531 Prescott ST

PASADENA, CA, 91104

$4,880,000

$551 per ft²
$4,880,000
$551 per ft²
Active
Active
 - For Sale
beds
2 Beds
baths
1 Bath
carpenters-square
8,852 ft²
property_type
Multi-family
calendar
Built 1914
Located in a historic area, surrounded by gracious majestic trees and mature greenery, this gated, unique investment opportunity provides a turn-key operation. The property was previously licensed as an independent living facility for the visually impaired. The property is currently being leased to market rate tenants. New ownership to perform their own investigation regarding current use, allowable use, and permitted number of units. There are 19 studio units plus the 2 bed/2 bath + office, house. The studio units have a freestanding sink, refrigerator, hot pad unit, and a full bathroom. There are new heating / air conditioning units in each apartment. Each unit features a convenient, walk-in closet. There are stairs and one certified handicap elevator.
MLS® ID:
WS23008382MR
Listed:
1/16/23
Updated:
2/5/23
Sotheby's International Realty
Gina Valona

Interior Features

Total Bedrooms
2
Total Bathrooms
1
Laundry Description
Laundry Area
Cooling
See Remarks
Heating
Other

Exterior/Building Features

Lot Size
0.33 acres lot
Sewer
Public Sewer

Other Property Details

Garage
No
Parking
11
Parking Total
11.0
View
N
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Total Stories
2
Zoning
PSC6

Courtesy of PASADENA MARKET CENTER, KEVIN HURLEY,
Listing Contact:  

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 Gina Valona shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2023 Combined L.A./Westside MLS. All rights reserved.

Data last updated 2/5/23

Sotheby's International Realty
Gina Valona
Contact