Pending

545 S Euclid Avenue

Pasadena CA, 91101

$3,200,000


$488.70 per sqft

Pending

6,548 sqft

Condo

Built in 1922

Listed by Han Chen with Growth Investment Group Pasade 626-594-4900

DISCLOSURE: Historical property, No Parking, Seller is a real estate broker in California. Deferred maintenance, Selling AS-IS
545 S Euclid Ave, a Madison Heights area multifamily investment opportunity. It is an 8-unit bungalow style located in one many would consider the best area of the highly desirable City of Pasadena, CA. This offering provides an extremely rare opportunity for investors to acquire a true value add building in a Class A Location. This is the first time this property has been offered for sale by itself since 2000 (+-24years!). 545 S Euclid is a very attractive single-story (except the 4bedroom house is a 2-story) bungalow style apartment that was built in 1922. It offers a large +-6,548 SF building size and is situated on a large +-12,982 SF lot size. It has superb curb appeal with a center garden area. It offers an excellent unit mix with one (1) x large 4bedroom+2bathroom house in the back, four (4) x single story 2bedroom+1bathroom, and three (3) x 1bedroom+1bathroom bungalows.

Each unit is spacious and large with an excellent layout, original hardwood flooring, charm, and character. The large house in the back is a 2-story grand house with 4bedroom+2bathroom and has beautiful character that is unique such as an oversized living room, original hardwood floor, double door to the first bedroom, floor heater, large private side and backyard, laundry area with laundry hookups and so much more. The vacant units are the large 4bed house, two (2) of the 2bedroom units, and one (1) of the 1bedroom unit.

The property is separately metered for electricity and gas and each unit has its own water heater. Each unit has its own laundry hookups, large kitchen area, and spacious bathroom. There is no parking. This property is registered as historical property with the city of Pasadena and National Historical registry.

AR24027297

MLS ID

February 7, 2024

Listed

April 8, 2024

Updated

Map

545 S Euclid Avenue
Pasadena CA, 91101

Interior Features

Total Stories

2


Laundry Description

Washer Hookup, Gas Dryer Hookup


Floor Description

Carpet, Wood


Fireplace

Yes


Fireplace Description

None


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Floor Furnace

Exterior/Building Features

Lot Size

0.3 Acres


Lot Features

Street Level


Sewer

Public Sewer

Other Property Details

Area Name

647 - Pasadena (SW)


Days on Market

46


Garage

No


Parking

None


Parking Total

0


View

No


View Description

None


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

PSR1


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

4/8/2024

Pending

3/21/2024

Active

3/7/2024

Pending

Listing Contact: 626-594-4900 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/8/2024. 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 4/8/2024 at 8:06 PM UTC

 

Powered byLuxury Presence