Property · 2 recorded sales since 2012
Listing Agent: ERIC CHEN (DRE #01489184) · Listing Office: CB RICHARD ELLIS · Contact: 909-418-2000 · Bought with: Jenny Lin · Berkshire Hathaway HomeServices California Properties · MLS #CV20151178 · Source: CRMLS
712 Padilla Street is located north of the 10 Freeway on the corner of Mission Drive and East Las Tunas. 712 Padilla Street is located in the heart of a historic neighborhood known as “Mission District”. 712 Padilla Street is located near Pasadena City College, Fuller Theological Seminary, The Pasadena Playhouse, and Pasadena Museum of California Art, The Huntington Library, Art Collections, and Botanical Gardens, and the Rose Bowl Stadium. Convenient access to Glendale Americana Shopping Center, UCLA, USC, Dodger Stadium, Staples Center, Griffith Observatory and The Broad Museum using the 2, I-5, I-10, I-210, 134, 110, and 710 Freeways. The Padilla Street Apartment is a rare, well-maintained, two-story, 10-unit property. Built in 1930, the Padilla Street Apartments is situated on a ±9,205 square foot lot with a total building size of ±6,716 square feet. The property offers an excellent unit mix of 7 Studio units and 3 one bedroom/one-bathroom units. The Padilla Street Apartments features a private concrete driveway, 5 garages, beautifully maintained landscaping, newer exterior paint, and on-site laundry room for tenants to use. The Padilla Street Apartments is a prime North San Gabriel, income producing property and a great long-term investment. The property is located in a highly desirable area and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor or a 1031 exchange opportunity.
Listing description from the December 2020 sale, as reported to CRMLS.