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.
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Data last updated on 4/8/2024 at 8:06 PM UTC