Real estate listing preview #1
listing
1 of 1
Residential IncomeFor Sale
$2,100,000
500 Mound Avenue
South Pasadena, CA 91030
Listed by Jagmeet Singh DRE#01886951 [email protected] Keller Williams Dtla
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$10,940/mo

Presenting a unique investment opportunity at 500 Mound Ave, South Pasadena, CA 91030. This 6-unit multifamily property boasts a highly desirable and central location just off of Fair Oaks Ave and near the 110 Freeway. Located in coveted South Pasadena, or the “City of Trees,” tenants benefit from proximity to Mission Street retail and dining, top quality “Blue Ribbon” schools, and beautiful parks. The unit mix includes (2) 2B+1B units, (3) 1B+1B units, and (1) office, spread across three separate buildings. Built in 1921 and being offered for sale for the first time in 25 years, this property features a spacious enclosed grassy backyard area, enhancing the property’s appeal to potential tenants. With a total living space of 4,560 square feet on a 10,043 square foot lot, the property features beautiful architecture with colonial revival influence and is included in South Pasadena’s Inventory of Historic Resources. 500 Mound Ave offers true pride of ownership and is a rare gem in a prime location, perfect for investors seeking a stable asset with growth opportunities.

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