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ResidentialIncome — 522 524 San Pascual Avenue, Los Angeles, CA

$2,300,000

522 524 San Pascual Avenue, Los Angeles, CA

$2,300,000 — 522 524 San Pascual Avenue, Los Angeles, CA — photo 1 $2,300,000 — 522 524 San Pascual Avenue, Los Angeles, CA — photo 2 $2,300,000 — 522 524 San Pascual Avenue, Los Angeles, CA — photo 3 $2,300,000 — 522 524 San Pascual Avenue, Los Angeles, CA — photo 4 $2,300,000 — 522 524 San Pascual Avenue, Los Angeles, CA — photo 5
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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

Property details

Year built
1888
Property type
ResidentialIncome

Location

522 524 San Pascual Avenue • Los Angeles, CA 90042

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Listed by

Ryan Carmichael · Taka Realty Inc.

Listing courtesy of Taka Realty Inc.. Information deemed reliable but not guaranteed.

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