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Key Details
Sold Price $4,800,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-13326
Sold Date 05/26/23
Bedrooms 5
HOA Y/N No
Lot Size 0.390 Acres
Property Description
Rare opportunity to acquire a 12 unit property in South Pasadena. With a unit mix consisting of four 2 bedroom, 2 bathroom units and eight 1 bedroom and 1 bath units, this well maintained property is nicely located on Huntington Blvd. just minutes away from award-winning South Pasadena High School. South Pasadena features an award-winning school district, charming commercial district, an easy commute to DTLA or Pasadena and no local rent control. Offering excellent upside on rents, most tenants are on a month-to-month basis and the units have been professionally managed. The property also offers 12 covered parking spaces, a private 2-car garage and a laundry room.
Rare opportunity to acquire a 12 unit property in South Pasadena. With a unit mix consisting of four 2 bedroom, 2 bathroom units and eight 1 bedroom and 1 bath units, this well maintained property is nicely located on Huntington Blvd. just minutes away from award-winning South Pasadena High School. South Pasadena features an award-winning school district, charming commercial district, an easy commute to DTLA or Pasadena and no local rent control. Offering excellent upside on rents, most tenants are on a month-to-month basis and the units have been professionally managed. The property also offers 12 covered parking spaces, a private 2-car garage and a laundry room.
Location
State CA
County Los Angeles
Area South Pasadena (91030)
Zoning Assessor
Interior
Cooling Wall/Window
Building
Lot Description Sidewalks
Others
Acceptable Financing Cash
Space Rent $1,959
Listing Terms Cash
Financing Cash
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Bought with QIN ZHOU • KINGSTON REALTY
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878