$2,300,000
$2,395,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
1411 Fair Oaks AVE South Pasadena, CA 91030
8,341 Sqft Lot
Key Details
Sold Price $2,300,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-16499
Sold Date 09/04/24
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1921
Annual Tax Amount $5,998
Tax Year 2023
Lot Size 8,341 Sqft
Property Description
Discover the charm and potential of this stunning 5-unit Spanish style residential income property in the heart of South Pasadena. Boasting with classic architectural details, each unit offers a blend of old-world elegance and modern convenience. The property features two 2-bedroom and 1-bathrooms units and three 1-bedroom and 1-bathroom units. Interior details such as arched doorways, built-ins and hardwood flooring provide a timeless and inviting atmosphere. Each unit is provided with an assigned parking space and access to an on-site laundry room in addition to private balconies and patios. The two units in the front of the property have the added convenience of washer dryer hookups inside the unit. The property has been thoughtfully updated throughout the years including newly installed roofing, updated electrical and fresh exterior paint. Ideal for investors and owner-occupiers alike, this income property presents a rare opportunity to own a piece of South Pasadena's rich history while generating steady rental income. With its convenient location near Mission Street shops and dining, Bristol Farms, Garfield Park, and local Elementary, Middle and High school, tenants will enjoy the best of what the area has to offer.
Location
State CA
County Los Angeles
Area 658 - So. Pasadena
Zoning R3
Interior
Interior Features Ceiling Fan(s), Crown Molding, Storage, All Bedrooms Up, All Bedrooms Down, Bedroom on Main Level
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile, Vinyl, Wood
Fireplaces Type See Remarks
Fireplace Yes
Appliance Electric Range, Free-Standing Range, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Heater
Laundry Washer Hookup, Gas Dryer Hookup, In Kitchen
Exterior
Exterior Feature Lighting, Rain Gutters
Parking Features Assigned, Concrete, Carport, Door-Multi, Driveway Level, Garage, On Site, One Space, See Remarks, Side By Side
Carport Spaces 2
Fence Wood, Wrought Iron
Pool None
Community Features Gutter(s), Storm Drain(s), Street Lights
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Overhead Utilities
View Y/N No
View None
Roof Type Composition,Rolled/Hot Mop,Spanish Tile
Accessibility None, No Stairs, Parking, See Remarks
Total Parking Spaces 5
Private Pool No
Building
Lot Description Agricultural, Front Yard, Sprinklers In Front, Lawn, Near Public Transit, Rectangular Lot, Sprinklers Timer, Trees
Faces East
Story 1
Entry Level Two
Foundation Concrete Perimeter, Pillar/Post/Pier, Raised, Slab
Sewer Public Sewer
Water Public
Architectural Style Spanish, Traditional
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5319004022
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Energy Description 300.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard, Trust
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Bought with Jim Rock • COMPASS