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Sold for $1,303,000 on 02/23/24
  • Listing Provided by: 

    Luther Tsinoglou DRE #01135433 626-695-8650,

    Compass

    $1,303,000

    1507 Wesley Ave, Pasadena, CA 91104

    --beds
    --baths
    2,067sqft
    Triplex
    Built in 1923
    -- sqft lot
    $1,302,900 Zestimate®
    $630/sqft
    $5,760 Estimated rent

    What's special

    Located in the East Washington Village section of Pasadena, this 3-unit property offers an ideal opportunity for an owner-user or investor. This property currently consists of 3 fully updated units measuring approx. 2,067sf. Approved City plans are available to convert an existing storage into a 202sf. ADU that is located at the rear of the property are also included. The existing multi-use studio/storage is ideal as an ADU-unit, a home office, guest quarters or hobby shop. The property provides great cash-flow with room for revenue improvement and consists of: Two - 2 bedroom and 1 bath units, One - 1 bedroom and 1 bath unit and a separate studio/home office with a 3/4 bath. Tastefully updated and well maintained, these units offer newer kitchens with built-in appliances, updated bathrooms, updated windows and doors, newer laminate flooring, newer cabinets and countersign addition to updated electrical and plumbing. Each unit(except the studio) has its own laundry connections. The property includes parking for up to 4-vehicles, 4 electrical and 4 gas meters. Situated within walking distance of the local shops on Washington Blvd. and only minutes away from the local schools and transportation.

    Zillow last checked: 7 hours ago

    Listing updated: July 16, 2024 at 03:51pm

    Listing Provided by:

    Luther Tsinoglou DRE #01135433 626-695-8650,

    Compass

    Bought with:

    Gary Wat, DRE #01968039

    Keller Williams Beverly Hills

    Source: CRMLS,MLS#: AR24009349MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Heat Pump, Natural Gas, Wall Furnace
    Appliances
    • Laundry: In Kitchen, Outside, See Remarks, Stacked
    Features
    • Flooring: Laminate
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,067
    • Total interior livable area: 2,067 sqft

    Property

    Parking
    • Total spaces: 4
    • Uncovered spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground
    • Exterior features: Lighting
    • Pool features: None
    Lot
    • Size: 7,358 sqft
    • Features: Front Yard, Lawn, Rectangular Lot, Street Level, Walkstreet, Yard
    Details
    • Additional structures: Shed(s)
    • Parcel number: 5850017022
    • Zoning: PSR1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Materials
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1923

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s)
    Community
    • Community features: Curbs, Street Lights, Sidewalks
    Location
    • Region: Pasadena

    HOA & financial

    Other financial information
    • Total actual rent: 6700

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,1031 Exchange
    • Road surface type: Paved
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $1,302,900

    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

    $1,302,900