1400 N Garfield AVE new Save Request In-Person Tour Request Virtual Tour
Pasadena,CA 91104
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25052126
Year Built 1932
Lot Size 10,881 Sqft
Property Sub-Type Quadruplex
Property Description
Great opportunity to own a 4-unit, beautifully maintained investment property with a diverse mix of units from 2 Bedroom/2 Bathroom up to a 4 Bedroom/2.5 Bath offering excellent upside potential. The front house offers great curb appeal with a grand front porch and upstairs balconies overlooking the grassy fenced front yard shared by the two front units. The insides of the units offer classic features like fireplaces and arched doorways. The first front unit features a 1,500 sf. 2 Bedroom - 2 Bath with loft. The second unit is a roomy 1,677 sf unit featuring 4 Bedrooms - 2.5 Baths. Each unit is assigned it's own garage with a washer and dryer in each. There is a large open space between the buildings for additional parking. In the rear of the property is a second building offering two identical 3 Bedroom - 2 Bath units. There is a shared carport with one space for each unit. The upstairs unit opens to a beautiful custom deck for those tenants exclusive use. The bottom unit has exclusive access to a back patio area extending the length of the building. The recent addition of individual laundry facilities for the rear two units is a potential source of extra monthly income. In addition to being amazingly maintained the property owner has done extensive upgrades including new roofs, copper plumbing, complete exterior paint, landscaping, earthquake retrofit, resurfaced driveway and more. All units are tenant-occupied ensuring immediate rental income. This property is conveniently located close to bus stops, grocery stores, restaurants, shops, with easy access to Old Town and the Rose Bowl and all Pasadena has to offer. Don't miss this opportunity to add this excellent property to your investment portfolio!
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Zoning PSR3
Interior
Heating Central
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplaces Type Living Room
Laundry In Garage
Exterior
Parking Features Asphalt,Carport,Driveway Down Slope From Street,Door-Single,Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs,Street Lights,Sidewalks
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Story 3
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard