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Laura A Clinton

lc@lauraclinton.realtor +1(949) 228-2554

$ 1,749,500

Est. payment -/mo

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1400 N Garfield AVE Pasadena, CA 91104

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25052126

Construction Status Repairs Cosmetic,Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1932

Lot Size 10,881 Sqft

Property Sub-Type Quadruplex

Property Description

Great opportunity to own a 4-unit, beautifully maintained investment property with a diverse mix of units from 2 Bedroom/2 Bathroom up to a 4 Bedroom/2.5 Bath offering excellent upside potential. The front house offers great curb appeal with a grand front porch and upstairs balconies overlooking the grassy fenced front yard shared by the two front units. The insides of the units offer classic features like fireplaces and arched doorways. The first front unit features a 1,500 sf. 2 Bedroom - 2 Bath with loft. The second unit is a roomy 1,677 sf unit featuring 4 Bedrooms - 2.5 Baths. Each unit is assigned it's own garage with a washer and dryer in each. There is a large open space between the buildings for additional parking. In the rear of the property is a second building offering two identical 3 Bedroom - 2 Bath units. There is a shared carport with one space for each unit. The upstairs unit opens to a beautiful custom deck for those tenants exclusive use. The bottom unit has exclusive access to a back patio area extending the length of the building. The recent addition of individual laundry facilities for the rear two units is a potential source of extra monthly income. In addition to being amazingly maintained the property owner has done extensive upgrades including new roofs, copper plumbing, complete exterior paint, landscaping, earthquake retrofit, resurfaced driveway and more. All units are tenant-occupied ensuring immediate rental income. This property is conveniently located close to bus stops, grocery stores, restaurants, shops, with easy access to Old Town and the Rose Bowl and all Pasadena has to offer. Don't miss this opportunity to add this excellent property to your investment portfolio!

Location

State CA

County Los Angeles

Area 645 - Pasadena (Nw)

Zoning PSR3

Interior

Interior Features Balcony, Attic

Heating Central

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplaces Type Living Room

Fireplace Yes

Laundry In Garage

Exterior

Parking Features Asphalt, Carport, Driveway Down Slope From Street, Door-Single, Garage

Garage Spaces 2.0

Carport Spaces 2

Garage Description 2.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

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

View Y/N No

View None

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Faces West

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Architectural Style Colonial, Georgian

Level or Stories Three Or More

New Construction No

Construction Status Repairs Cosmetic,Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 5838014005

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

Listed by Susan Cook • COMPASS • 626-253-1323

Laura A Clinton

Agent | License ID: 02135140

+1(949) 228-2554

Laura A Clinton

1400 N Garfield AVE Pasadena, CA 91104

Key Details

Location

Interior

Exterior

Building

Others

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1400 N Garfield AVE