1513 HUNTINGTON DR Active Save Request In-Person Tour Request Virtual Tour
South Pasadena,CA 91030
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 10,463 sqft
Price per Sqft $506
MLS Listing ID AR25215581
Style Mid Century Modern
HOA Y/N No
Year Built 1948
Lot Size 0.423 Acres
Acres 0.4229
Property Sub-Type Apartment
Property Description
14-unit Trophy Asset in South Pasadena (NO LOCAL Rent Control), Excellent Location in the heart of South Pasadena – steps from So Pas Middle School, South Pasadena Unified School District, Superb Mid-Century Modern Architecture, Excellent Curb Appeal, First Time for Sale Since 1976, High Quality units and Large units.
A True Trophy Mid-Century Modern 14-unit apartment in one of the best locations in the City of South Pasadena, California. This is the first time this property is being offered for sale since 1976 (49 years)! City of South Pasadena apartment market does not have any local rent control, and it has always been known as a “high-barrier-to-entry” and “no inventory” market as there are always very limited numbers of multifamily community offered for sale. Situated in the heart of South Pasadena on Huntington Dr and Fair Oaks Ave, this Gem is only steps away from So Pas Middle School on Fair Oaks, and just minutes away from all the shopping, dining, and area amenities on Fair Oaks Ave and Mission St Downtown District. It has Exceptional demographics with over $159,143 AHH income within a mile-radius, and within the highly desirable South Pasadena Unified School District.
The property consists of 2 separate buildings with center landscape area. The main building is a two-story walk-up apartment, and the 2nd building is a single story fourplex. It has fabulous landscaping with well-manicured lawn, a fruit tree, and flowering trees. The property was built in 1948 with distinctive Mid-Century Modern architecture and sits on a large 18,243 SF R3 zoned lot. The owner has made many capital improvements such as upgrading several units (including one of the owner's past units) and completed electrical panel upgrades. The property has good unit mix of Two (2) x large 2bedroom+1bathroom, Seven (7) x spacious 1bedroom+1bathroom, and Five (5) Studio units.
The property was very well built, which is visible by looking at the high quality of the units. Each unit has the original hardwood flooring, smooth ceiling, ceiling fans in living room and bedroom, windows a/c and wall heating. The non-upgraded unit has tiled kitchen countertops, with retro gas range with oven, and retro wall heating unit. The owner's previous unit (1515-D) has been fully upgraded with brand new kitchen, brand new bathroom, and in-unit laundry machines.
Location
State CA
County Los Angeles
Area 658 - So. Pasadena
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplaces Type None
Appliance Gas Range,Refrigerator
Laundry Common Area,Community,Dryer Included,Gas Dryer Hookup,Washer Hookup,Washer Included
Exterior
Parking Features Assigned,Attached Carport
Garage Spaces 8.0
Fence Wrought Iron
Pool None
Community Features Suburban,Valley
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
View None
Roof Type Asbestos Shingle
Private Pool No
Building
Lot Description Landscaped,Lawn,Level with Street,Lot 10000-19999 Sqft,Sprinkler System
Story 2
Sewer Public Sewer
Water Public
Architectural Style Mid Century Modern
Level or Stories Two
New Construction No
Others
Senior Community No
Acceptable Financing None
Listing Terms None
Financing None
Special Listing Condition Standard
Lease Land No
Confidential INFO
TERMS Cash,Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE None,See Remarks
SHOW INSTRUCTIONS Go direct to walk the common area, fully tenant occupied. Inspection only with an accepted offer.