423 N Garfield Avenue, Property Listing: MLS® #CV24211539

We are excited to exclusively offer a prime 12-unit multifamily investment opportunity in the heart of Pasadenas coveted Villa Parke neighborhood. Strategically located at 423 N Garfield Avenue, just steps from the 210 Freeway, this property boasts approximately 9,272 square feet of rentable space on a generous 11,875 square foot lot. This exceptional property offers unparalleled potential in Pasadenas vibrant market. This exceptional property offers unparalleled investment potential in Pasadenas vibrant market. With its prime location and strong tenant demand, this asset presents a unique opportunity for significant rental growth. 423 N Garfield Avenue is ideally positioned within walking distance of the eclectic and historic Old Town Pasadena, a cultural hub brimming with over 300 businesses offering diverse shopping, dining, and entertainment options. Additionally, the property is just a mile away from the renowned Pasadena Playhouse District, a premier destination known for its world-class theater, museums, galleries, and upscale eateries. This prime location provides residents with easy access to a wealth of amenities, cultural experiences and top employers. The property features mature lush landscaping, laundry facility, carport and surface street parking. Units features include fully equipped kitchens with gas stoves and appliances, wall air conditioning and heating, wood-like flooring throughout, carpet in bedrooms, ceiling fans and vertical blinds. The city of Pasadena is ideally located within Southern California Offering easy access to the 210, 134, 110, 2 and 5

423 N Garfield Avenue, Property Listing: MLS® #CV24211539 Close
Page Summary
NEW
  • MLS® #: CV24211539
  • 423 N Garfield Avenue
  • , CA 91101
  • $3,100,000
  • 0.27 Acres
  • Office: Cb Richard Ellis

We are excited to exclusively offer a prime 12-unit multifamily investment opportunity in the heart of Pasadenas coveted Villa Parke neighborhood. Strategically located at 423 N Garfield Avenue, just steps from the 210 Freeway, this property boasts approximately 9,272 square feet of rentable space on a generous 11,875 square foot lot. This exceptional property offers unparalleled potential in Pasadenas vibrant market. This exceptional property offers unparalleled investment potential in Pasadenas vibrant market. With its prime location and strong tenant demand, this asset presents a unique opportunity for significant rental growth. 423 N Garfield Avenue is ideally positioned within walking distance of the eclectic and historic Old Town Pasadena, a cultural hub brimming with over 300 businesses offering diverse shopping, dining, and entertainment options. Additionally, the property is just a mile away from the renowned Pasadena Playhouse District, a premier destination known for its world-class theater, museums, galleries, and upscale eateries. This prime location provides residents with easy access to a wealth of amenities, cultural experiences and top employers. The property features mature lush landscaping, laundry facility, carport and surface street parking. Units features include fully equipped kitchens with gas stoves and appliances, wall air conditioning and heating, wood-like flooring throughout, carpet in bedrooms, ceiling fans and vertical blinds. The city of Pasadena is ideally located within Southern California Offering easy access to the 210, 134, 110, 2 and 5

Supplemental Remarks

Essential Information

  • MLS® #CV24211539
  • Listing Price$3,100,000
  • Original Listing Price$3,100,000
  • Date ListedOctober 11th, 2024
  • Days on Market4
  • Bathrooms0.00
  • Acres0.27
  • Lot Sq.Ft.11,875
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$224

Community Information

  • Address423 N Garfield Avenue
  • AreaPASADENA (91101)
  • CountyLos Angeles
  • StateCA
  • Zip Code91101

Amenities

  • PoolN/K

Interior

  • CoolingWall/Window
  • # of Stories2

Exterior

  • Lot DescriptionCurbs, Sidewalks
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Listing information last updated on November 26th, 2024 at 8:23pm PST.