545 S Euclid Avenue
Pasadena, CA, 91101 $ 3,200,000
Bedrooms15 Baths4.0 Sq 6,548 Monthly Estimate*
$ 22,353
Listed by Growth Investment Group Pasade
for $3,200,000 with 15 bedrooms and 4 full baths. This 6,548 square foot home was built in 1922 on a lot size of 0.2979.
DISCLOSURE: Historical property, No Parking, Seller is a real estate broker in California. Deferred maintenance, Selling AS-IS 545 S Euclid Ave, a Madison Heights area multifamily investment opportunity. It is an 8-unit bungalow style located in one many would consider the best area of the highly desirable City of Pasadena, CA. This offering provides an extremely rare opportunity for investors to acquire a true value add building in a Class A Location. This is the first time this property has been offered for sale by itself since 2000 (±24years!). 545 S Euclid is a very attractive single-story (except the 4bedroom house is a 2-story) bungalow style apartment that was built in 1922. It offers a large ±6,548 SF building size and is situated on a large ±12,982 SF lot size. It has superb curb appeal with a center garden area. It offers an excellent unit mix with one (1) x large 4bedroom+2bathroom house in the back, four (4) x single story 2bedroom+1bathroom, and three (3) x 1bedroom+1bathroom bungalows. Each unit is spacious and large with an excellent layout, original hardwood flooring, charm, and character. The large house in the back is a 2-story grand house with 4bedroom+2bathroom and has beautiful character that is unique such as an oversized living room, original hardwood floor, double door to the first bedroom, floor heater, large private side and backyard, laundry area with laundry hookups and so much more. The vacant units are the large 4bed house, two (2) of the 2bedroom units, and one (1) of the 1bedroom unit. The property is separately metered for electricity and gas and each unit has its own water heater. Each unit has its own laundry hookups, large kitchen area, and spacious bathroom. There is no parking. This property is registered as historical property with the city of Pasadena and National Historical registry.
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FeaturesGeneralSewer PublicSewer
Heating FloorFurnace
Cooling WallWindowUnits
Utilities CableConnected ElectricityConnected NaturalGasConnected PhoneAvailable SewerConnected WaterConnected
Possession CloseOfEscrow
Zoning PSR1
HOA 0.0
Garage Spaces 0.0
Pool Features None
Year Built 1922
Electric Standard
Tenant Pays Electricity Gas
View None
Stories 2
Levels Two
Property SubType Apartment
Gross Income 0.0
Community Features Valley
County Los Angeles
Net Operating Income 0.0
Operating Expense 0.0
Insurance Expense 4648.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency sellers' 1031 exchange
Garage Y/N N
Special Listing Conditions Standard
Status Pending
Directions north of California Blvd and south of Del Mar Blvd
City Pasadena
Disclosures Historical PrincipalisRealEstateLicensed
Entry Location 1
View Y/N N
Senior Community Y/N N
Open Parking Spaces 0.0
Total Units 8
MLS Area 647 - Pasadena (SW)
Lot Size Square Feet 12978.0
Private Pool N
Waterfront Y/N N
Carport Spaces 0.0
Carport Y/N N
Street Name Euclid
Listing Terms Cash CashtoNewLoan
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Property Condition Fixer RepairsMajor
Trash Expense 3317.0
Water Sewer Expense 2940.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 46
Building Area Units SquareFeet
Standard Status Pending
Year Built Source Assessor
Tax Lot 3
Property Sub Type Additional Apartment
Taxes 35447.0
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InteriorFlooring Carpet Wood
Fireplace Features None
Total Stories 2
Common Walls Item2CommonWalls NoOneAbove NoOneBelow
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Laundry Features WasherHookup GasDryerHookup
Entry Level 1
Electric On Property Y/N N
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ExteriorParking Features None
Lot Features StreetLevel
Water Source Public
Total Parking 0.0
Lot Size Area 12978.0
Number of Buildings 5
Spa N
Building Area Total 6548.0
Lot Size Acres 0.2979
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByGrowth Investment Group PasadeBroker
Affordability Calculator
- Monthly Principal & Interest
- $22,353
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Pasadena, CA
Average List Price $2,721,646
Percent of Sale Price 15%
About Pasadena, CA 141,450 Population
6% Since 2002
$ 77,514 Median Income
39.52 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
2/7/2024 | $3,200,000 | | Listed Price |