530 E Mountain Street
Pasadena, CA 91104
- – beds
- – baths
- – sqft
- 12,650 sqft lot
- 1954 build
- – on site
More homes
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.
Last checked:
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Last updated Jan 17, 2025
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MLS# P1-18865 —
The Building
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Year Built:1954
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Year Built Source:Assessor
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Construction Materials:Brick, Wood Siding, Stucco
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Building Area Total:4716.00
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Total Number Of Units:7
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# of Buildings:3
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Architectural Style:Traditional
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Stories Total:2
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Common Walls:1 Common Wall, No One Below, No One Above, End Unit, 2+ Common Walls
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# of Separate Gas Meters:7
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# of Separate Water Meters:7
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# of Separate Electric Meters:7
Interior
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Levels:One, Two
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Fireplace:No
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Fireplace:None
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Laundry:Community
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Laundry:1
Location
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Directions:East of Los Robles
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Latitude:34.16121100
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Longitude:-118.13955900
The Property
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Property Type:Residential Income
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Lot Features:Sprinklers None
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Lot Size Area:12650.0000
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Lot Size Acres:0.2904
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Lot Size SqFt:12650.00
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Lot Size Source:Assessor
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View:None
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Fencing:Block, Chain Link
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Fence:Yes
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Exclusions:All items belonging to the tenants will remain as such
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Property Attached:1
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:462...
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Tax Lot:3
The Listing
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Special Listing Conditions:Standard, Trust
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Parcel Number:5731001004
Heating & Cooling
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Heating:None
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Cooling:No
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Cooling:None
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:None
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Included:No
The Community
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Subdivision:Not Applicable
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Subdivision:Not Applicable
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Features:Sidewalks
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
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Assessments:None
Parking
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Parking:Yes
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Parking:Garage, Concrete, Garage Faces Front, Driveway
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Parking Spaces:8.00
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Garage Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/1/24
Nov 1, 2024
|
Sold | CRMLS_CA | $1,299,999 | 18.3% |
10/28/24
Oct 28, 2024
|
Pending | CRMLS_CA | $1,099,000 | |
9/3/24
Sep 3, 2024
|
Price Changed | CRMLS_CA | $1,099,000 | -15.4% |