522-524 San Pascual Avenue, Los Angeles, CA 90042
522-524 San Pascual Avenue, Los Angeles, CA 90042
522-524 San Pascual Avenue, Los Angeles, CA 90042
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Margaret DeLao

Margaret DeLao

+1(858) 229-8016
$2,600,000
Est. payment /mo
11 Beds
10 Baths
0.3 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-26449

Bedrooms 11

Lot Size 0.296 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

DUAL ASSET property in Garvanza/Highland Park -- 8-unit apartment building (built 1963) + detached 3BR/1.75BA Tudor home (built 1888) on one ~13,000sqft parcel. NOT a traditional 9-unit offering -- the two assets are valued separately (building on multifamily cap rates, house on Garvanza residential comps). OWNER-OCCUPANT PLAY: Live in a proper detached home, not a converted apartment, while 8 apartments generate rental income. Building 100% occupied with meaningful market rent upside. HISTORIC: The detached Tudor is the Olive Percival 'Down-hyl Claim' house -- documented in Highland Park's early artistic community MAJOR CAPEX COMPLETED: electrical panels (2026), copper plumbing (2016), new sewer line (2016), new cement parking lot (2016). Separately metered gas/electric, on-site laundry, 10 on-site parking spaces. Prime Garvanza/Highland Park location -- near South Pasadena, Pasadena, Downtown LA, and the 110 Freeway. Subject to LA Rent Stabilization Ordinance

Location

State CA

County Los Angeles

Zoning Public Rec

Direction 522-524 San Pascual AveLos Angeles, CA 90042

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5493032005

Acceptable Financing Conventional

Listing Terms Conventional

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MLS Router / San Diego MLS
Listed by Ryan Carmichael, DRE#02061389 Taka Realty Inc. 

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Margaret DeLao

Margaret DeLao

+1(858) 229-8016

Realtor | License ID: 01377428

Realtor License ID: 01377428

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