529 541 S EL MOLINO ST, Pasadena, CA 91101

$6,780,000

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Listed by Handoko Chen, from Growth Investment Group Pasade
(If provided) CoList: from

List Price
$6,780,000
MLS#
CRAR26139329
Status
ACTIVE
Lot Size
30,367
Listing Area
647 - Pasadena (Sw)
Year Built
1950

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

Additional Information

Cooling System
Window / Wall Unit
Floor Covering
Laminate
Garage Parking
Covered Parking, Detached Garage, Other
Heating System
Wall Furnace
Laundry Facilities
Laundry Area, Washer/Dryer - Owned
Lot Description
Grade - Level
Lot Size
30,367
Neighborhood
647 - Pasadena (Sw)
Pool Description
31, None
Roof
Shingle
Style
Bungalow
Unincorporated Yn
Yes

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