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Key Details
Sold Price $4,250,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV23183270
Sold Date 02/02/24
Bedrooms 4
HOA Y/N No
Lot Size 0.380 Acres
Property Description
INCREDIBLE 14 UNIT IN PRIME LOCATION OF SOUTH PASADENA! For the first time in over 50 years, 706 Brent Ave is ready for a new owner. Brent offers an incredible opportunity to own a 14-unit apartment in one of Southern California's premier cities. Meticulously maintained, this trophy property was built in 1950. It has atotal of 10,850 sqft,situated on a 16,532 sqft lot. There are 14 carportspaces w/ storage, 1 enclosed garage and 3 additional uncovered spaces. It has a shared laundry room w/ seller owned appliances.The property is separately metered for gas and electric. Excellent unit mix of two 2bed/1bathunits along with four large 1bed/1bath units and eight standard sized 1bed/1bath units.With a "Walk Score" of 94, all things South Pasadena can be enjoyed within a short distance. Nearby shopping & restaurants like Bristol Farms, Trader Joe's, Mike & Anne's, Heirloom Bakery & Cafe, Gus's BBQ, Fiore Market and so much more! Garfield Park, The Metro Gold Line, easy access to freeways, it's easy to see why future residents love this area! Beyond incredible shopping and dining, South Pasadena schools are consistently ranked near the top of all CA schools. As previously stated, investment opportunities like this rarely hit the open market in prime areas like this. Take advantage of the opportunity to add this incredible asset to your portfolio as it's sure to be an incredible long-term investment.
INCREDIBLE 14 UNIT IN PRIME LOCATION OF SOUTH PASADENA! For the first time in over 50 years, 706 Brent Ave is ready for a new owner. Brent offers an incredible opportunity to own a 14-unit apartment in one of Southern California's premier cities. Meticulously maintained, this trophy property was built in 1950. It has atotal of 10,850 sqft,situated on a 16,532 sqft lot. There are 14 carportspaces w/ storage, 1 enclosed garage and 3 additional uncovered spaces. It has a shared laundry room w/ seller owned appliances.The property is separately metered for gas and electric. Excellent unit mix of two 2bed/1bathunits along with four large 1bed/1bath units and eight standard sized 1bed/1bath units.With a "Walk Score" of 94, all things South Pasadena can be enjoyed within a short distance. Nearby shopping & restaurants like Bristol Farms, Trader Joe's, Mike & Anne's, Heirloom Bakery & Cafe, Gus's BBQ, Fiore Market and so much more! Garfield Park, The Metro Gold Line, easy access to freeways, it's easy to see why future residents love this area! Beyond incredible shopping and dining, South Pasadena schools are consistently ranked near the top of all CA schools. As previously stated, investment opportunities like this rarely hit the open market in prime areas like this. Take advantage of the opportunity to add this incredible asset to your portfolio as it's sure to be an incredible long-term investment.
Location
State CA
County Los Angeles
Area South Pasadena (91030)
Zoning Assessor
Interior
Cooling Wall/Window
Exterior
Exterior Feature Stucco
Building
Lot Description Sidewalks
Story 2
Level or Stories 2 Story
Others
Space Rent $10,350
Financing Cash
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Bought with Chuhui Huang • Re/Max Premier Prop Arcadia
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878