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59 S Meridith AvenuePasadena, CA 91106

For Sale

$3,300,000

Smart Buyer Rebate $33,000

7 Unit Apartment building in Pasadena, CA located walking distance (1 block away) from Pasadena City College (PCC). 4 units are currently vacant and used as short-term rental (Airbnb). Airbnb business will also be included in the sale (135 reviews at 4.92 rating with “Guest Favorite” award). Unit mix: 2 x (2B+1B) and 5 x (1B+1B). Laundry room on site with 1 coin operated washer and 1 coin operated dryer (both units owned and included with the sale). New rain gutters recently installed, new facia, new paint, new windows, new plumbing, new electrical panels (3 out of 7 units), drainage updated, 2 new water heaters, refurbished roof (less than 3 years ago). 7 covered parking spots on site (all carports). Excellent location with walk score of 87 and bike score of 75. Most errands can be accomplished on foot and biking is convenient on most trips. Less than 1 mile away from California Institute of Technology (Caltech), 1.1 miles away from Huntington Library, 2 miles away from Pasadena Convention Center and 4.5 miles away from Rose Bowl.

Listed by DONALD LA

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License #01928418

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KW Executive

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626-888-2995

Last updated December 04, 2024

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Source: CRMLS #WS24164590

Listing Facts

  • TypeMulti-family
  • NeighborhoodMarceline
  • Days on Prevu393

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/17/2024
Status changed to Active
$3,300,000
09/17/2024
Status changed to Removed from Feed
$3,300,000
08/09/2024
Listed by KW Executive
$3,300,000

Property Details for 59 S Meridith Avenue

Association

Amenities

  • Community Features: Urban

Exterior

Construction

  • Number Of Units Total: 7
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1964
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Front

Measurements

  • Building Area Total: 4,952
  • Building Area Units: Square Feet
  • Lot Features: 6-10 Units/Acre
  • Lot Size Acres: 0.18
  • Lot Size Area: 7,930
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,930
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $209,040.00
  • Operating Expense: $51,543.00

Taxes

  • Parcel Number: 5736024007

Other

Location

  • Tax Lot: 29

Utilities

Equipment

  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.