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Sold for $4,250,000 on 02/02/24
  • Listing Provided by: 

    Christopher Cervantez DRE #01430875 626-347-5987,

    eHomes,

    Erin Nachreiner DRE #02046224,

    eHomes

    $4,250,000

    706 Brent Ave, South Pasadena, CA 91030

    --beds
    --baths
    10,850sqft
    Multi Family
    Built in 1950
    -- sqft lot
    $3,905,900 Zestimate®
    $392/sqft
    $2,421 Estimated rent

    What's special

    INCREDIBLE 14 UNIT IN PRIME LOCATION OF SOUTH PASADENA! For the first time in over 50 years, 706 Brent Ave is ready for a new owner. Brent offers an incredible opportunity to own a 14-unit apartment in one of Southern California's premier cities. Meticulously maintained, this trophy property was built in 1950. It has a total of ±10,850 sqft, situated on a ±16,532 sqft lot. There are 14 carport spaces w/ storage, 1 enclosed garage and 3 additional uncovered spaces. It has a shared laundry room w/ seller owned appliances. The property is separately metered for gas and electric. Excellent unit mix of two 2bed/1bath units along with four large 1bed/1bath units and eight standard sized 1bed/1bath units. With a "Walk Score" of 94, all things South Pasadena can be enjoyed within a short distance. Nearby shopping & restaurants like Bristol Farms, Trader Joe's, Mike & Anne's, Heirloom Bakery & Cafe, Gus's BBQ, Fiore Market and so much more! Garfield Park, The Metro Gold Line, easy access to freeways, it's easy to see why future residents love this area! Beyond incredible shopping and dining, South Pasadena schools are consistently ranked near the top of all CA schools. As previously stated, investment opportunities like this rarely hit the open market in prime areas like this. Take advantage of the opportunity to add this incredible asset to your portfolio as it's sure to be an incredible long-term investment.

    Zillow last checked: 7 hours ago

    Listing updated: February 02, 2024 at 10:52am

    Listing Provided by:

    Christopher Cervantez DRE #01430875 626-347-5987,

    eHomes,

    Erin Nachreiner DRE #02046224,

    eHomes

    Bought with:

    Chuhui Huang, DRE #01869453

    Re/Max Premier Prop Arcadia

    Source: CRMLS,MLS#: CV23183270MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Common Area, Laundry Room
    Features
    • Flooring: Carpet
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 10,850
    • Total interior livable area: 10,850 sqft

    Property

    Parking
    • Total spaces: 18
    • Parking features: Concrete, Carport, Garage
    • Garage spaces: 1
    • Carport spaces: 14
    • Covered spaces: 15
    • Uncovered spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 0.38 Acres
    • Features: Garden, Landscaped, Yard
    Details
    • Parcel number: 5318005009
    • Zoning: SPR310000*
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Glass, Stucco
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Available, Sewer Connected

    Community & neighborhood

    Community
    • Community features: Sidewalks, Urban
    Location
    • Region: South Pasadena

    HOA & financial

    Other financial information
    • Total actual rent: 18725

    Other

    Other facts
    • Listing terms: Submit
    • Road surface type: Paved
    Services availability
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    Estimated market value

    $3,905,900