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$ 1,750,000
Est. payment | /mo
4 Beds
4 Baths
8,632 Sqft Lot
$ 1,750,000
Est. payment | /mo
4 Beds
4 Baths
8,632 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26212268
Bedrooms 4
Lot Size 8,632 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
708 & 700 N. El Molino Ave - Income Investment and Development Opportunity: Fully remodeled existing 2 UNITS (Single Family Home and ADU) PLUS Building Plans for adjacent lot development for ~1,600 Sq Ft Duplex (2- ~800 Sq Ft Units) located in highly desirable Olive Heights neighborhood of Pasadena. The main single-family home (708 N. El Molino Ave-APN5731010068) offers 3 bedrooms and 3 bathrooms, ~1,061 sq ft of living space with a completely detached fully permitted ADU, 1-bedroom, 1-bathroom ~440 Sq Ft with a full kitchen and living room with its own private address (710 N. El Molino Ave). The adjacent lot (700 N. El Molino Ave-APN 5731010069) is ~3,750 Sq Ft Lot zoned as PSR6 includes building plans and develop package for a Duplex (2- ~800 Sq Ft Units). Combined lot size of 8,632 Sq Ft. Both units have been renovated with the highest level of craftsmanship and attention to detail. Castlewood Oak waterproof plank flooring throughout with custom build baseboards and wall finishings. Kitchen is lined with new cabinetry, countertops, surrounded with designer tile backsplash, and premium stainless-steel appliances. Every bathroom has been tastefully reimagined with porcelain tile, new vanities with white quartz countertops, sleek 12x24 tile shower finishes, and premium fixtures. This property has so many OPTIONS whether youre a homeowner looking to use this property for multi-generational living, Investors looking to utilize as an income producing property, or a hybrid of a homeowner living in one unit and making additional income on the second unit. Key Upgrades & Infrastr
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Corner of Orange Grove and N. El Molino Ave
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 5731010068
Acceptable Financing Cal Vet, Cash, Conventional, FHA
Listing Terms Cal Vet, Cash, Conventional, FHA
Listed by Jason ODonnell, DRE#01804002 O'Donnell Real Estate
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