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Keller Williams
508 San Pascual Avenue, Los Angeles, CA 90042
- $4,400,000
- Sold Price
- $4,400,000
- List Price
- $4,700,000
- Status
- CLOSED
- Days on Market
- 73
- Closing Date
- Feb 04, 2026
- MLS#
- P1-24757
- Subtype
- Commercial Sale
- Year Built
- 1986
- MLS Area Major
- Highland Park (632)
Property Description
Prime Highland Park 16-Unit Apartment Building with Exceptional ReturnsBuilt in 1986 and offering strong in-place income with clear upside, this 16-unit property presents an excellent opportunity for investors seeking a stabilized asset in a high-demand rental market.The building totals approximately 14,878 square feet on a 22,500-square-foot lot with 27 gated parking spaces. The property is turnkey, featuring two on-site laundry rooms, storage space, two private yards, and a swimming pool.Located in Highland Park, bordering Pasadena and South Pasadena, this asset is near the best shops, cafes, and restaurants along Figueroa and York Blvd., with a park just down the street. A rare, stabilized investment offering both steady performance and long-term growth potential.
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Additional Information
- Heating
- None
- Air Conditioning
- Yes
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Listing courtesy of Listing Agent: Katherine Vargas (kathy@sundanceestateproperties.com) from Listing Office: Katherine Vargas.
Selling Office: Katherine Vargas.Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.