Sold

Closed

714 Prospect Avenue

South Pasadena CA, 91030

$4,450,000


$458.57 per sqft

Sold

Closed

9,704 sqft

Condo

Built in 1963

Listed by Han Chen with Growth Investment Group Pasade 626-594-4900

714 Prospect Ave, a pride-of-ownership 10-unit apartment in one of the best locations in the City of South Pasadena, California. The property offers a superb location on Prospect Ave in the Mission Street Downtown District, and within walking distance to almost all the amenities city of South Pasadena has to offer. The property has been in the same ownership for more than 30 years and this is the first time it has been offered for sale.

It offers an exceptional location on a quiet and mature residential street on Prospect Ave and crossing Mission Street where most of the retail stores are located. A block from Metro Gold Line Station on Meridian St, and from weekly South Pasadena Farmers Market, and within walking distance all these amenities and restaurants: South Pasadena City Hall & Police Department, Trader's Joe, Nicole's Market & Cafe, Fair Oaks Pharmacy, Mike & Anne's Restaurant, Jones Coffee, South Pasadena Historical Museum, and so much more. It has a Walk Score 89 out of 100. It is also located within the South Pasadena School District with its superb demographics and an average household income of +-$140,474 within a mile radius.

The property offers a pride of ownership and an excellent curb appeal atmosphere. It is a two-story garden style apartment that was built in 1963 with beautiful landscaping. It has a total of 9,704 SF total building and situated on a +-11,994 square feet lot. Ownership have completed many important upgrades including NEW roof in 2020, copper plumbing (buyer to verify), new artificial turf in 2020, 4 new A/C units. It has a shared laundry room (seller own machines) and is separately metered for electricity and gas with individual water heater in each unit. Parking is provided by 15 carport spaces in the back.

The property offers an excellent unit mix of four (4) spacious 2bed+1-3/4bath and six (6) large 1bed+1bath units. Each unit has central A/C and heating and individual water heater (4 units have new A/C). Approximately 8 units have been upgraded with modern upgrades such as new luxury vinyl flooring, new kitchen with quartz/granite countertops + dishwasher and stainless-steel appliances, and new bathroom. Each unit has private patio/balcony. All units are large with plenty of natural light.

The property is situated in Mission Street Downtown District, on a quiet Prospect Ave and within walking distance to Mission St, Fair Oaks Avenue Retail District, restaurants, shopping, city hall, etc.

AR23019187

MLS ID

February 3, 2023

Listed

July 14, 2024

Updated

Map

714 Prospect Avenue
South Pasadena CA, 91030

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.28 Acres


Lot Features

Near Public Transit, Rectangular Lot, Street Level


Sewer

Public Sewer

Other Property Details

Area Name

658 - So. Pasadena


Days on Market

46


Garage

No


Parking

Carport


Parking Total

15


View

No


View Description

None


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

SPR210000*

Listing History

Date

Event

Price

5/16/2023

Price Change

$4,450,000

-4%

5/16/2023

Sold

$4,450,000

Listing Contact: 626-594-4900 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 7/14/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 7/14/2024 at 4:24 AM UTC

 

Powered byLuxury Presence