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.

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

Data last updated on 3/18/2024 at 5:45 PM UTC

 

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