1429 Monterey Road, South Pasadena, CA 91030
- $2,500,000
- List Price
- $2,500,000
- Status
- ACTIVE
- MLS#
- P1-27807
- Year Built
- 1923
- Lot Size
- 7,848
- Acres
- 0.18
- Days on Market
- 29
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
- Neighborhood
- Not Applicable
Property Description
Fantastic investment opportunity! Well maintained four-unit income property in the heart of South Pasadena. Prime location just blocks from the city's award-winning high school, middle school, and main corridor on Mission Street. Residents enjoy quick access to shops, restaurants, and grocery stores including Trader Joe's and Pavilions. Two units on the main level and two units on the upstairs level, each approximately 1300sqft. All units feature one bedroom, one bathroom, in-unit laundry, living room, dining room, and individual meters for electric and gas. Upstairs units also include a walk-in closet and a large den that can be used as a 2nd bedroom. Gated parking with one parking spot and one storage space per unit. Lush, mature landscaping on the property adds privacy and aesthetic appeal. Built-ins and abundant storage within the units add convenience and functionality. Don't miss this rare opportunity in a high-demand area.
Additional Information
- Appliances
- Gas Cooktop, Gas Oven, Refrigerator
- Pool Description
- None
- Heat
- Floor Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Built-in Features, Balcony, Recessed Lighting, Storage
- Attached Structure
- Detached
- Gross Scheduled Income
- $129,120
- Operating Expense
- 29466
Listing courtesy of Listing Agent: Evangelyn Lin (eva@linrealtygroup.com) from Listing Office: eXp Realty of California, Inc..
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