1501 N El Molino Avenue, Pasadena, CA 91104

$1,000,000

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List Price
$1,000,000
Price Change
▲ $101,000 1782944805
Status
ACTIVE UNDER CONTRACT
MLS#
P1-25672
Year Built
1925
Lot Size
10,122
Acres
0.23
Lot Location
Sprinklers None
Days on Market
54
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level
Neighborhood
Not Applicable

Property Description

PLEASE DO NOT DISTURB TENANTS.In the heart of Pasadena, this unique offering presents the best of both worlds: two fully detached homes, each with its own private, gated backyard, set on over 10,000 square feet of lushly landscaped grounds.The front residence is a charming early 20th-century Craftsman Bungalow, featuring two bedrooms and one bath, and capturing the warmth and character of a bygone era. Tucked quietly behind it, the Spanish-style home offers one bedroom and one bath, showcasing original built-ins, beautiful wood detailing, and the distinctive artistry that defines Pasadena's historic architecture.Both homes enjoy soft natural light throughout the day, mature trees, tranquil garden settings, and separate gated yard spaces, creating a true sense of privacy. The property also includes two dedicated parking spaces adjacent to a one-and-a-half-car garage.Ideally located just two blocks north of Washington Park and minutes from Pasadena City College, Caltech, and the 210 Freeway, this property balances peaceful living with exceptional convenience.Whether imagined as a multi-generational compound, or that income property you've been looking with enormous potential, the possibilities are truly endless.Both homes are currently tenant-occupied.

Additional Information

Pool Description
None
Heat
Fireplace(s)
Cooling Description
None
View
None
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Down
Attached Structure
Detached
Gross Scheduled Income
$50,256
Operating Expense
3950

Listing courtesy of Listing Agent: Diego Kropman (diegodiazkropman@gmail.com) from Listing Office: HomeSmart, Evergreen Realty.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.