Pasadena, CA 91106,409 N Mar Vista AVE
Pasadena, CA 91106,409 N Mar Vista AVE
Pasadena, CA 91106,409 N Mar Vista AVE
Pasadena, CA 91106,409 N Mar Vista AVE
Pasadena, CA 91106,409 N Mar Vista AVE
Pasadena, CA 91106,409 N Mar Vista AVE
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$ 1,350,000
Est. payment | /mo

0.25 Acres Lot


$ 1,350,000
Est. payment | /mo

0.25 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR24245044

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1928

Lot Size 0.253 Acres

Property Description

409 N Mar Vista Ave, a value-add Triplex (3 unit) apartment community in the City of Pasadena. First time ever offered for sale since 1998 (26 years), the property offers desirable single story bungalow layout and consists of a single story SFR, and single-story duplex on the same lot. The property offers a strategic location near Old Town Pasadena, and Rose Bowl. This offering provides an excellent opportunity for a first-time apartment investor or even an owner-user to put their personal touch in a building w/ character and add value in the process. Property is FULLY occupied with tenants, and will be delivered with tenants in place (SEE AGENT REMARK).
The property was built in 1928, has a total of ±2,389 SF building size and situated on a large ±11,038 SF R4 zoned lot. It offers an excellent unit mix of front house 3bedroom + 1bathroom (may be converted to 2bed by current tenant), and a detached back duplex that consists of two (2) x 1bedroom+1bathroom units. Each building has a large private backyard and an attached garage (ideal for ADU conversion). All tenants are on month to month. It offers ease of maintenance and high demand due to its location and layout.

The property offers ample parking with a total of 6 spaces provided by 2 attached garages which are primed for ADU's conversions, and 4 open spaces. The property has a shared gate and driveway with the next-door property (413) and the parking gate is powered by next door property.

Make sure to see agent remark.

Location

State CA

County Los Angeles

Area 645 - Pasadena (Nw)

Zoning PSR4

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Wood

Fireplaces Type Living Room

Fireplace Yes

Appliance Dryer, Washer

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Assigned, Driveway, Garage, Uncovered

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Suburban, Valley

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N No

View None

Total Parking Spaces 6

Private Pool No

Building

Lot Description Front Yard, Garden, Lawn, Landscaped, Level, Near Public Transit, Rectangular Lot, Street Level, Value In Land

Faces East

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Tudor

Level or Stories One

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community No

Tax ID 5732020035

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Han Chen • Growth Investment Group Pasade • 626-224-2495
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+1(949) 463-1085

tonyenglish@me.com

28391 Sheridan Dr, Niguel, California, 92677, United States

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409 N Mar Vista AVE