Sold

Closed

531 Prescott Street

Pasadena CA, 91104

$3,525,000


$398.22 per sqft

Sold

Closed

8,852 sqft

Condo

Built in 1914

Listed by KEVIN HURLEY with Keller Williams Realty/Pasadena 626-484-1897

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.

WS24145258

MLS ID

July 15, 2024

Listed

October 4, 2024

Updated

Map

531 Prescott Street
Pasadena CA, 91104

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.33 Acres


Lot Features

Street Level


Sewer

Public Sewer

Other Property Details

Area Name

646 - Pasadena (NE)


Days on Market

12


Garage

Yes


Garage Spaces

12


Parking Total

12


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

PSC6

Listing History

Date

Event

Price

9/16/2024

Sold

$3,525,000

8/28/2024

Under contract

Listing Contact: 626-204-3300 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/4/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/4/2024 at 2:11 AM UTC

 

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