
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26090600
HOA Y/N No
Year Built 1941
Lot Size 5,654 Sqft
Property Sub-Type Duplex
Property Description
Both units maintain their original character and vintage charm, serving as a clean slate for a new owner to modernize and build immediate equity. While the front unit anchors the property's aesthetic on the tree-lined street, the rear unit features a private backyard area, currently utilized as a vibrant vegetable garden, along with a dedicated carport. The property is designed for ease of management with separate gas and electric meters and a shared driveway split to accommodate parking for both dwellings.
Beyond the immediate quiet of the neighborhood, the location offers unparalleled access to the best of Pasadena. The property is less than two miles from the premier shopping and dining destination of South Lake Avenue and only three miles from the historic energy of Old Town Pasadena. With Caltech and Pasadena City College just a half-mile away, this is a prime asset in a high-demand rental market. The front unit is currently leased at $2,700, and the rear unit is leased at $1,400 with the potential to reach market rates of approximately $2,000. Rear unit can be delivered vacant.
Location
State CA
County Los Angeles
Area 648 - Pasadena (Se)
Interior
Fireplace No
Laundry In Garage
Exterior
Parking Features Carport, Garage
Garage Spaces 1.0
Carport Spaces 1
Garage Description 1.0
Pool None
Community Features Curbs, Sidewalks, Urban
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Front Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5746014043
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard

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