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$2,300,000
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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.
Full Property Details
Full Property Details for 1411 Fair Oaks Ave
General
- Sold For: $2,300,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: P1-16499
- Added to Site: 289 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Up, Main Floor Bedroom, Laundry, All Bedrooms Down, Living Room
- Interior Features: Crown Molding, Ceiling Fan(s), Copper Plumbing (Partial), Storage
- Fireplace(s): See Remarks
- Appliances: Refrigerator, Free-Standing Range, Water Heater, Gas Water Heater, Gas Oven, Gas & Electric Range
- Flooring: Tile, Vinyl, Wood
Rooms
Other Rooms
- Laundry: In Kitchen, Gas Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Exterior Features: Lighting, Rain Gutters
Parking
- Parking Features: Assigned, Concrete, See Remarks, On-Site, Driveway Level, Side-by-Side, Parking Space, Garage (Two Doors), Carport
- Parking: Assigned, Concrete, See Remarks, On-Site, Driveway Level, Side-by-Side, Parking Space, Garage (Two Doors), Carport
Location
- Area: 658 - So. Pasadena
- County: Los Angeles
- Development Name: 658 - So. Pasadena
- Driving Directions: West Side of Fair Oaks Ave. South of Monterey Rd. North of Huntington Dr.
- Direction Faces: East
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Architectural Style: Spanish, Traditional
- Foundation: Concrete Perimeter, Raised, Pillar/Post/Pier, Slab
- Roof: Composition, Spanish Tile, Rolled/Hot Mop
- Doors: Panel Doors
- Entry Location: Front
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,034
- Year Built: 1921
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Property View: None
- Lot Size (Acres): 0.1915
- Lot Size Source: Public Records
- Lot Dimensions: 8340
- Zoning: R3
- Lot Description: Front Yard, Agricultural (Other), Treed Lot, Sprinklers in Front, Near Public Transit, Lot 6500-9999, Utilities - Overhead, Sprinklers Timer, Rectangular Lot, Lawn
Financial Considerations
- Price Per Sq. Ft.: $593.7
Disclosures and Reports
- Exclusions: None
- Inclusions: Appliances
Listed and Sold by Compass, Jim Rock
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Schools
Schools serving 1411 Fair Oaks Ave
School District:South Pasadena Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
335 El Centro St, S Pasadena, CA 91030 | K-5 | 1 mi | |
1500 Fair Oaks Ave, S Pasadena, CA 91030 | 6-8 | 0.1 mi | |
1401 Fremont Ave, S Pasadena, CA 91030 | 9-12 | 0.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1411 Fair Oaks Ave
Date
Details
Price
Change
Source
9/04/2024
Sold
$2,300,000
-3.97%
MLS
2/12/2024
Listed
$2,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1411 Fair Oaks Avenue, South Pasadena, CA 91030 (MLS# P1-16499) is a Multi-Family property that was sold at $2,300,000 on September 04, 2024. Want to learn more about 1411 Fair Oaks Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Pasadena? You can browse all South Pasadena real estate or contact a Coldwell Banker agent to request more information.