1365 N Mentor Avenue, Pasadena, CA 91104

About this property

This attractive 1936 Mediterranean style apartment complex offers a great opportunity for investors and first-time buyers alike. Within its two separate buildings, a duplex and a triplex, this complex offers five units with all the period-appropriate features of its era such as flooring, tile, cabinet and fixtures, but with the added convenience of modern amenities. Such amenities include mini split heat and air conditioners, individual electric and gas meters, and individual water heaters. Four single car private garages are rented separately and can be reconfigured to one Large 2 Bedroom ADU. The seller's 1.075M loan is assumable with a favorable interest rate of 3.15% fixed until May 2026. This turnkey apartment complex is perfect for anyone looking to invest in a property that offers both vintage charm and modern convenience.

Listing description from the June 2023 sale, as reported to CRMLS.

Sale history

$1,975,000

Sold June 2023 · listed $2,095,000, orig. $20,950,000, on market March 2023 · MLS #AR23042899 · Source: CRMLS

Listing Agent: Matt Cuong Ly · Listing Office: Coldwell Banker Realty · Contact: mattly@coldwellbanker.com · Bought with: David Nalbandyan · LA Premier Realty

Explore Pasadena