Real Estate

Historic Income Property Beckons In South Pasadena

A charming 1928 Spanish-style triplex in South Pasadena is part income-property, part trophy property.

SOUTH PASADENA, CA —For buyers looking for an income property, it's hard to beat this charming South Pasadena triplex, featuring three two bedroom units just blocks from the high school.

The units are bright and full of historic architectural details including wrought iron fixtures and hardwood floors. The spacious units boast separate dining rooms and interior laundry rooms. All together, the property features six bedrooms and 3,506 square-feet of living space. Each residence has a single-car garage. The property features a fourth garage and a fifth garage was converted to office space.

  • Address: 1504 Bank St, South Pasadena, California
  • Price: $1,988,000
  • Square Feet: 3506
  • Bedrooms: 6
  • Bathrooms: 3 Baths
  • Built: 1928
  • Features: Location, Location, Location coupled with great architectural integrity and pride of ownership condition makes this tri-plex a Trophy property for the sophisticated investor. Three well maintained 2 bedrm units located in the heart of So. Pasadena a block away from the High School. The exceptional units offer hardwood floors in the main living areas, light-filled kitchens, stoves and refrig. are included, formal dining rooms in two of the units, and a full bath (separate tub and shower in two of the units)., and interior laundry rooms. The front building affords a single level upper and lower with approx.. 1350 s.f. each. These generous-sized residences include a separate formal dining room, separate breakfast room, and a laundry room with washer & dryer. Both of these units provide front and rear access. The rear building is a 2 bedroom single level over a 5 car garage. This freestanding residence is approx.. 800 s.f. and has a large breakfast area and separate laundry rm/washer & dryer. Each residence has a single car garage. There is a 4th garage plus an office that was built-out from the 5th garage. The wonderful curb appeal is graced by lush mature landscaping. Truly a great opportunity for multi-generational usage.

This listing originally appeared on realtor.com. For more information and photos, click here.

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