$1,710,000
$1,598,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
1115 Hope ST South Pasadena, CA 91030
7,405 Sqft Lot
Key Details
Sold Price $1,710,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable - 1007242
MLS Listing ID P0-818002943
Sold Date 08/30/18
HOA Y/N No
Year Built 1921
Lot Size 7,405 Sqft
Property Description
This charming 4 unit property has much to offer. Located in the heart of South Pasadena this property features 3 units in the front house and a 2 BR/1 BA house in the back. The units in the front house are as follows: 2 BR unit with HW floors, crown moldings, bay windows, central AC and interior laundry. This unit occupies the entire bottom floor. Both upstairs units are currently rented as 1 BR + den/office with carpet and window A/C units. The back house was recently remodeled and has new laminate floors, recessed lighting, granite counters and new cabinets in the kitchen. There is also a brand new bathroom. You are 2 blocks away from the Metro Gold Line, The Farmer's Market and all the shops and dining on Mission, plus your tenants have access to the Blue Ribbon South Pasadena School system. The property also has a 2 car detached garage and a storage shed. All rents are currently below market value with a lot of upside potential. This could make a great property to live in one unit and rent the rest or just keep this as all rental income. Don't miss this opportunity to own a character property with outstanding income potential in a very desirable location. DO NOT DISTURB THE TENANTS.
Location
State CA
County Los Angeles
Area 658 - So. Pasadena
Zoning SPPYYY
Rooms
Other Rooms Shed(s)
Interior
Interior Features Built-in Features, Crown Molding, Recessed Lighting, Dressing Area, Galley Kitchen
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Carpet, Laminate
Fireplace No
Appliance Gas Water Heater, Water Heater
Laundry Inside, None
Exterior
Parking Features Garage, Gravel, One Space, Uncovered
Garage Spaces 2.0
Garage Description 2.0
Accessibility None
Total Parking Spaces 2
Building
Lot Description Lawn, Landscaped, Level, Near Public Transit
Faces North
Story 2
Entry Level Two
Foundation Raised
Level or Stories Two
Additional Building Shed(s)
Others
Tax ID 5315009033
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Energy Description 360.0
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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Bought with Steven Daly • Coldwell Banker Residential Brokerage Company