471 Prescott St Pasadena, CA 91104-5702
- Apartment buildings
- 3,660 SF
- 0.22 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 471 Prescott St
- Year built
- 1908
- Construction
- WOOD
- Lot size
- 0.22 lot acres
- Property size
- 3,660 SF
- Zone code
- PSR3
- Property type
- Apartment buildings
- APN
- 5730-001-009
- APU
- 5730001009
Description
This exceptional investment opportunity presents a five-unit multi-family property situated at 471 Prescott Street in Pasadena, California. The property boasts a substantial 0.22-acre lot and a total of 3,600 square feet of living space. The main structure is a charming three-bedroom, one-bathroom craftsman-style home, featuring a beamed living room, formal dining room with plate rail, a kitchen with built-in china cabinet, breakfast room, laundry room, and a bonus room with its own separate entrance. This front house is beautifully maintained and retains significant character. The rear of the property comprises four additional rental units, all currently occupied by long-term tenants. One building houses a two-bedroom unit downstairs and a one-bedroom unit upstairs, which includes an enclosed porch currently used as an additional bedroom. A separate building contains two one-bedroom units, one on each floor. All four rear units are in good condition. The property is located on a desirable street known for its craftsman-style homes and is situated within a beautiful neighborhood. This property offers a compelling blend of residential charm and strong rental income potential, making it an ideal addition to any investment portfolio. The asking price is $1,050,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pasadena
- County
- Los Angeles
- State
- California
- Longitude
- -118.141
- Latitude
- 34.168
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
