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
·
License #01928418
·
KW Executive
·
626-888-2995
Last updated December 04, 2024
·
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.
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.