434 S Euclid Avenue, Pasadena, CA, US, 91101
434 S Euclid Avenue, Pasadena, CA, US, 91101Basics
- Date added: Added 5日 ago
- Category: ResidentialIncome
- Type: Apartment
- Status: Active
- Floors: 2, 2
- Lot size: 9750, 9750 sq ft
- Year built: 1913
- View: None
- Zoning: PSR3
- County: Los Angeles
- MLS ID: CV25111145
Description
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Description:
We are pleased to exclusively offer for sale this 6-unit multifamily investment situated in a prime Pasadena location. The subject property offers an exceptional opportunity for investors seeking long-term stability in one of the region’s most sought-after submarkets. Located directly across from Mayfield Junior School and just minutes from Caltech, Pasadena City College, and the vibrant dining and shopping scene of Old Pasadena, the property delivers unmatched convenience and rental demand.
Set on a 9,750 sq. ft. lot with 4,309 rentable sq. ft., the building features a diverse and desirable unit mix, including a rare 1-Bedroom/1-Bath two-story Townhouse, (2) 2-Bedroom/1-Bath units, and (3) 1-Bedroom/1-Bath units. The garden-style entry adds charm and privacy, while tenants benefit from onsite parking and individual utility metering. Significant capital improvements include: copper plumbing, newer roofs, and updated electrical sub-panels, offering investors a turn-key asset with reduced future maintenance.
(For those looking to scale, this property can also be purchased with the adjacent 7-unit multi-family property located at 420 S. Euclid Ave., creating a rare opportunity to own a 13-unit portfolio in one of Pasadena’s strongest rental corridors. Development potential may exist as well given the combined lot sizes.)
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Location
- Directions: Just South of Del Mar Blvd. West of Lake Ave
- Lot Size Acres: 0.2238 acres
Building Details
- Water Source: Public
- Lot Features: ZeroToOneUnitAcre
- Sewer: PublicSewer
- Building Area Units: SquareFeet
- Common Walls: TwoCommonWallsOrMore
- Fencing: None
- Garage Spaces: 0
- Levels: Two
- Number Of Buildings: 2
Amenities & Features
- Pool Features: None
- Parking Features: Carport
- Spa Features: None
- Parking Total: 6
- Roof: Shingle
- Utilities: ElectricityAvailable,NaturalGasAvailable,SewerAvailable,WaterAvailable
- Cooling: WallWindowUnits
- Fireplace Features: None
- Laundry Features: None
Expenses, Fees & Taxes
- Trash Expense: $2,408
- New Taxes Expense: $23,542
- Association Fee: 0
- Maintenance Expense: $4,500
- Fuel Expense: $976
- Insurance Expense: $4,000
- Water Sewer Expense: $1,121
Miscellaneous
- List Office Name: RE/MAX 2000 REALTY
- Listing Terms: CashToNewLoan
- Common Interest: CommunityApartment
- Community Features: StreetLights,Sidewalks
- Attribution Contact: 909-645-0443