1411 Fair Oaks Avenue, South Pasadena

$2,395,000

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6 Beds
5 Baths
.19 Acre
0 Garage

Discover the charm and potential of this stunning 5-unit Spanish style residential income property in the heart of South Pasadena. Boasting with classic architectural details, each unit offers a blend of old-world elegance and modern convenience. The property features two 2-bedroom and 1-bathrooms units and three 1-bedroom and 1-bathroom units. Interior details such as arched doorways, built-ins and hardwood flooring provide a timeless and inviting atmosphere. Each unit is provided with an assigned parking space and access to an on-site laundry room in addition to private balconies and patios. The two units in the front of the property have the added convenience of washer dryer hookups inside the unit. The property has been thoughtfully updated throughout the years including newly installed roofing, updated electrical and fresh exterior paint. Ideal for investors and owner-occupiers alike, this income property presents a rare opportunity to own a piece of South Pasadena's rich history while generating steady rental income. With its convenient location near Mission Street shops and dining, Bristol Farms, Garfield Park, and local Elementary, Middle and High school, tenants will enjoy the best of what the area has to offer.

Essential Information

MLS® #
P1-16499
Price
$2,395,000
Bedrooms
6
Bathrooms
5.00
Acres
0.19
Year Built
1921
Type
Residential Income
Sub-Type
Apartment
Style
Traditional, Spanish
Status
Active

Community Information

Address
1411 Fair Oaks Avenue
Area
658 - So. Pasadena
Subdivision
Not Applicable
City
South Pasadena
County
Los Angeles
Zip Code
91030
Senior Community
N

Community Features

Gutter(s), Storm Drain(s), Street Lights

Amenities

Parking Spaces
5
View
None
Pool
None

Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Overhead Utilities

Parking

Concrete, Garage, On Site, Assigned, Carport, Door-Multi, Driveway Level, One Space, See Remarks, Side By Side

Garages

Concrete, Garage, On Site, Assigned, Carport, Door-Multi, Driveway Level, One Space, See Remarks, Side By Side

Interior

Interior
Tile, Wood, Vinyl
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
Fireplace
Yes
Fireplaces
See Remarks
# of Stories
1
Stories
Two

Interior Features

Ceiling Fan(s), Crown Molding, Storage, All Bedrooms Up, All Bedrooms Down, Bedroom on Main Level

Appliances

Free-Standing Range, Gas Range, Refrigerator, Water Heater, Electric Range, Gas Oven, Gas Water Heater

Exterior

Exterior
Stucco, Frame, Plaster
Exterior Features
Lighting, Rain Gutters
Construction
Stucco, Frame, Plaster

Lot Description

Front Yard, Lawn, Rectangular Lot, Agricultural, Near Public Transit, Sprinklers In Front, Sprinklers Timer, Trees

Roof

Composition, Rolled/Hot Mop, Spanish Tile

Foundation

Slab, Concrete Perimeter, Pillar/Post/Pier, Raised

Additional Information

Date Listed
January 30th, 2024
Days on Market
95
Zoning
R3

Listing Details

Agent
Jim Rock
Office
COMPASS

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Based on information from California Regional Multiple Listing Service, Inc. as of May 19th, 2024 at 3:10am PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.