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$ 1,975,000
Est. payment /mo
New
626 Brent AVE South Pasadena, CA 91030
8 Beds
4 Baths
3,584 SqFt
UPDATED:
03/14/2025 04:56 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,584 sqft
Price per Sqft $551
MLS Listing ID 25511649
Bedrooms 8
HOA Y/N No
Year Built 1947
Lot Size 8,272 Sqft
Property Description
Private Property. Tours by Appointment Only. Do Not Disturb Tenants. 100% Occupied. SELLER FINANCING MAY BE AVAILABLE TO QUALIFIED BUYERS; TERMS NEGOTIABLE. Nestled in the vibrant heart of South Pasadena, 626 Brent Ave offers a rare and highly desirable multifamily investment opportunity. Built in 1947, this well-maintained woodPrivate Property. Tours by Appointment Only. Do Not Disturb Tenants. 100% Occupied. SELLER FINANCING MAY BE AVAILABLE TO QUALIFIED BUYERS; TERMS NEGOTIABLE. Located in South Pasadena, 626 Brent Ave offers a prime multifamily investment built in 1947. The property features four 2-bedroom, 1-bathroom units, each around 900 square feet, and is currently fully occupied. This provides immediate rental income and stability. Priced attractively per unit and square foot, it's ideal for savvy investors.For owner-investors, you can live in one unit while renting out the other three to cover mortgage costs. South Pasadena boasts award-winning schools with a student-teacher ratio of 24:1 and offers access to top education at California Institute of Technology (Cal Tech), just 3.7 miles away.-frame property features four spacious 2-bedroom, 1-bathroom units, each approximately 900 square feet. Designed with both comfort and functionality in mind, the property is currently 100% occupied, providing immediate rental income and stability for savvy investors. Offered at an attractive price per unit and price per square foot, 626 Brent Ave stands out as a premier investment in South Pasadena's sought-after multifamily submarket. Its prime location, strong tenant demand, and proximity to top-rated schools solidify its position as a standout asset in a highly coveted area.Ideal for Owner-OccupiersFor owner-investors, 626 Brent Ave presents an exceptional opportunity to combine personal residence with financial returns. An owner-occupier can live in one unit while generating rental income from the remaining three, offsetting mortgage costs. This dual-purpose setup not only offers a comfortable living arrangement but also ensures a steady revenue stream, bolstering long-term investment returns. South Pasadena is celebrated for its award-winning Unified School District, which serves over 4,600 K-12 students with a student-teacher ratio of 24:1. All five district schools are recognized as "Most Distinguished," and its three elementary schools have earned prestigious Blue Ribbon Awards.For higher education, the prestigious California Institute of Technology (Cal Tech) is just 3.7 miles away, providing access to world-class educational opportunities.
Location
State CA
County Los Angeles
Area 658 - So. Pasadena
Zoning SPR310000*
Interior
Heating Floor Furnace, Wall Furnace
Fireplace No
Appliance Refrigerator
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Attached Garage No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Entry Level One
Architectural Style Mid-Century Modern
Level or Stories One
New Construction No
Schools
School District South Pasadena
Others
Senior Community No
Tax ID 5318005002
Special Listing Condition Standard
Listed by James Keady • CB Richard Ellis, Inc.
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