CA > Pasadena
Pasadena, CA 91101,540 S Euclid AVE
Pasadena, CA 91101,540 S Euclid AVE
Tony English
Tony English

Broker | License ID: 01363194

+1(949) 463-1085

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$ 2,453,000

$ 2,500,000 1.9%

Est. payment | /mo

10 Beds

7 Baths

5,030 SqFt

$ 2,453,000

$ 2,500,000 1.9%

Est. payment | /mo

10 Beds

7 Baths

5,030 SqFt

Key Details

Sold Price $2,453,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,030 sqft

Price per Sqft $487

MLS Listing ID 24471435

Sold Date 02/12/25

Bedrooms 10

HOA Y/N No

Year Built 1960

Lot Size 9,622 Sqft

Property Description

PRIME PASADENA LOCATION! Don't miss this rare opportunity to acquire a classic 7-unit Pasadena rental property located walking distance to the recently opened Erewhon market and all the shops and restaurants of South Lake Avenue. Offering a very strong unit mix of three 2 Bed + 1 bath units and four 1 Bed + 1 bath units with rents that offer a new owner, steady and realistic rental income growth. With good curb appeal and a unique building layout make this property not a typical box apartment building. Improvements include several units being completely renovated, updated plumbing throughout property, newer dual pane windows, recently replaced roofs, the elevated decking have been inspected and the SOFT-STORY RETROFIT COMPLETED! Other features include 8 on-site parking spaces and tenant storage cabinets, separate water heaters, community laundry room with coin operated machines and all the units are separately metered for gas/electricity. The property is subject to local Pasadena rent control laws, buyer is to verify and familiarize. Don't miss this chance to invest in such a prized location where properties are held for generations and don't trade hands often. PLEASE DO NOT DISTURB THE TENANTS. DRIVE-BY ONLY.

Location

State CA

County Los Angeles

Area 648 - Pasadena (Se)

Zoning PSR3

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features Detached Carport, One Space

Attached Garage No

Total Parking Spaces 8

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5722034018

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Alexander Metaxas • Realty Investment Advisors, Inc.
Bought with YUAN CHEN • Pinnacle Real Estate Group
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 463-1085

tonyenglish@me.com

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

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540 S Euclid AVE