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Nicole Darwin

nicole.darwin@engelvoelkers.com +1(707) 330-4357

$ 2,600,000

Est. payment -/mo

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Active

524 San Pascual AVE Los Angeles, CA 90042

0.3 Acres Lot

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-26449

HOA Y/N No

Year Built 1888

Lot Size 0.296 Acres

Property Description

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

Location

State CA

County Los Angeles

Zoning LARD2

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Gas Range, Refrigerator

Laundry Common Area

Exterior

Parking Features Off Street, Paved, One Space, Shared Driveway

Pool None

Community Features Sidewalks

View Y/N No

View None

Total Parking Spaces 10

Private Pool No

Building

Lot Description Sprinklers None

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 5493032005

Energy Description 1980.0

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Trust

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Ryan Carmichael Taka Realty Inc. (818) 583-7033, DRE #02061389

NEARBY SCHOOLS & PROPERTIES

Nicole Darwin

Advisor

+1(707) 330-4357

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