CA > Pasadena
Pasadena, CA 91101,540 S Euclid Ave
Pasadena, CA 91101,540 S Euclid Ave
Pasadena, CA 91101,540 S Euclid Ave
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$2,500,000
Est. payment /mo
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10 BD
7 BA
5,030 SqFt
Active

540 S Euclid Ave Pasadena, CA 91101

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Michelle M Randazzo

Michelle M Randazzo

+1(702) 412-1049

UPDATED:

12/11/2024 09:54 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,030 sqft

Price per Sqft $497

MLS Listing ID 24-471435

Bedrooms 10

Year Built 1960

Lot Size 9,622 Sqft

Acres 0.2209

Property Description

PRIME PASADENA LOCATION! Don't miss this rare opportunity to acquire a classic 7-unit Pasadena rental property located walking distance to the recently opened Erewhon market and all the shops and restaurants of South Lake Avenue. Offering a very strong unit mix of three 2 Bed + 1 bath units and four 1 Bed + 1 bath units with rents that offer a new owner, steady and realistic rental income growth. With good curb appeal and a unique building layout make this property not a typical box apartment building. Improvements include several units being completely renovated, updated plumbing throughout property, newer dual pane windows, recently replaced roofs, the elevated decking have been inspected and the SOFT-STORY RETROFIT COMPLETED! Other features include 8 on-site parking spaces and tenant storage cabinets, separate water heaters, community laundry room with coin operated machines and all the units are separately metered for gas/electricity. The property is subject to local Pasadena rent control laws, buyer is to verify and familiarize. Don't miss this chance to invest in such a prized location where properties are held for generations and don't trade hands often. PLEASE DO NOT DISTURB THE TENANTS. DRIVE-BY ONLY.

Location

State CA

County Los Angeles

Area Pasadena Se

Zoning PSR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment Range/Oven

Exterior

Parking Features Parking Space, Carport Detached

Garage Spaces 8.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Realty Investment Advisors, Inc.

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Michelle M Randazzo

REALTOR® | RE.0196837

+1(702) 412-1049

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540 S Euclid Ave