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529-541 S El Molino Ave
Pasadena, CA 91101 Playhouse Village

$6,780,000 USD

Apartments For Sale  •  14,815 SF

Property Details

  • Property Type Apartments
  • Total Building Size 14,815 SF
  • Lot Size 0.7 AC
  • Building Class C
  • Year Built 1950
  • Zoning R3
50 Transit Score
80 Walk Score

Highlights

TROPHY Class-A Location - 20-unit Steps from South Lake Ave, Erewhon, Caltech, and Old Town Pasadena
Exceptional Demographics: Located in an affluent neighborhood boasting an average household income of ±$153,875 within a one-mile radius.
Ideal Operational Scale: Two adjacent 10-unit parcels (20 units total) operating just under the threshold that requires an on-site manager
529 S El Molino (Bungalow Style): A gorgeous, single-story bungalow-style complex surrounding a picturesque center courtyard.
541 S El Molino (Mid-Century Modern): A clean and attractive Mid-Century Modern building with brick paver walkways and excellent curb appeal.
Recent Capital Expenditures, Massive Lot with Redevelopment Potential, Separately Metered

Property Flyers

Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Fireplace
  • Laundry Facilities
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Crown Molding
  • Hardwood Floors
  • Oven
  • Range
  • Walk-In Closets
  • Dining Room
  • Garden
  • Linen Closet

Public Transportation

Transit/SubwayDriveWalkDistance
Fillmore Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 18 min 1.0 mi
Del Mar Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 19 min 1.0 mi
AirportDriveWalkDistance
Bob Hope 25 min - 17.6 mi
Los Angeles International 39 min - 24.7 mi
Long Beach (Daugherty Field) 40 min - 26.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Han Widjaja-Chen 626-594-4900 Growth Investment Group California
Han Widjaja-Chen 626-594-4900 Growth Investment Group California