Pasadena, CA 91104,531 Prescott ST
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Pasadena, CA 91104,531 Prescott ST
Pasadena, CA 91104,531 Prescott ST
Pasadena, CA 91104,531 Prescott ST
Pasadena, CA 91104,531 Prescott ST

$3,525,000

Est. payment /mo

$3,525,000

Est.Price: ?

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531 Prescott ST Pasadena, CA 91104

0.33 Acres Lot

SOLD DATE : 09/11/2024

Key Details

Sold Price $3,525,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRWS24145258

Year Built 1914

Lot Size 0.330 Acres

Property Description

Listed at a 6.69% CAP rate and 9.59 GRM. Located in a historic area, surrounded by gracious majestic trees and mature greenery, this gated, unique investment opportunity provides a turn-key operation. There are 19 bachelor units plus a 2 bed/2 bath house + office. The bachelor units have a freestanding sink, refrigerator, electric stovetop, new mini-split AC units, and a full bathroom. There are new heating / air conditioning units in each apartment. Each unit features OVERVIEW a convenient, walk-in closet.

Location

State CA

County Los Angeles

Area 646 - Pasadena (Ne)

Interior

Laundry Laundry Area

Exterior

Garage Spaces 12.0

Pool None

Building

Lot Description Grade - Level

Water District - Public

Others

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by KEVIN HURLEY • Keller Williams Realty/Pasadena
Bought with Sameh Nicola

The Walker Team

Agent | License ID: 01244287

+1(650) 383-7298

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