$5,800,000

We are proud to represent this 24-unit property in South Pasadena. The property consists of two separate buildings, both of which were constructed in 1928. The total unit mix consists of (16) 1+1 units and (8) studio units. With a cumulative lot size of 17,515 square feet, the property has a total of 18,224 rentable square feet. The property is situated in South Pasadena, which is a charming community, situated only six miles from downtown Los Angeles. Called the City of Trees, the area is known for its stunning homes, unique small businesses, and top quality schools. South Pasadena’s diverse population of about 25,000 occupies a mere 3.44 square miles of flatlands and hillsides on the west side of the San Gabriel Valley. This small town atmosphere makes South Pasadena one of California's most desirable locations. More than 100 acres of parks and playgrounds blanket its landscape and more than 21,000 trees adorn its streets. The quiet, historic character of its attractive neighborhoods is a testament to the preservationist efforts of residents in protecting both its architectural and natural beauty. The city enjoys a low crime rate and the benefits of a close-knit, participation-oriented community. Small, proud and independent, the City of South Pasadena has battled for a hundred years to preserve its status as a distinct and distinctive community. *Property needs new stucco*