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Listed by Handoko Chen, DRE #01749321 • Growth Investment Group Pasade
$ 6,780,000
Est. payment /mo
New
529 541 S EL MOLINO ST Pasadena, CA 91101
0.7 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR26139329
Style Bungalow
Year Built 1950
Lot Size 0.697 Acres
Source California Regional MLS
Property Description
TROPHY Class-A Location - 20-unit Steps from South Lake Ave, Erewhon, Caltech, and Old Town Pasadena | Attractive Returns with Major CapEx Completed | Bungalow Style Units + Expansive R3-Zoned Lot. HACIENDA GARDEN, a 20-unit apartment (2 x 10-unit) investment opportunity located in the highly desirable Playhouse District area of Pasadena, an eclectic cosmopolitan community rich in history and architecture. The property is right in the heart of Pasadena with short walking distance to multiple popular districts such as South Lake Ave Business District, Erewhon, CALTECH, and Old Town Pasadena. This offer provides investors with an opportunity to acquire a well-maintained asset in a trophy location with attractive return. It has a Walk Score of 81 out of 100. HACIENDA GARDEN is a 20-unit garden-style apartment community that consists of two properties: 529 S El Molino (10 units) and 541 S El Molino (10 units). It has a total building size of ±14,815 sqft and is situated on a large 30,367 sqft R3-zoned lot with excellent curb appeal and neatly manicured landscaping. It is exceptionally well-maintained in a Class-A neighborhood of Pasadena. 529 S El Molino is a bungalow style 10-unit with a total building size of 8,263 SF and situated on a 20,252 SF lot. It offers a gorgeous
Location
State CA
County Los Angeles
Area 647 - Pasadena (Sw)
Rooms
Kitchen Oven Range - Gas, Refrigerator
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Flooring Laminate
Laundry Laundry Area, Washer/Dryer - Owned
Exterior
Parking Features Covered Parking, Detached Garage, Other
Garage Spaces 19.0
Pool 31, None
View None
Roof Type Shingle
Building
Lot Description Grade - Level
Water District - Public
Architectural Style Bungalow
Others
Tax ID 5734019011
Special Listing Condition Not Applicable
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