Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

4

Building size

4,676 sqft

Lot size

14,464 sqft

Year built

1923

Stories

2

Garage spaces

5

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

View

Neighborhood

Status

Active

Days on market

19

MLS #

245271963

About this property

An exceptional investment opportunity in an unparalleled location in the highly desirable City of South Pasadena. This Spanish-style 4-plex, originally built in 1923, sits on an expansive 14,464 sq. ft. lot (approximately 76’ x 188’–194’) and is conveniently located within approximately ½ mile of award-winning South Pasadena schools, shopping, dining, and major freeways. The two-story property features four spacious 2-bedroom, 1-bath units. Unit A offers an additional unpermitted studio/office/den area, while Units B, C, and D each include additional den/office space. Two ground-floor units (A & D) and two upper-level units (B & C) provide excellent versatility. The upper units also feature private balconies and unique coved spaces off the living rooms, ideal for a reading nook or home office. Each unit is separately metered for electricity and gas and features recessed lighting, hardwood floors, a fireplace, individual washer and dryer conveniently located off the kitchen, ample interior storage, walk-in closets, and built-in display cabinets. Additional amenities include multiple window A/C units, wall heaters, and ceiling fans. The property offers five private parking garages and beautifully landscaped, park-like grounds with mature fruit trees and abundant privacy. The exterior walls have been freshly painted recently, adding to the property’s well-maintained appeal. A rare opportunity to own a well-located 4-unit property with a large lot in South Pasadena. Live in one unit and rent out the others, or add a valuable investment property to your portfolio while enjoying all that South Pasadena has to offer.

Location

1171 Huntington Drive

South Pasadena, Los Angeles, CA, 91030