Sold for $1,299,999

Listed by: Keller Williams Realty • David Knight • Contact: 626-657-0359

Bought with: EXP REALTY OF CALIFORNIA INC

$1,299,999

530 E Mountain St, Pasadena, CA 91104

11beds

10baths

4,716sqft

Multi Family

Built in 1954

-- sqft lot

$1,409,200 Zestimate^®

$276/sqft

$2,695 Estimated rent

Home value

$1,409,200

$1.27M - $1.58M

$2,695/mo

Zestimate^® history

Owner options

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$2,695/mo

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$2,695/mo

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$8,312/mo

Est. payment

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$8,312/mo

Est. payment

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What's special

Great opportunity to own a 7-unit apartment building strategically located in a charming neighborhood of Pasadena! The property features a well-rounded mix of units: four 1-bedroom, 1-bath units; two 2-bedroom, 2-bath units; and one expansive 3-bedroom, 2-bath unit, all currently tenant-occupied, ensuring immediate rental income. Property is comprised of 3 buildings. The front building was a craftsman home that was converted into a triplex. The middle building is a ground-level duplex. The rear building has 4 single-car garages, with a duplex above them. The property also includes ample parking, adding to the appeal, and is located just a few short blocks from markets & restaurants on N Lake Ave. Immense potential for those looking to capitalize on an investment with significant upside potential in a sought-after city.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 11
Bathrooms: 10

Heating

None

Cooling

None

Appliances

Laundry: Common Area

Features

Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls,1 Common Wall,End Unit,No One Above,No One Below

Interior area

Total structure area: 4,716
Total interior livable area: 4,716 sqft

Property

Parking

Total spaces: 8
Parking features: Concrete, Driveway, Garage Faces Front, Garage
Garage spaces: 4

Features

Levels: One,Two
Stories: 1
Pool features: None
Spa features: None
Fencing: Block,Chain Link
Has view: Yes
View description: None

Lot

Size: 0.29 Acres
Features: Sprinklers None

Details

Parcel number: 5731001004
Special conditions: Standard,Trust

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Brick, Stucco, Wood Siding

Condition

Year built: 1954

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Sidewalks
Subdivision: Not Applicable

Location

Region: Pasadena

Financial & listing details

Price per square foot: $276/sqft
Date on market: 8/14/2024
Cumulative days on market: 36 days
Listing terms: Cash,Cash to New Loan,Conventional
Exclusions: All items belonging to the tenants will remain as such
Tenant pays: Trash Collection, Water

Price history

Date	Event	Price
11/1/2024	Sold	$1,299,999+18.3%$276/sqft
Source: CRMLS #P1-18865 Report a problem
10/29/2024	Pending sale	$1,099,000$233/sqft
Source: CRMLS #P1-18865 Report a problem