531 Prescott Street, Pasadena, CA 91104

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Property Description

Listed at a 6.69% CAP rate and 9.59 GRM. Located in a historic area, surrounded by gracious majestic trees and mature greenery, this gated, unique investment opportunity provides a turn-key operation. There are 19 bachelor units plus a 2 bed/2 bath house + office. The bachelor units have a freestanding sink, refrigerator, electric stovetop, new mini-split AC units, and a full bathroom. There are new heating / air conditioning units in each apartment. Each unit features OVERVIEW a convenient, walk-in closet.


Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 531 Prescott Street
City Pasadena
State CA
Zip 91104
County Los Angeles
Listing Agent KEVIN HURLEY DRE #01237798
Courtesy Of Keller Williams Realty/Pasadena
Close Price $3,525,000
Status Closed
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 14,360
Year Built 1914

Listing information courtesy of: KEVIN HURLEY, Keller Williams Realty/Pasadena. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 16th, 2024 at 12:22 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.