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$ 4,100,000
Est. payment | /mo
6 Beds
7 Baths
8,682 Sqft Lot
$ 4,100,000
Est. payment | /mo
6 Beds
7 Baths
8,682 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26220279
Bedrooms 6
Lot Size 8,682 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to present the unique opportunity to acquire 148 N Mar Vista Avenue, five individually-parceled condos, in the highly coveted city of Pasadena. Situated on a meticulously landscaped 8,682 square foot lot with a total building area of 7,450 square feet, the property was built in 2009 and offers relatively low maintenance, making it highly attractive to long-term investors and buyers seeking the flexibility to sell each unit individually. The five-unit asset sits south of Interstate 210 and a few blocks from Colorado Boulevard, offering convenient access to grocery stores, pharmacies, restaurants, and specialty retail, including Target, Apple Store, Vromans Bookstore, and Urth Caf. Mar Vista Avenue features a unit mix of one 3-bedroom/3-bathroom and four 3-bedroom/3.5-bathroom two-story, townhouse-style residences, with a generous average unit size of 1,496 square feet. Built in 2009, the community is meticulously maintained and offers a well-appointed amenity package designed for comfort and convenience. Interior features include open-concept kitchens with stainless steel appliances and granite countertops, in-unit stackable washers and dryers, primary suites with double vanities, and spacious private patios and balconies. The community provides residents with a gated entry, a courtyard with seating area, lush landscaping, a subterranean parking garage, an elevator, two stairwells, and ample street parking. The propertys location is a significant driver of value, situated within walking distance to Pasadena City College and near Lake Metro Rail Station on the
Location
State CA
County Los Angeles
Zoning Assessor
Direction Merge onto I-210W, Exit Allen Ave, Turn Left on Allen Ave, Turn Right onto E Walnut St, Turn Left onto Mar Vista Ave
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5738014027
Acceptable Financing Cash
Listing Terms Cash
Listed by Eric Chen, DRE#01489184 CB RICHARD ELLIS
NEARBY SCHOOLS & PROPERTIES
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