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Key Details
Sold Price $1,770,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P0-818001383
Sold Date 04/23/18
HOA Y/N No
Year Built 1950
Lot Size 8,276 Sqft
Property Description
FOURPLEX located at 330 Pasadena Avenue in the highly coveted city of South Pasadena. Built in 1950, this 4-unit investment property features two 2 bed/1bath and two 1 bed/1 bath apartments including a separate 4-car carport and laundry room. Three of the units are currently occupied and one unit will be delivered vacant - all with a projected rental income of $7,800 per month. Touted as one of the region's most prestigious public school systems, the City of South Pasadena was also named Runner Up and Reader's Pick in the 'Best Cosmopolitan Suburb' category of Sunset Magazine's Best Places to Live & Work in the West competition. Additional improvements to the property include; partial copper re-pipe, earthquake bolting, newer interior paint (Apt. A, B, D), remodeled baths (Apts. B, C), new carpet (Apts. B, C, D), bedroom ceiling fans, window A/C units, and new kitchen appliances (Apts. B, D). Close proximity schools, Metro Gold Line, South Pasadena Farmer's Market, trendy cafes & shopping, Arroyo Seco's hiking trails, Old Town Pasadena, the Rose Bowl, and DTLA.
Location
State CA
County Los Angeles
Area 658 - So. Pasadena
Zoning SPR310000*
Interior
Flooring Carpet, Wood
Fireplace No
Exterior
Carport Spaces 4
Total Parking Spaces 4
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 5313010052
Acceptable Financing CashtoNewLoan
Listing Terms CashtoNewLoan
Special Listing Condition Standard
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Bought with Thomas Chou • ALTC Realty
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692