Address
437 N Chester Avenue Pasadena, CA
Price
$ 5,750,000
Property Attributes
  • MLS#PW21015797
  • TypeIncome
  • CountyLOS ANGELES
  • CityPasadena
  • Zip91106
  • Style
  • Price$ 5,750,000
  • Bedrooms17
  • Full Bathrooms17
  • Half Bathrooms0
  • Lot Size0.34 Acres
Listing Provided Courtesy Of:
Doug Rodermund with Morgan Skenderian.
Data Source:
CRMLS
Property Description

437 N. Chester Avenue is located in the city of Pasadena, a city located northeast of Downtown Los Angeles. Pasadena is known for its historic Old Town, its bustling downtown, and its iconic Rose Bowl, home of the world-famous Rose Bowl Game. Pasadena is ideally located near the 210, 134, & 110 Freeways offering residents easy access to all parts of Los Angeles County. This investment opportunity at 437 N. Chester Avenue is composed of (1) non-conforming studio, (8) one-bedroom/one-bathroom units & (8) two-bedroom/ two-bathroom units. Tenants enjoy amenities such as subterranean garage parking, patios & balconies, and on-site laundry. Located near all the best parts of Pasadena and offering considerable upside potential, 437 N. Chester Avenue is a truly excellent investment opportunity. *For Sale by Original Owner/Developer, *Excellent Mix of 1 & 2-Bedroom Units with Large Floorplans, *1989 Constructions, *Ideal Location Near Old Pasadena, Downtown, Pasadena City College & Rose Bowl, *New Pitched Roof, * Tremendous Upside in Rents

Price History
1/25/2021 Listed $5,750,000

General Features

Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks
Garage Spaces 26
Garage Y/N Yes
MLS Area 699 - Not Defined
Pool Features None
Property Type Residential Income
Sewer Public Sewer
Terms Cash, Cash to New Loan
Total Units 17
Zoning PSR4

Interior Features

Common Walls No Common Walls
Laundry Features Common Area

Exterior Features

Lot Features 16-20 Units/Acre
Lot Size Acres 0.34
Lot Size Area 15011
Lot Size Source Assessor
Lot Size Square Feet 15011
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 18
Number of Separate Gas Meters 18
Number of Separate Water Meters 1
Total Parking 26
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91106

Price
AVG $2.12M
$5.75M
Visits
AVG 99
61
Year Built
AVG 1935
1989
Walkscore
AVG 82
68
Data Provided by Walkscore ® not using MLS data

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