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Key Details
Sold Price $3,050,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,158 sqft
Price per Sqft $495
MLS Listing ID 22192617
Sold Date 11/22/22
Bedrooms 10
HOA Y/N No
Year Built 1923
Lot Size 0.392 Acres
Property Description
A rare opportunity acquire a unique 6 unit investment property offering a safe investment with more great upside. The building features copper plumbing throughout with newer drain lines, updated electrical, Central HVAC systems, recently replaced roofs, bolted foundation, on a 17,073 SF corner lot with addresses of 1300-1306 Pine St. and 1834-1836 Ramona Ave. There are 4 enclosed garages that have potential for an ADU conversion to yield additional rental income (Buyer to verify with the City). The building and units have endless charm and character including hardwood floors, recessed lighting, crown moldings, granite countertops, solid wood doors, Batchelder fireplaces, large windows flooding the rooms with natural light, covered balconies and porches. The property is separately metered for gas and electricity and has 6 open parking spaces on a concrete driveway at the rear of the lot. It has been extensively updated and very well maintained by the same family for decades and is now ready for a new owner. INSPECTION UPON ACCEPTED OFFER.
Location
State CA
County Los Angeles
Area 658 - So. Pasadena
Zoning SPR310000*
Interior
Heating Central, Wall Furnace
Cooling Central Air
Flooring Wood
Fireplaces Type Gas
Fireplace Yes
Appliance Dishwasher, Disposal, Dryer, Washer
Exterior
Garage Concrete, One Space, Uncovered
Garage Spaces 5.0
Garage Description 5.0
Pool None
Parking Type Concrete, One Space, Uncovered
Attached Garage No
Total Parking Spaces 11
Private Pool No
Building
Story 2
Sewer Other
Architectural Style Spanish
New Construction No
Others
Senior Community No
Tax ID 5319020013
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Financing Cash
Special Listing Condition Standard
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Bought with Benjamin J. Hsiang • Realty Investment Advisors, Inc.