REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,300,000
Est. payment | /mo
11 Beds
10 Baths
0.3 Acres Lot
$ 2,300,000
Est. payment | /mo
11 Beds
10 Baths
0.3 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-26449
Bedrooms 11
Lot Size 0.296 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
DUAL ASSET property in Garvanza/Highland Park -- 8-unit apartment building (built 1963) + detached 3BR/1.75BA Tudor home (built 1888) on one ~13,000sqft parcel. NOT a traditional 9-unit offering -- the two assets are valued separately (building on multifamily cap rates, house on Garvanza residential comps). OWNER-OCCUPANT PLAY: Live in a proper detached home, not a converted apartment, while 8 apartments generate rental income. Building 100% occupied with meaningful market rent upside. HISTORIC: The detached Tudor is the Olive Percival 'Down-hyl Claim' house -- documented in Highland Park's early artistic community MAJOR CAPEX COMPLETED: electrical panels (2026), copper plumbing (2016), new sewer line (2016), new cement parking lot (2016). Separately metered gas/electric, on-site laundry, 10 on-site parking spaces. Prime Garvanza/Highland Park location -- near South Pasadena, Pasadena, Downtown LA, and the 110 Freeway. Subject to LA Rent Stabilization Ordinance
Location
State CA
County Los Angeles
Zoning Public Rec
Direction 522-524 San Pascual AveLos Angeles, CA 90042
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5493032005
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Ryan Carmichael, DRE#02061389 Taka Realty Inc.
Schools and Properties Nearby
Find out why customers are choosing LPT Realty to meet their real estate needs
Learn More About LPT Realty