An Irreplaceable location only 2 properties away from Courthouse and City Hall. A prime 23-unit value-add multifamily investment opportunity located in one of the best areas in Pasadena. Situated in the Civic Center District and several properties away from the Pasadena Courthouse and City Hall, this property offers a SUPERB and unbeatable location, perfect for a savvy investor as a buy and hold asset. With this combination of a high-quality location and excellent unit mix, the property provides younger professional tenants with most of the attractions the City of Pasadena has to offer. Literally within walking distance to shopping, dining, and transportation, this location has a Walk and Bike Score of 88. The property is a two-story apartment with some upgrades. It was built in 1955 and has a total of 12,780 SF and situated on a ±11,811 SF Lot (Zoning is PSC – CD-MU-G). It is surrounded by a much higher density commercial/apartment building. Unlike other apartments in the area, this property has parking (9 spaces in the back) which provides excellent amenities to young professionals living in the building. It offers an excellent unit mix for this urban area with eight (8) large 1bed+1bath, seven (7) large Studio, four (4) junior Studio, and four (4) Bachelor (no kitchen) unit
MLS #
CRAR24215656
MLS Source
California Regional MLS
Days on Site
35
Appliances
Oven Range - Gas
Laundry
Community Facility
Cooling
Window/Wall Unit
Heating
Wall Furnace
Foundation
Pillar/Post/Pier
Garage/Parking
Assigned Spaces, Carport, Garage: 0 Car(s)
HOA Fee
$0
Listing Agent
Han Chen
Growth Investment Group Pasade
License #: 01749321
Phone: –
Co-Listing Agent
Robert Renshaw
License #: 01332831
Phone: (424) 293-4770
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 23 | – |
259 N Euclid Ave is a Residential Income in Pasadena, CA 91101. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,800,000 and was built in 1955.
This address can also be written as 259 N Euclid Ave, Pasadena, CA 91101.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of October 17, 2024. For the most current information, please contact Han Chen