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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$3,088,000

Est. payment - /mo

10,737 Sqft Lot

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-23661

HOA Y/N No

Year Built 1928

Lot Size 10,737 Sqft

Property Description

A rare and distinguished investment offering, this (5) five-unit property is nestled in one of Pasadena's most coveted and prestigious neighborhoods--just moments from the refined South Lake Shopping District, historic Old Town Pasadena, Caltech, and PCC. Encompassing 4,668 sq ft of thoughtfully curated residential and commercial space on an expansive 10,736 sq ft lot, the property blends timeless elegance with exceptional convenience, boasting seamless access to the 110 and 210 freeways and premier public transit. The offering includes a luxury commercial salon at 610 South Lake Avenue and a beautifully maintained four-unit residential building at 612-618 South Lake Avenue Anchoring the residence is a sophisticated 1,800 +-sq ft owner's unit, featuring three spacious bedrooms, two well-appointed bathrooms, an inviting living room with a stately fireplace, and a formal dining room perfect for entertaining. Two stylish 1-bedroom, 1-bath apartments and a sleek studio further elevate the living experience. For added value, three private garages leased with an additional nine parking spaces provide consistent income and convenience. Framed by lush, manicured landscaping and enjoying full occupancy with historically minimal vacancies, this turnkey property represents a rare blend of luxury, stability, and investment potential in one of Pasadena's most exclusive enclaves.

Location

State CA

County Los Angeles

Area 647 - Pasadena (Sw)

Interior

Fireplace Yes

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

Fence None

Pool None

Community Features Biking

View Y/N No

View None

Total Parking Spaces 13

Private Pool No

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Energy Description 900.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Constandinos Vagenas Goldstone Group

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610 618 S Lake AVE Pasadena, CA 91106