Sold
531 Prescott Street
Pasadena CA, 91104
$1,400,000
$158.16 per sqft
Sold
8,852 sqft
Residential
Built in 1914
Listed by KEVIN HURLEY with PASADENA MARKET CENTER 626-204-3456
Located in a historic area, surrounded by majestic trees and mature greenery, this unique investment opportunity provides a turn-key operation. The property is currently licensed as an independent living facility for the visually impaired. New use to be determined by new ownership and approved by the city. This 18-room facility features a main-residence with a common kitchen, commercial dishwasher, a walk-in pantry, refrigerator, and a commercial walk-in freezer. Also featured: common area/recreational living room, a separate dining room, and additional suites with baths perfect for on-site attendant.
Individual rooms are approximately 250 square feet and feature large walk-in closets, full size bath for upstairs units, 3/4 baths for downstairs units. Each unit is outfitted with intercoms, wall A/C, radiant heat, and a fire sprinkler system. The property is also equipped with an elevator lift, a laundry room with two washers and two dryers (owned by the building), and two courtyard sitting areas. Residents of the subject property benefit from its close proximity to public transportation, shopping hubs, and diverse public-use facilities.
Seller is a non-profit organization and will be selling the property in an "as-is, where-is" condition.
WS14114386
MLSⓇ ID
March 18, 2024
Updated
Map
531 Prescott Street
Pasadena CA, 91104
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.33 Acres
Other Property Details
Area Name
646 - Pasadena (NE)
Days on Market
72
Garage
No
Parking Total
10
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Listing Contact: 626-204-3300
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/18/2024. 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.
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Data last updated on 3/18/2024 at 5:45 PM UTC