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1020 Meridian AVE South Pasadena, CA 91030
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Key Details
Sold Price $1,850,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-20278
Sold Date 02/27/25
Construction Status Fixer,Repairs Major
HOA Y/N No
Year Built 1901
Lot Size 9,474 Sqft
Property Sub-Type Triplex
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
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
Financing Cash to Loan
Special Listing Condition Trust
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Bought with Rainbow Yuen • Remax Dream Properties
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Chrystal & David Schoenbrun
Realtor/Broker Associate | License ID: 01409474 & 01761327