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$30,000,000
Est. payment /mo
5 Beds
0.43 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS25279662
Bedrooms 5
Lot Size 0.430 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Investors delight! Rare opportunity to acquire a 50-unit luxury condominium building in a highly sought-after Pasadena location, just a short walk to Old Town Pasadena, renowned for its premier dining, shopping, and entertainment. The five-story mixed-use property features a well-balanced unit mix and 3,140 SF of ground-floor retail, enhancing both income stability and long-term value. The building consists of4 Studios, 34 One-Bedroom / One-Bath, 9 Two-Bedroom / Two-Bath, 3 Three-Bedroom / Two-Bats. Unit amenities: In-unit washer/dryer hook-ups, Central HVAC, Private patio or balcony (select units), Stainless-steel appliance package, including Refrigerator, Microwave, Gas range, Vent hood. Immediate access to major retail, restaurants, and entertainment, Convenient freeway access to I-210 and I-110, providing strong regional connectivity. This asset offers a compelling combination of prime location, modern amenities, and diversified unit mix, ideal for investors seeking long-term appreciation and stable cash flow in one of Southern Californias most desirable submarkets.
Location
State CA
County Los Angeles
Zoning Assessor
Direction S/ Colorado Bl
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 5
Level or Stories 5
Others
Senior Community No
Tax ID 5722030110
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Listed by CHARLES C L FANN IRN REALTY
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878