CA > Pasadena
Pasadena, CA 91101,482 S El Molino Ave
Pasadena, CA 91101,482 S El Molino Ave
Pasadena, CA 91101,482 S El Molino Ave
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Ron Taibi

Ron Taibi

+1(661) 212-1135
$3,100,000
Est. payment /mo
12 Beds
10 Baths
8,162 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,162 sqft

Price per Sqft $379

MLS Listing ID 25560529

Bedrooms 12

Year Built 1962

Lot Size 0.336 Acres

Acres 0.3331

Property Sub-Type Multi-Family

Property Description

First time on the market in over 50 years, it is with great pleasure to present this 8-unit multifamily property in one of the best areas of Pasadena. This investment offers a stable return and appreciation fueled by this high rental demand location at just a 10-minute walk to Erewhon, Trader Joe's and the prime corridor of South Lake Ave. With a large building size of 8,162 SF the subject property offers spacious units featuring a strong unit mix of: TWO 2 Bed + 2 bath units, TWO 2 Bed + 1 bath units and FOUR 1 Bed + 1 bath units. The garden style layout offers charm and privacy with most units having patios or balconies. The two-bedroom units feature central HVAC systems and all units have individual water heaters and separately metered for gas and electricity. Major capital improvements include a full roof replacement in 2022, the plumbing has been updated and granite counters with built-in stoves and ovens. Situated on a large 14,617 SF lot, there are 8 covered parking spaces with 3 more uncovered spaces along with storage sheds that can provide some additional rental income. A community laundry room currently has two, landlord owned, coin operated machines and can accommodate two additional machines to increase laundry operations. All balconies have been inspected per state ordinances. Units are subject to Pasadena local rent control laws. PLEASE DO NOT DISTURB THE TENANTS. DRIVE-BY ONLY.

Location

State CA

County Los Angeles

Area Pasadena Se

Zoning PSR4

Rooms

Other Rooms None

Kitchen Granite Counters

Interior

Heating Electric

Cooling Central

Equipment Range/Oven

Laundry Community

Exterior

Parking Features Carport Detached

Garage Spaces 11.0

Pool None

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Realty Investment Advisors, Inc.

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agent

Ron Taibi

+1(661) 212-1135

Agent | License ID: 01240158

Agent License ID: 01240158

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