant building in a highly desirable area of Pasadena offers a savvy investor opportunity to buy single-story bungalow style apartments in an excellent part of Pasadena. This is the first time the property is being offered for sale in 28 years. The property is only several blocks north of Old Town Pasadena and has a high Walk Score 86 - Bike Score 91. The property is a single-story bungalow style apartment that was built in 1937. It is situated on a large ±13,128 SF lot. It has been carefully maintained and has undergone major upgrades such as updated electrical panels, and sewer line (buyer to verify during due diligence). It offers a desirable unit mix of two x 2bed+1bath, and four x 1bed+1bath units. All the units have had some upgrades, and 3 of the units have been fully upgraded with high-end and modern updates. Each unit has original hard wood flooring, double pane windows, individual water heater, laundry hookups (except 1 unit - 3 units come with laundry machines), private patio, mini-split A/C & heating. Three units are currently being rented as vacation rentals and will be delivered fully upgraded and fully furnished. The 4th vacant unit has had some updates. The property has 5 garage spaces and 3 open parking spaces totaling 8 spaces. From 5 garages, only 2 a
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Rooms
Kitchen Dishwasher, Garbage Disposal, Oven Range - Gas, Refrigerator
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry Gas Hookup, Washer/Dryer - Owned
Exterior
Parking Features Assigned Spaces, Garage
Garage Spaces 8.0
Pool 31, None
View None
Roof Type 2
Building
Lot Description Grade - Level
Story One Story
Water Hot Water, District - Public
Architectural Style Bungalow
Others
Tax ID 5725028024
Special Listing Condition Not Applicable
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© 2025 MLSListings Inc. All rights reserved.
Listed by Han Chen • Growth Investment Group Pasade
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Sharad Gupta
Broker | License ID: 02213637
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