409 N Mar Vista Avenue, Pasadena, CA 91106 (MLS # AR24245044)

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PRICE $1,350,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 2,389 sqft
LOT SIZE 11,043 sqft
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409 N Mar Vista Ave, a value-add Triplex (3 unit) apartment community in the City of Pasadena. First time ever offered for sale since 1998 (26 years), the property offers desirable single story bungalow layout and consists of a single story SFR, and single-story duplex on the same lot. The property offers a strategic location near Old Town Pasadena, and Rose Bowl. This offering provides an excellent opportunity for a first-time apartment investor or even an owner-user to put their personal touch in a building w/ character and add value in the process. Property is FULLY occupied with tenants, and will be delivered with tenants in place (SEE AGENT REMARK).The property was built in 1928, has a total of ±2,389 SF building size and situated on a large ±11,038 SF R4 zoned lot. It offers an excellent unit mix of front house 3bedroom + 1bathroom (may be converted to 2bed by current tenant), and a detached back duplex that consists of two (2) x 1bedroom+1bathroom units. Each building has a large private backyard and an attached garage (ideal for ADU conversion). All tenants are on month to month. It offers ease of maintenance and high demand due to its location and layout. The property offers ample parking with a total of 6 spaces provided by 2 attached garages which are primed for ADU’s conversions, and 4 open spaces. The property has a shared gate and driveway with the next-door property (413) and the parking gate is powered by next door property.Make sure to see agent remark.

DAYS ON MARKET 21 LAST UPDATED 12/5/2024
YEAR BUILT 1928 COMMUNITY Pasadena (NW)
GARAGE SPACES 2.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Dryer, Washer
AREA Pasadena (NW)
FIREPLACE Yes
GARAGE Assigned, Driveway, Garage, Uncovered, Yes
HEAT Wall Furnace
HOA DUES 0
LOT 0.25 acre(s)
LOT DESCRIPTION Front Yard, Garden, Landscaped, Lawn, Level, Near Public Transit, Rectangular Lot, Street Level, Value In Land
PARKING Assigned,Driveway,Garage,Uncovered
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
STYLE Tudor
UTILITIES Cable Connected,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected, Electric: Standard
VIEW DESCRIPTION None
WATER Public
ZONING PSR4
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TOTAL MONTHLY PAYMENT

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Listed with Growth Investment Group Pasade

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