$ 2,250,000
-
$2,250,000
Price -
4
Bed -
4
Bath -
3,006
SqFt
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About the Listing 31075 - A35493
This well maintained four-unit income property presents a rare opportunity for 1031 exchange buyers and long-term investors, seeking stable cash flow, future appreciation, and exceptional upside potential in South Pasadena's desirable neighborhoods. The detached 4-cars garages are currently un-leased, offering flexibility for additional rental income, storage opportunities, or potential ADU conversion. Preliminary 2 ADU plans that are 2 bedrooms 2 bathrooms each, will be included, giving buyers a valuable head start towards maximizing future cash flow. The recent capital improvements include: sewer line relining [pipeliner], and seismic retrofitting, additionally two water heaters had been recently replaced, contributing to the properties overall value and maintenance appeal. This charming property, blend timeless character, strong rental demand and exciting future development possibilities. Three of the four units feature in-unit washer and dryer hook ups, enhance convenience and tenant's appeal. Each unit offers a bright and air atmosphere with many natural light. Open concept living and dining areas, cozy fireplaces, spacious bedrooms, generous closet spaces. Each unit has rear door access leading to backyard. Ready-unit has been tastefully updated with brand new luxury water resistant wide-plank flooring and brand new hardwares. More amenities: Downtown Los Angeles, Fair Oaks retails and the Metro Gold-Line Station.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Multi-Family
MLS ®
AR26109213
Year Built
1946
Total Square Footage
3,006
Lot/Acreage
0.19
County
Los Angeles
Area
658 - So. Pasadena
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater
- Air Cond: Central Air
- Heating: Central
- Fireplaces: Living Room
- Floor: See Remarks
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Open Floorplan
- Water: Public
Exterior Details
- Lot Description: Front Yard,Garden,No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 8
- Roof: Flat
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5317027005
- Tax Year: N/A
Payment Calculator
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Questions About..
1715 Raymond Hill Rd South Pasadena, CA 91030
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