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$2,200,000
Est. payment /mo
2 Beds
3,756 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,756 sqft
Price per Sqft $585
MLS Listing ID CL25557045
Bedrooms 2
HOA Y/N No
Year Built 1946
Lot Size 9,779 Sqft
Acres 0.22
Property Sub-Type OTHER
Property Description
Perched on the scenic slopes of Raymond Hill, this four-unit multifamily property in South Pasadena features all 2-bedroom, 1-bath units and offers immediate income with significant upside. One unit has been fully renovated with modern finishes and an open-concept layout, while the remaining three are well maintained and primed for future upgrades. A detached four-car garage with individual stalls adds convenience and potential value. With average rents around $2,200/month and strong local demand, the property generates solid cash flow with room to grow. Located in the highly ranked South Pasadena Unified School District, known for its academic excellence and college prep focus, this building is especially appealing to renters seeking academic growth. The district is consistently recognized for its academic excellence, with South Pasadena High School and its feeder schools boasting A+ ratings and national honors. South Pasadena offers a rare blend of charm, safety, and community, with walkable streets, beautiful parks like Garfield and Arroyo Seco, and convenient access to the Metro A Line for direct transit to DTLA and Pasadena. Locals enjoy a vibrant food scene with beloved spots like The Raymond 1886, Lost Parrot Cafe, and Cannonball, plus nearby shopping, farmers' markets, an
Location
State CA
County Los Angeles
Zoning SPR3
Interior
Heating Wall Furnace
Fireplace No
Laundry No Hookups
Exterior
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 5317025006
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Listed by Zach Krasman • Compass
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