South Pasadena, CA 91030,1722 1728 Meridian AVE
South Pasadena, CA 91030,1722 1728 Meridian AVE
South Pasadena, CA 91030,1722 1728 Meridian AVE
South Pasadena, CA 91030,1722 1728 Meridian AVE
South Pasadena, CA 91030,1722 1728 Meridian AVE
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$7,225,000

$6,250,000

15.6%
Est.Price: ?

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Est. payment /mo

0.77 Acres Lot


SOLD DATE : 08/27/2021

Key Details

Sold Price $7,225,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS21141761

Sold Date 08/27/21

HOA Y/N No

Year Built 1955

Lot Size 0.770 Acres

Property Description

Meridian Terrace Apartments is a one-of-a-kind, sixteen-unit, trophy multifamily investment property located in prime South Pasadena is comprised of one three bedroom, two bathroom single family residence; a thirteen-unit apartment complex consisting of twelve, two bedroom, one bathroom units and one, three bedroom, two bath custom penthouse apartment; and finally one duplex with two, two bedroom one bathroom apartment units. 1722 Meridian Avenue - Single family residence (3 x 2) has been completely renovated from floor to ceiling with custom recessed lighting, quartz kitchen/bathroom counters, gas living room fireplace, central air/heat, new stainless steel appliances, including gas washer and dryer hookups. There is an outside patio and rear yard. Building also has a pitched composition shingled roof. 1724 Meridian Avenue - This three-story, wood frame, multifamily apartment building was custom built by the original owner with style and comfort in mind. Approximately seven of the two-bedroom, one bath units have been upgraded. Units 1724 A, B, C, and E have large yards. Each additional unit has either a patio, balcony or both. Tenants also benefit from a common area laundry room. The custom penthouse apartment boasts spectacular views from its two large patio decks. This luxurious 2,000 plus square foot penthouse has a private elevator and has been renovated with custom flooring, lighting, gas living room/dining room fireplace, kitchen/bath quartz counters, stainless steel appliances including gas washer and dryer hookups. Building also has a slightly pitched, rolled composition shingled roof. 1728-1730 Meridian Avenue - This charming one-story over garages, wood frame duplex has also been renovated with a gas living room fireplace in each of the units. There are original wood floors and gas washer and dryer hookups. Each unit has a one car garage and one additional open parking space in the front driveway. There is also a shared, well-groomed front yard. Building also has a pitched composition shingled roof. **1722 Meridian Avenue - Part of the SFR garage has been converted into a bathroom without benefit of permit. Buyer to verify information to their satisfaction. ** Modifications may have been made to the SFR and duplex without permits. DRIVE BY ONLY. DO NOT DISTURB TENANTS. **COURT CONFIRMATION SALE WITH OVERBIDS**

Location

State CA

County Los Angeles

Area 658 - So. Pasadena

Zoning SPR310000*

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Detached Carport, Garage, Tandem, Uncovered

Garage Spaces 2.0

Carport Spaces 14

Garage Description 2.0

Pool None

Community Features Curbs

Total Parking Spaces 21

Private Pool No

Building

Lot Description Sloped Up, Yard

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5319033025

Energy Description 946.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash

Special Listing Condition Trust

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California Regional MLS (CRMLS)
Listed by KEVIN LUTZ • PASADENA MARKET CENTER
Bought with KEVIN LUTZ • PASADENA MARKET CENTER
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