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$ 3,088,000
Est. payment | /mo
3 Beds
4 Baths
$ 3,088,000
Est. payment | /mo
3 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-23661
Bedrooms 3
Property Sub-Type Res Income 2-4 Units
Property Description
A rare and distinguished investment offering, this (5) five-unit property is nestled in one of Pasadena's most coveted and prestigious neighborhoods--just moments from the refined South Lake Shopping District, historic Old Town Pasadena, Caltech, and PCC. Encompassing 4,668 sq ft of thoughtfully curated residential and commercial space on an expansive 10,736 sq ft lot, the property blends timeless elegance with exceptional convenience, boasting seamless access to the 110 and 210 freeways and premier public transit. The offering includes a luxury commercial salon at 610 South Lake Avenue and a beautifully maintained four-unit residential building at 612-618 South Lake Avenue Anchoring the residence is a sophisticated 1,800 +-sq ft owner's unit, featuring three spacious bedrooms, two well-appointed bathrooms, an inviting living room with a stately fireplace, and a formal dining room perfect for entertaining. Two stylish 1-bedroom, 1-bath apartments and a sleek studio further elevate the living experience. For added value, three private garages leased with an additional nine parking spaces provide consistent income and convenience. Framed by lush, manicured landscaping and enjoying full occupancy with historically minimal vacancies, this turnkey property represents a rare blend of luxury, stability, and investment potential in one of Pasadena's most exclusive enclaves.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction South on Lake Ave and Below California Blvd
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Listed by Constandinos Vagenas Goldstone Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
10550 Craftsman Way #184, San Diego, California, 92127, USA