Active

383 S El Molino Avenue

Pasadena CA, 91101

$1,688,000


$792.12 per sqft

Active

4 Beds

3 Baths

2,131 sqft

Residential

Built in 1951

Listed by Alexander Metaxas with Realty Investment Advisors, Inc. 626-313-4901

TRIPLEX IN EXCELLENT LOCATION! Tucked away on the corner of S. El Molino Ave. and the small side street Palm View Place, sits this fantastic triplex with so much to offer a new owner. Just a few blocks and short walk to South Lake Ave. and Trader Joe's make these excellent rentals or an owner user opportunity. There is one 2 Bed + 1 bath unit, approx. 900 SF +/- and two 1 Bed + 1 bath units, approx. 600 SF +/- each, (Buyer to independently verify square footages). Two units have been completely remodeled and offer wood flooring, recessed lighting, updated kitchens and bathrooms including cabinets/appliances and newer central AC and heat. The building features updated plumbing and electrical, a pitched roof that is in great condition and enclosed garages for three cars in addition to open parking on the driveway. A big value add play is the possibility to convert the garages to an ADU fourth unit, Buyer to verify with city. Each unit has its own water heater and they are separately metered for gas and electricity. The property is subject to local Pasadena rent control, so buyers are encouraged to verify and familiarize with local laws. PLEASE DO NOT DISTURB THE TENANTS. DRIVE-BY ONLY.

24472869

MLS ID

December 17, 2024

Listed

December 25, 2024

Updated

Map

383 S El Molino Avenue
Pasadena CA, 91101

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

3


Appliances

Dishwasher, Refrigerator, Dryer, Washer


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Wall Furnace

Exterior/Building Features

Lot Size

0.14 Acres

Other Property Details

Area Name

648 - Pasadena (SE)


Days on Market

8


Garage

Yes


Parking

Door-Multi, Driveway, Garage


Parking Total

6


View

No


County

Los Angeles


Pool

No


Zoning

PSR3

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/25/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/25/2024 at 1:27 PM UTC

 

Powered byLuxury Presence