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Key Details
Sold Price $2,325,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 6,315 sqft
Price per Sqft $368
MLS Listing ID CRP1-18133
Sold Date 11/05/24
HOA Y/N No
Year Built 1950
Lot Size 8,767 Sqft
Acres 0.2
Property Description
This is your classic mid-century garden apartment building with 8 very easy to rent units and located in prestigious South Pasadena. The location is close to the heart of South Pasadena's business district and a short drive to downtown Los Angeles and Old Town Pasadena. The unit mix consists of (7) 1 bedroom units and (1) 2 bedroom unit catering to a diverse range of tenants. The building has 6,315 square feet of living space and a lot size of 8,767 square feet. The property is individually metered for gas and electricity. A laundry room with a sink is conveniently located on-site. Parking is provided with 8 covered car ports each with their own storage cabinets. A new roof at a cost of over $39,000 was put on in 2018. Tremendous up-side on rents. One vacant unit to immediately bring up to market rent. This property represents a great value-add opportunity for the discerning investor.
Location
State CA
County Los Angeles
Area Listing
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Carpet
Fireplace No
Laundry Community Facility
Exterior
View Y/N false
View None
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 5320009006
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with KenHuynh