409 N Mar Vista AVE Active Save Request In-Person Tour Request Virtual Tour
Pasadena,CA 91106
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR24245044
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1928
Lot Size 0.253 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Zoning PSR4
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplaces Type Living Room
Fireplace Yes
Appliance Dryer,Washer
Laundry Washer Hookup,Gas Dryer Hookup
Exterior
Parking Features Assigned,Driveway,Garage,Uncovered
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Suburban,Valley
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
View Y/N No
View None
Total Parking Spaces 6
Private Pool No
Building
Lot Description Front Yard,Garden,Lawn,Landscaped,Level,Near Public Transit,Rectangular Lot,Street Level,Value In Land
Faces East
Story 1
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Tudor
Level or Stories One
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 5732020035
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard
Lease Land No