1020 Meridian AVE, South Pasadena, CA 91030 - MLS#P1-20278

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Katrina Smith

katrina.smith@pinpointproperties.com +1(949) 209-9004

$1,398,000

Est. payment - /mo

9,474 Sqft Lot

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UPDATED:

01/09/2025 01:09 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-20278

Construction Status Fixer,Repairs Major

HOA Y/N No

Year Built 1901

Lot Size 9,474 Sqft

Property Description

These 3 Bungalow units are in the heart of South Pasadena consisting of a 3 bedroom, 2 bathroom, den/convertible bedroom, living room home, 1,047 sf (M), and 2 - 1 bedroom, 1 bathroom with living room, patio or gated side yard, measuring 559 sf and 608 sf. Great opportunity to live in one unit and enjoy the income from the other units or keep as a long-term investment. Owned by the same family since 1980, these units still maintain some of the original charm and are ready for a refresh. Each unit comes with its own stove and refrigerator and there is shared laundry enclosure with washer and dryer on the exterior of the front building. A large concrete pad provides space for 6 cars, parked tandem off-street. Landlord pays water, trash, and gardener. Tenants pay gas and electric. Gas and Electric are metered separately. There is additional land that may provide space for ADU (buyer to verify). A block from the Metro Station and just yards from the weekly Farmer's Market, shops, restaurants, and library. Offering South Pasadena schools. Property is on the city's historic list. 1020 Meridian (3bd/2ba + bonus room): To be Delivered Vacant at Close of Escrow. 1020 1/2 Meridian: Tenant Occupied. 1020 1/4 Meridian: Tenant Occupied.

Location

State CA

County Los Angeles

Area 658 - So. Pasadena

Building/Complex Name Orange Grove Park

Interior

Interior Features All Bedrooms Down

Heating Floor Furnace, Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Inclusions 1020 - stove, refrigerator, dishwasher1020 1/4 - stove, refrigerator1020 1/2 - stove, refrigeratorCommon area exterior laundry closet - washer/dryer (shared by all 3 units). All personal property is sold in its ''AS IS'' condition.

Fireplace No

Appliance Free-Standing Range, Refrigerator, Dryer, Washer

Laundry Common Area

Exterior

Parking Features Concrete

Fence Needs Repair, Wood

Pool None

Community Features Biking, Curbs, Dog Park, Sidewalks

View Y/N No

View None

Roof Type Composition

Total Parking Spaces 6

Private Pool No

Building

Lot Description Drip Irrigation/Bubblers

Faces West

Story One

Entry Level One

Foundation Raised, Slab

Sewer Public Sewer

Water Public

Architectural Style Bungalow, See Remarks

Level or Stories One

Construction Status Fixer,Repairs Major

Others

Senior Community No

Tax ID 5315006021

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Trust

Lease Land No

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Listed by Sarah Halpin • Markey & Associates

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Katrina Smith

+1(949) 209-9004

Broker | DRE#01915697

Broker DRE#01915697

1020 Meridian AVE South Pasadena, CA 91030

Katrina Smith

Key Details

Location

Interior

Exterior

Building

Others

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1020 Meridian AVE