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Listed by Handoko Chen • Growth Investment Group Pasade
$ 5,295,000
Est. payment /mo
Active
1513 HUNTINGTON Drive South Pasadena, CA 91030
10,463 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 10,463 sqft
Price per Sqft $506
MLS Listing ID CRAR25215581
HOA Y/N No
Year Built 1948
Lot Size 0.423 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
14-unit Trophy Asset in South Pasadena (NO LOCAL Rent Control), Excellent Location in the heart of South Pasadena – steps from So Pas Middle School, South Pasadena Unified School District, Superb Mid-Century Modern Architecture, First Time for Sale Since 1976, High Quality units and Large units. A True Trophy Mid-Century Modern 14-unit apartment in one of the best locations in the City of South Pasadena, California. This is the first time this property is being offered for sale since 1976 (49 years)! City of South Pasadena apartment market does not have any local rent control, and it has always been known as a “high-barrier-to-entry†and “no inventory†market as there are always very limited numbers of multifamily community offered for sale. Situated in the heart of South Pasadena on Huntington Dr and Fair Oaks Ave, this Gem is only steps away from So Pas Middle School on Fair Oaks, and just minutes away from all the shopping, dining, and area amenities on Fair Oaks Ave and Mission St Downtown District. It has Exceptional demographics with over $159,143 AHH income within a mile-radius, and within the highly desirable South Pasadena Unified School District. The property consists of 2 separate buildings with center landscape area. The main building is a two-story walk-up
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplace No
Appliance Dryer
Laundry Common Area, Dryer, Washer, Other
Exterior
View None
Building
Lot Description Level, Other
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