435 W California Boulevard
Pasadena , CA 91105
MLS#: 23332021
$6,100,000
Property
Beds
14
Full Baths
None
1/2 Baths
None
Year Built
1951
Sq.Footage
11,962
Arguably the BEST apartment property currently for sale in ALL of Pasadena! Here is a once-in-a-generation opportunity to acquire an exceptional 7-unit complex situated within Pasadena's revered 91105 zip code. This pride-of-ownership gem is one of only SIX multi-family apartment properties with a West California Blvd street address. Well positioned on a corner lot, the property also adorns a South Orange Grove Blvd address, known as "Millionaire's Row." It has been honored with an award from the City of Pasadena for its excellence in design and curb appeal. Besides its location, what makes this property so unique is that it consists of seven "condo-like" apartments in a building that boasts nearly 12,000 total square feet. These apartment homes, each 2 bedrooms and 2 baths are close to 1,600 Sq.Ft. EACH (Buyer to verify) and include features such as hardwood floors, well-appointed kitchens with stainless steel appliances, updated bathrooms, beautiful fireplaces, elaborate crown molding, wainscoting, generous closets, patios and decks. Modern comforts include central HVAC, dual-pane windows, tank-less water heaters, modern lighting, and the convenience of in-unit laundry. The building systems include newer electrical panels, copper plumbing, updated drain and main sewer lines and newer pitched roofs. With its corner lot measuring over half of an acre at 22,359 Sq.Ft., it offers individual enclosed garages as well as open parking for a total of 14 on-site spaces. The property enjoys an enviable location offering high end rentals in one of the City's most premiere neighborhoods. This is a very rare opportunity to own a trophy piece of investment real estate that is turn-key and has been meticulously maintained.
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s)
-
Total Bedrooms
14
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
7
-
Parking
Assigned, Concrete
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.5131
-
Property Type
Residential Income
Price
-
Sales Price
$6,100,000
-
Sq. Footage
11, 962
-
Price/SqFt
$509
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Alexander Metaxas , Realty Investment Advisors, Inc.
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