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545 S Euclid Avenue

Pasadena, CA 91101
  • $3,200,000
  • STATUS: PENDING
  • ON SITE: 72 Days
  • ID#: AR24027297
Pending
$3,200,000
  • 7
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

DISCLOSURE: Historical property, No Parking, Seller is a real estate broker in California. Deferred maintenance, Selling AS-IS 545 S Euclid Ave, a Madison Heights area multifamily investment opportunity. It is an 8-unit bungalow style located in one many would consider the best area of the highly desirable City of Pasadena, CA. This offering provides an extremely rare opportunity for investors to acquire a true value add building in a Class A Location. This is the first time this property has been offered for sale by itself since 2000 (24years!). 545 S Euclid is a very attractive single-story (except the 4bedroom house is a 2-story) bungalow style apartment that was built in 1922. It offers a large 6,548 SF building size and is situated on a large 12,982 SF lot size. It has superb curb appeal with a center garden area. It offers an excellent unit mix with one (1) x large 4bedroom+2bathroom house in the back, four (4) x single story 2bedroom+1bathroom, and three (3) x 1bedroom+1bathroom bungalows. Each unit is spacious and large with an excellent layout, original hardwood flooring, charm, and character. The large house in the back is a 2-story grand house with 4bedroom+2bathroom and has beautiful character that is unique such as an oversized living room, original hardwood floor, double door to the first bedroom, floor heater, large private side and backyard, laundry area with laundry hookups and so much more. The vacant units are the large 4bed house, two (2) of the 2bedroom units, and one (1) of the 1bedroom unit. The property is separately metered for electricity and gas a DISCLOSURE: Historical property, No Parking, Seller is a real estate broker in California. Deferred maintenance, Selling AS-IS 545 S Euclid Ave, a Madison Heights area multifamily investment opportunity. It is an 8-unit bungalow style located in one many would consider the best area of the highly desirable City of Pasadena, CA. This offering provides an extremely rare opportunity for investors to acquire a true value add building in a Class A Location. This is the first time this property has been offered for sale by itself since 2000 (24years!). 545 S Euclid is a very attractive single-story (except the 4bedroom house is a 2-story) bungalow style apartment that was built in 1922. It offers a large 6,548 SF building size and is situated on a large 12,982 SF lot size. It has superb curb appeal with a center garden area. It offers an excellent unit mix with one (1) x large 4bedroom+2bathroom house in the back, four (4) x single story 2bedroom+1bathroom, and three (3) x 1bedroom+1bathroom bungalows. Each unit is spacious and large with an excellent layout, original hardwood flooring, charm, and character. The large house in the back is a 2-story grand house with 4bedroom+2bathroom and has beautiful character that is unique such as an oversized living room, original hardwood floor, double door to the first bedroom, floor heater, large private side and backyard, laundry area with laundry hookups and so much more. The vacant units are the large 4bed house, two (2) of the 2bedroom units, and one (1) of the 1bedroom unit. The property is separately metered for electricity and gas and each unit has its own water heater. Each unit has its own laundry hookups, large kitchen area, and spacious bathroom. There is no parking. This property is registered as historical property with the city of Pasadena and National Historical registry.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/147368817
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545 S Euclid Avenue Pasadena, CA 91101

  • Price: $3,200,000
  • Status: PENDING
  • On Site: 72 Days
  • ID#: AR24027297
7
Beds
0
Baths
0
½ Baths
0.3
Acres
Neighborhood:
Madison Heights
County:
Los Angeles
Area:
Pasadena (91101)
Property Description
DISCLOSURE: Historical property, No Parking, Seller is a real estate broker in California. Deferred maintenance, Selling AS-IS 545 S Euclid Ave, a Madison Heights area multifamily investment opportunity. It is an 8-unit bungalow style located in one many would consider the best area of the highly desirable City of Pasadena, CA. This offering provides an extremely rare opportunity for investors to acquire a true value add building in a Class A Location. This is the first time this property has been offered for sale by itself since 2000 (24years!). 545 S Euclid is a very attractive single-story (except the 4bedroom house is a 2-story) bungalow style apartment that was built in 1922. It offers a large 6,548 SF building size and is situated on a large 12,982 SF lot size. It has superb curb appeal with a center garden area. It offers an excellent unit mix with one (1) x large 4bedroom+2bathroom house in the back, four (4) x single story 2bedroom+1bathroom, and three (3) x 1bedroom+1bathroom bungalows. Each unit is spacious and large with an excellent layout, original hardwood flooring, charm, and character. The large house in the back is a 2-story grand house with 4bedroom+2bathroom and has beautiful character that is unique such as an oversized living room, original hardwood floor, double door to the first bedroom, floor heater, large private side and backyard, laundry area with laundry hookups and so much more. The vacant units are the large 4bed house, two (2) of the 2bedroom units, and one (1) of the 1bedroom unit. The property is separately metered for electricity and gas a DISCLOSURE: Historical property, No Parking, Seller is a real estate broker in California. Deferred maintenance, Selling AS-IS 545 S Euclid Ave, a Madison Heights area multifamily investment opportunity. It is an 8-unit bungalow style located in one many would consider the best area of the highly desirable City of Pasadena, CA. This offering provides an extremely rare opportunity for investors to acquire a true value add building in a Class A Location. This is the first time this property has been offered for sale by itself since 2000 (24years!). 545 S Euclid is a very attractive single-story (except the 4bedroom house is a 2-story) bungalow style apartment that was built in 1922. It offers a large 6,548 SF building size and is situated on a large 12,982 SF lot size. It has superb curb appeal with a center garden area. It offers an excellent unit mix with one (1) x large 4bedroom+2bathroom house in the back, four (4) x single story 2bedroom+1bathroom, and three (3) x 1bedroom+1bathroom bungalows. Each unit is spacious and large with an excellent layout, original hardwood flooring, charm, and character. The large house in the back is a 2-story grand house with 4bedroom+2bathroom and has beautiful character that is unique such as an oversized living room, original hardwood floor, double door to the first bedroom, floor heater, large private side and backyard, laundry area with laundry hookups and so much more. The vacant units are the large 4bed house, two (2) of the 2bedroom units, and one (1) of the 1bedroom unit. The property is separately metered for electricity and gas and each unit has its own water heater. Each unit has its own laundry hookups, large kitchen area, and spacious bathroom. There is no parking. This property is registered as historical property with the city of Pasadena and National Historical registry.
Exterior Features

Pool N/K Spa N/K Topography Level

Interior Features

Cooling Wall/Window Heat Equipment Floor Furnace Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1

Property Features

Annual Expense Actual 60265 Assessments Yes/Remarks Buildings 5 Cfd Mello Roos Fee 1974.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 0 Home Owners Fees 0.0 Monthly Total Fees 164 Possession Close of Escrow Tenant Pays ElectricityGas/Propane Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 0.0 Unit2 Rent Actual 0.0 Unit3 Rent Actual 0.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Han Chen of Growth Investment Group Pasade: 626-224-2495. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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