Listed at a 6.69% CAP rate and 9.59 GRM. Located in a historic area, surrounded by gracious majestic trees and mature greenery, this gated, unique investment opportunity provides a turn-key operation. There are 19 bachelor units plus a 2 bed/2 bath house + office. The bachelor units have a freestanding sink, refrigerator, electric stovetop, new mini-split AC units, and a full bathroom. There are new heating / air conditioning units in each apartment. Each unit features OVERVIEW a convenient, walk-in closet.
Sold for $3,525,000
Listing Provided by: Keller Williams Realty/Pasadena
Bought with: California Prime Realty
$3,525,000
531 Prescott St, Pasadena, CA 91104
2beds
21baths
8,852sqft
Multi Family
Built in 1914
-- sqft lot
$2,604,300 Zestimate®
$398/sqft
$3,160 Estimated rent
Home value
$2,604,300
$2.19M - $3.02M
$3,160/mo
Zestimate® history
Owner options
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$3,160/mo
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$22,509/mo
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$22,509/mo
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Zillow last checked:
Listing updated:
Listing Provided by:
KEVIN HURLEY DRE #01237798 626-484-1897,
Keller Williams Realty/Pasadena
Bought with:
Sameh Nicola, DRE #01310404
California Prime Realty
Source: CRMLS,MLS#: WS24145258
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 21
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 8,852
- Total interior livable area: 8,852 sqft
Property
Parking
- Total spaces: 12
- Parking features: Garage
- Garage spaces: 12
Features
- Entry location: front
- Pool features: None
Lot
- Size: 0.33 Acres
- Features: Street Level
Details
- Parcel number: 5730001023
- Zoning: PSC6
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1914
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs
Location
- Region: Pasadena
Other
Other facts
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2024 | Sold | $3,525,000$398/sqft |
Source:  CRMLS #WS24145258 Report a problem | ||
| 8/28/2024 | Contingent | $3,525,000$398/sqft |
Source: CRMLS #WS24145258 Report a problem | ||
| 7/16/2024 | Listed for sale | $3,525,000$398/sqft |
Source: CRMLS #WS24145258 Report a problem | ||
| 1/12/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 12/20/2021 | Listed for rent | $3,700+214.9% |
Source: Zillow Rental Manager Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/25/2018 | Listing removed | $1,175 |
Source: Owner Report a problem | ||
| 6/22/2018 | Listed for rent | $1,175+2.2% |
Source: Owner Report a problem | ||
| 8/1/2017 | Listing removed | $1,150 |
Source: Owner Report a problem | ||
| 7/29/2017 | Listed for rent | $1,150-64.6% |
Source: Owner Report a problem | ||
| 5/16/2017 | Listing removed | $3,250 |
Source: Owner Report a problem | ||
| 5/15/2017 | Price change | $3,250+182.6% |
Source: Owner Report a problem | ||
| 4/18/2017 | Listed for rent | $1,150 |
Source: Owner Report a problem | ||
| 1/18/2017 | Listing removed | $1,150 |
Source: Owner Report a problem | ||
| 1/13/2017 | Listed for rent | $1,150 |
Source: Owner Report a problem | ||
| 7/11/2016 | Listing removed | $1,150+5% |
Source: Focus Property Services Inc. Report a problem | ||
| 3/3/2016 | Price change | $1,095+2.3% |
Source: Focus Property Services Inc. Report a problem | ||
| 1/5/2016 | Price change | $1,070+10.3% |
Source: Focus Property Services Inc. Report a problem | ||
| 12/4/2015 | Listed for rent | $970+17.6% |
Source: Focus Property Services Inc. Report a problem | ||
| 11/11/2013 | Listing removed | $825 |
Source: Go Section8 Report a problem | ||
| 11/8/2013 | Listed for rent | $825 |
Source: Go Section8 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: North Central
Nearby schools
GreatSchools rating
- 4/10Longfellow (Henry W.) Elementary SchoolGrades: K-5Distance: 0.6 mi
- 2/10Eliot Arts MagnetGrades: 6-8Distance: 1.2 mi
- 4/10John Muir High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$2,604,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,604,300
- California
- Los Angeles County
- Pasadena
- 91104
- North Central
- 531 Prescott St
Nearby cities
Nearby neighborhoods
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