Under contract

531 Prescott ST

PASADENA CA, 91104

$3,525,000


$398.22 per sqft

Under contract

2 Beds

4 Baths

8,852 sqft

Multi-family

Built in 1914

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.

WS24145258MR

MLS ID

July 15, 2024

Listed

August 28, 2024

Updated

Map

531 Prescott ST
PASADENA CA, 91104

Interior Features

Total Stories

2


Bedrooms

2


Total Bathrooms

4


Laundry Description

Laundry Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.33 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Pasadena NE


Days on Market

43


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

8/28/2024

Under contract

Listed by KEVIN HURLEY with Keller Williams Realty/Pasadena
Listing Contact: 626-204-3456 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor The Angelas Sell Los Angeles | CA DRE# 02050331 | CA DRE# 01917116 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 8/28/2024

Powered byLuxury Presence