Description
409 N Mar Vista Ave, a value-add Triplex (3 unit) apartment community in the City of Pasadena. First time ever offered for sale since 1998 (26 years), the property offers desirable single story bungalow layout and consists of a single story SFR, and single-story duplex on the same lot. The property offers a strategic location near Old Town Pasadena, and Rose Bowl. This offering provides an excellent opportunity for a first-time apartment investor or even an owner-user to put their personal touch in a building w/ character and add value in the process. Property is FULLY occupied with tenants, and will be delivered with tenants in place (SEE AGENT REMARK).The property was built in 1928, has a total of 2,389 SF building size and situated on a large 11,038 SF R4 zoned lot. It offers an excellent unit mix of front house 2bedroom + 1bathroom, and a detached back duplex that consists of two (2) x 1bedroom+1bathroom units. Each building has a large private backyard and an attached garage (ideal for ADU conversion). It offers ease of maintenance and high demand due to its location and layout. Each unit is unique with plenty of charm and characters, the front house #409 and back unit #411-1/2 have arched ceiling in the living room, front house has central HVAC unit, each unit has original hardwood floor, dining area, laundry hookups, large private backyard, and so much more.The property offers ample parking with a total of 6 spaces provided by 2 attached garages which are primed for ADUs conversions, and 4 open spaces. The property has a shared gate and driveway with the next-door property (413) and the parking gate is powered by next door property.Make sure to see agent remark.
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0BEDS
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0.25ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
409 N Mar Vista Ave, a value-add Triplex (3 unit) apartment community in the City of Pasadena. First time ever offered for sale since 1998 (26 years), the property offers desirable single story bungalow layout and consists of a single story SFR, and single-story duplex on the same lot. The property offers a strategic location near Old Town Pasadena, and Rose Bowl. This offering provides an excellent opportunity for a first-time apartment investor or even an owner-user to put their personal touch in a building w/ character and add value in the process. Property is FULLY occupied with tenants, and will be delivered with tenants in place (SEE AGENT REMARK).The property was built in 1928, has a total of 2,389 SF building size and situated on a large 11,038 SF R4 zoned lot. It offers an excellent unit mix of front house 2bedroom + 1bathroom, and a detached back duplex that consists of two (2) x 1bedroom+1bathroom units. Each building has a large private backyard and an attached garage (ideal for ADU conversion). It offers ease of maintenance and high demand due to its location and layout. Each unit is unique with plenty of charm and characters, the front house #409 and back unit #411-1/2 have arched ceiling in the living room, front house has central HVAC unit, each unit has original hardwood floor, dining area, laundry hookups, large private backyard, and so much more.The property offers ample parking with a total of 6 spaces provided by 2 attached garages which are primed for ADUs conversions, and 4 open spaces. The property has a shared gate and driveway with the next-door property (413) and the parking gate is powered by next door property.Make sure to see agent remark.
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-17T00:30:05.24. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.