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551 S El Molino Avenue

Pasadena, CA 91101
  • $2,495,000
  • STATUS: Pending
  • ON SITE: 18 Days
  • ID#: WS22161084
Pending
UPDATED: 68 min ago
$2,495,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1921
County:

School Ratings & Info

Listing Agent(s): Robert Gayl of Region 1 Realty (626-309-0000)


Description

Historical 5 unit building with lush landscaping in prime Pasadena Area. Walking distance to Cal Tech and Lake Ave. shopping and services. 4 units are 2 bedroom/1 bath. The garage apartment is 1bedroom/1 bath. Each unit has a separate laundry area and single car garages. Units have character built-ins with bookshelves and cabinets. Beautiful hardwood floors, high ceilings, moldings, etc, make these units a very desirable living environment. This is a trust sale and is sold in current as is condition. The property is on the corner of California Blvd. and El Molino Ave. Please do not disturb the tenants. All offers to be subject to inspection. Trust attorney will review all offers on August 5, 2022.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T22:32:00.4. 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 deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.searchsocalrealestate.com/homes/131218011
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551 S El Molino Avenue Pasadena, CA 91101

  • Price: $2,495,000
  • Status: Pending
  • On Site: 18 Days
  • Updated: 68 min ago
  • ID#: WS22161084
0
Beds
0
Baths
0
½ Baths
0.24
Acres
1921
Built
Neighborhood:
647 - Pasadena (SW)
County:
Los Angeles
Area:
647 - Pasadena (SW)
Property Description
Historical 5 unit building with lush landscaping in prime Pasadena Area. Walking distance to Cal Tech and Lake Ave. shopping and services. 4 units are 2 bedroom/1 bath. The garage apartment is 1bedroom/1 bath. Each unit has a separate laundry area and single car garages. Units have character built-ins with bookshelves and cabinets. Beautiful hardwood floors, high ceilings, moldings, etc, make these units a very desirable living environment. This is a trust sale and is sold in current as is condition. The property is on the corner of California Blvd. and El Molino Ave. Please do not disturb the tenants. All offers to be subject to inspection. Trust attorney will review all offers on August 5, 2022.
Exterior Features

Carport Spaces 1 Carport YN Yes Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 5 Parking Features CarportDetached Carport Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Fireplace Features Dining RoomOutside Fireplace YN Yes Flooring Wood Heating Central Heating YN Yes Interior Features Multiple Staircases

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsGutter(S)Street Lights Current Financing None Fuel Expense 0 Garage YN Yes Gross Income 130500 Gross Scheduled Income 130500 Insurance Expense 9341 Land Lease YN No Laundry Features Laundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 Exchange Net Operating Income 101150 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 29350 Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Sewer Public SewerSewer Tap Paid Special Listing Conditions Trust Total Actual Rent 10875 Trash Expense 1500 Utilities Cable Available Water Sewer Expense 4668 Water Source Public Zoning Psr1



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T22:32:00.4. 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 deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
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Rogers Realty Group/Berkshire Hathaway HomeServices California Properties
1063 W Sixth Street
Ontario CA, 91762
Listing Agent(s): Robert Gayl of Region 1 Realty (626-309-0000)