Homes for sale - 383 S El Molino AVE, Pasadena, CA 91101

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David Burchell

Real Broker LLC

david@burchellhometeam.com +1(559) 234-2579

$1,688,000

Est. payment - /mo

4 Beds

3 Baths

2,131 SqFt

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UPDATED:

01/17/2025 03:34 AM

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,131 sqft

Price per Sqft $792

MLS Listing ID 24472869

Bedrooms 4

HOA Y/N No

Year Built 1951

Lot Size 5,889 Sqft

Property Description

TRIPLEX IN EXCELLENT LOCATION! Tucked away on the corner of S. El Molino Ave. and the small side street Palm View Place, sits this fantastic triplex with so much to offer a new owner. Just a few blocks and short walk to South Lake Ave. and Trader Joe's make these excellent rentals or an owner user opportunity. There is one 2 Bed + 1 bath unit, approx. 900 SF +/- and two 1 Bed + 1 bath units, approx. 600 SF +/- each, (Buyer to independently verify square footages). Two units have been completely remodeled and offer wood flooring, recessed lighting, updated kitchens and bathrooms including cabinets/appliances and newer central AC and heat. The building features updated plumbing and electrical, a pitched roof that is in great condition and enclosed garages for three cars in addition to open parking on the driveway. A big value add play is the possibility to convert the garages to an ADU fourth unit, Buyer to verify with city. Each unit has its own water heater and they are separately metered for gas and electricity. The property is subject to local Pasadena rent control, so buyers are encouraged to verify and familiarize with local laws. PLEASE DO NOT DISTURB THE TENANTS. DRIVE-BY ONLY.

Location

State CA

County Los Angeles

Area 648 - Pasadena (Se)

Zoning PSR3

Interior

Heating Central, Wall Furnace

Cooling Central Air

Fireplace No

Appliance Dishwasher, Refrigerator, Dryer, Washer

Exterior

Parking Features Door-Multi, Driveway, Garage

Attached Garage Yes

Total Parking Spaces 6

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5734017014

Special Listing Condition Standard

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Listed by Alexander Metaxas • Realty Investment Advisors, Inc.

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David Burchell

+1(559) 234-2579

Team Leader & Realtor | License ID: #02033130

Team Leader & Realtor License ID: #02033130

383 S El Molino AVE Pasadena, CA 91101

David Burchell

Key Details

Location

Interior

Exterior

Building

Others

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