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Donnie Bowen

[email protected] +1(949) 290-9754

$ 2,600,000

Est. payment | -/mo

0.3 Acres Lot

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$ 2,600,000

Est. payment | -/mo

Save

0.3 Acres Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-26449

HOA Y/N No

Year Built 1888

Lot Size 0.296 Acres

Property Description

Rare 9-unit residential income property in Garvanza/Highland Park featuring an 8-unit apartment building plus a separate detached 3BR/1.75BA house on one site. The property offers a unique mixed-asset configuration, separately metered gas and electric, on-site laundry, and on-site parking on an approximately 13,000 SF lot. Apartment building built in 1963. House built in 1888.Historic interest: The detached vintage house is associated with Olive Percival, the artist, writer, gardener, and suffrage advocate whose home--known as 'Down-hyl Claim'--was a noted gathering place for artists, writers, and collectors in the Arroyo's early cultural scene, adding a rare layer of character and historical narrative to the property.Capital improvements include upgraded electrical panels in all apartment units (2026), copper plumbing (2016), new sewer line for the house (2016), and new cement parking lot (2016).Located in one of Highland Park's most appealing residential pockets with convenient access to South Pasadena, Pasadena, Downtown Los Angeles, and the 110 Freeway. Strong in-place income with additional upside potential.

Location

State CA

County Los Angeles

Zoning LARD2

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Gas Range, Refrigerator

Laundry Common Area

Exterior

Parking Features Off Street, Paved, One Space, Shared Driveway

Pool None

Community Features Sidewalks

View Y/N No

View None

Total Parking Spaces 10

Private Pool No

Building

Lot Description Sprinklers None

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 5493032005

Energy Description 1980.0

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Trust

Lease Land No

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Ryan Carmichael Taka Realty Inc. (818) 583-7033, DRE #02061389

NEARBY SCHOOL & BUSINESS

+1(949) 290-9754

[email protected]

22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA

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522 San Pascual AVE Los Angeles, CA 90042