59 S Meridith Avenue

Pasadena, CA 91106

$3,300,000

List Price

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bed Beds

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1964

calendar_month Built

Property Description

7 Unit Apartment building in Pasadena, CA located walking distance (1 block away) from Pasadena City College (PCC). 4 units are currently vacant and used as short-term rental (Airbnb). Airbnb business will also be included in the sale (135 reviews at 4.92 rating with “Guest Favorite” award). Unit mix: 2 x (2B+1B) and 5 x (1B+1B). Laundry room on site with 1 coin operated washer and 1 coin operated dryer (both units owned and included with the sale). New rain gutters recently installed, new facia, new paint, new windows, new plumbing, new electrical panels (3 out of 7 units), drainage updated, 2 new water heaters, refurbished roof (less than 3 years ago). 7 covered parking spots on site (all carports). Excellent location with walk score of 87 and bike score of 75. Most errands can be accomplished on foot and biking is convenient on most trips. Less than 1 mile away from California Institute of Technology (Caltech), 1.1 miles away from Huntington Library, 2 miles away from Pasadena Convention Center and 4.5 miles away from Rose Bowl.

Listing Information

List Price $3,300,000
Status Active
MLS WS24164590
Type Residential Income
Subtype Apartment
Year Built 1964
Lot Size 7,930
Structure Size N/A
DOM 96
Courtesy Of KW Executive
Listing Agent DONALD LA DRE#01928418

Interior Features

Laundry Information
Location(s) Laundry Room
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: DONALD LA, KW Executive 626-888-2995. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 13th, 2024 at 6:54 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.