524 San Pascual Avenue, Los Angeles, CA 90042
List Price: $2.6M
Listing Status: Active
0Days on Market: 29
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1888
Lot Size: 12,900 sq ft
Private Pool: Yes
MLS Number: P1-26449
About This Property
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
Listing provided by: Ryan Carmichael DRE #02061389 (626) 838-1200 ryan@takarealty.com, Taka Realty Inc.
Source: CRMLS, MLS #: P1-26449
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.