Pasadena, CA 91104,531 Prescott ST
Pasadena, CA 91104,531 Prescott ST
Pasadena, CA 91104,531 Prescott ST
Pasadena, CA 91104,531 Prescott ST
Pasadena, CA 91104,531 Prescott ST
Pasadena, CA 91104,531 Prescott ST
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$3,525,000

$3,525,000

Est.Price: ?

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Est. payment /mo

0.33 Acres Lot


SOLD DATE : 09/11/2024

Key Details

Sold Price $3,525,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS24145258

Sold Date 09/11/24

HOA Y/N No

Year Built 1914

Lot Size 0.330 Acres

Property Description

Listed at a 6.69% CAP rate and 9.59 GRM. Located in a historic area, surrounded by gracious majestic trees and mature greenery, this gated, unique investment opportunity provides a turn-key operation. There are 19 bachelor units plus a 2 bed/2 bath house + office. The bachelor units have a freestanding sink, refrigerator, electric stovetop, new mini-split AC units, and a full bathroom. There are new heating / air conditioning units in each apartment. Each unit features OVERVIEW a convenient, walk-in closet.

Location

State CA

County Los Angeles

Area 646 - Pasadena (Ne)

Zoning PSC6

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 12.0

Garage Description 12.0

Pool None

Community Features Curbs

Total Parking Spaces 12

Private Pool No

Building

Lot Description Street Level

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5730001023

Energy Description 3000.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by KEVIN HURLEY • Keller Williams Realty/Pasadena • 626-484-1897
Bought with Sameh Nicola • California Prime Realty
agent-avatar

michelle@michellehomesellingteam.com

515 S Myrtle Ave, Monrovia, CA, 91016, USA

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