$1,688,000
- Beds
- 4
- sq ft
- 2,131
383 S El Molino Ave, Pasadena, CA 91101
383 S El Molino Ave
Pasadena, CA 91101
- 5 days on market
TRIPLEX IN EXCELLENT LOCATION! Tucked away on the corner of S. El Molino Ave. and the small side street Palm View Place, sits this fantastic triplex with so much to offer a new owner. Just a few blocks and short walk to South Lake Ave. and Trader Joe's make these excellent rentals or an owner user opportunity. There is one 2 Bed + 1 bath unit, approx. 900 SF +/- and two 1 Bed + 1 bath units, approx. 600 SF +/- each, (Buyer to independently verify square footages). Two units have been completely remodeled and offer wood flooring, recessed lighting, updated kitchens and bathrooms including cabinets/appliances and newer central AC and heat. The building features updated plumbing and electrical, a pitched roof that is in great condition and enclosed garages for three cars in addition to open parking on the driveway. A big value add play is the possibility to convert the garages to an ADU fourth unit, Buyer to verify with city. Each unit has its own water heater and they are separately metered for gas and electricity. The property is subject to local Pasadena rent control, so buyers are encouraged to verify and familiarize with local laws. PLEASE DO NOT DISTURB THE TENANTS. DRIVE-BY ONLY.
Details
Property type
Lot size
5,889 sq ft
Price per sq ft
$793
Year built
1951
HOA
No
Price History
12/17/2024
CLAW #24472869
Listed
$1,688,000
+79.57%
07/08/2016
CLAW #16131994
Sold
$940,000
Schools & Community
Neighborhood:
South
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 12/22/2024 at 10:30 PM
Listing updated: 12/21/2024 at 4:50 PM
Listed by: Alexander Metaxas, Realty Investment Advisors, Inc.
MLS: CLAW #24472869
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