This well maintained four-unit income property presents a rare opportunity for 1031 exchange buyers and long-term investors, seeking stable cash flow, future appreciation, and exceptional upside potential in South Pasadena's desirable neighborhoods. The detached 4-cars garages are currently un-leased, offering flexibility for additional rental income, storage opportunities, or potential ADU conversion. Preliminary 2 ADU plans that are 2 bedrooms 2 bathrooms each, will be included, giving buyers a valuable head start towards maximizing future cash flow. The recent capital improvements include: sewer line relining [pipeliner], and seismic retrofitting, additionally two water heaters had been recently replaced, contributing to the properties overall value and maintenance appeal. This charming property, blend timeless character, strong rental demand and exciting future development possibilities. Three of the four units feature in-unit washer and dryer hook ups, enhance convenience and tenant's appeal. Each unit offers a bright and air atmosphere with many natural light. Open concept living and dining areas, cozy fireplaces, spacious bedrooms, generous closet spaces. Each unit has rear door access leading to backyard. Ready-unit has been tastefully updated with brand new luxury water resistant wide-plank flooring and brand new hardwares. More amenities: Downtown Los Angeles, Fair Oaks retails and the Metro Gold-Line Station.
Multi-familyProperty Type
1946Year Built
8,120 sq ftLot Size
$740Price/Sq.Ft.
4 garage spacesParking
Listed by Rosi Ueng•DRE #01348042• Treelane Realty Group Inc.
Contact: 626-589-6852
Bought with Norma Mardelli•DRE #01477249• Coldwell Banker Realty
The RH zoning district is intended for areas appropriate for high density attached dwelling units, including courtyard housing, townhouses, condominiums, and apartments. The allowable residential density ranges from 30.1 to 45 dwelling units per acre. Up to 70 dwelling units per acre are allowed for properties located within the Housing Opportunity (HO) Overlay District. The RH zoning district is consistent with the High Density Neighborhood land use designation of the General Plan.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Property details
Parking
Parking / Garage Information
Uncovered Spaces: 4
# of Garage Spaces: 4
Assigned
Has Parking
# of Parking Spaces: 8
Interior
Laundry Information
Has Laundry
Inside, In Kitchen
Kitchen Information
Appliances: Gas Water Heater, Gas Range, Gas Oven, Dishwasher
Has Appliances
Cooling Information
Central
Has Cooling
Room Information
Kitchen, Living Room
Fireplace Information
Living Room
Has Fireplace
Flooring Information
See Remarks
Heating Information
Central Furnace
Has Heating
Interior Features
Entry Level: 1
Entry Location: Front door
Open Floor Plan
Levels: Two
Window Features: Wood Frame Windows
Unit Type 1 Information
Unit Key Numeric: 436181796
Listing Key Numeric: 436181764
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
Furnished: Unfurnished
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 436181797
Listing Key Numeric: 436181764
Actual Rent: $2,100
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 1
Total Rent: $25,200
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 436181764
Unit Key Numeric: 436181798
Actual Rent: $2,400
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $28,800
Total # of Units: 1
Unit Type 4 Information
Listing Key Numeric: 436181764
Unit Key Numeric: 436181799
Actual Rent: $2,450
Total # of Baths: 1
# of Baths Full: 1
# of Baths Three Quarter: 0
# of Baths Half: 0
# of Baths One Quarter: 0
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $29,400
Total # of Units: 1
Expenses
Trash: $1,600
Total: $8,344
Insurance: $2,784
Water Sewer: $2,400
Gardener: $1,560
Multi-Unit Information
Other Income Description: Garage spaces are not leased.
# of Units With Refrigerator: 4
# of Units With Range: 4
# of Units With Dishwasher: 4
Net Operating Income: $72,554
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 3,006
Gross Scheduled Income: $83,400
Gross Income: $83,400
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 4
# Of Separate Electric Meters: 4
# Of Buildings: 1
Operating Expense Percent: $3
Exterior
Exterior Information
Roof: Flat Roof
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Front Yard, Garden
Property Information
Total # of Units: 4
Common Walls: No Common Walls
Parcel Number: 5317027005
Total # of Stories: 2
Year Built Source: Assessor
Property ADU: No
Financial
Assesments Information
Assessments: Buyer to Verify
Lease / Rental Details
Operating Expense: $2,502
Tenant Pays: Gas, Electricity
Utilities
Utilities Information
Sewer: Public Sewer
Water Available, Sewer Connected, Water Connected
Water Source: District/Public
Location
Neighborhood Information
Community Features: Street Lighting
Location Information
Latitude: 34.12418700
Longitude: -118.14818700
Directions: East of Fair Oak Ave.
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 3,006
Stories: —
Lot Size: 8,120 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1946
Year Renovated: 1946
County: Los Angeles County
APN: 5317027005
Home facts updated by county records on Sep 9, 2026
Other
Listing Information
IDX Contact Info: 626-589-6852
Days Active in MLS: 46
Continuous Days Active in MLS: 46
Listing Agent Information
List Agent First Name: Rosi
List Agent Last Name: Ueng
Listing Office Information
List Office Name: Treelane Realty Group Inc.
Selling Agent Information
Buyer Agent First Name: Norma
Buyer Agent Last Name: Mardelli
Selling Office Information
Buyer Office Name: Coldwell Banker Realty
Around this home
Schools
Marengo Elementary School
Public K-5 • Assigned • 1.0mi
10/10
South Pasadena Middle School
Public 6-8 • Assigned • 1.1mi
10/10
South Pasadena Senior High School
Public 9-12 • Assigned • 1.1mi
10/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 97° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
10 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
South Pasadena, CA • 91030
Average low and high temperatures (°F)
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71
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69
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Sun exposure
86/ 100
Very good sunlight
Sunscore
This home ranks in the top 11% for direct sun exposure in South Pasadena. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.