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ZIP CODE 91106

8 Beds 10 Baths ACTIVE Status
Situated on a tranquil tree-lined street in one of the most desirable neighborhoods in Pasadena sits this one-of-a-kind estate known as Lunkenheimer House, by architect J.J.Blick. Offering both privacy and convenience, this gated home is surrounded by tall hedges and welcomes you to a sprawling lawn surrounded by Oak and Palm Trees and features an elongated driveway. Set on a 1.12-acre lot and offering over 12,000 square feet of living, the home is an entertainer's paradise. Welcoming you with a dramatic entry that features 17th Century Chinese fretwork swinging doors, discover the spacious interiors that are flooded with natural light from the many windows throughout. The interiors combine historic charm with updated finishes, including mahogany wood paneling, original doors with brass hardware, built-ins and pocketed doors throughout. Ideal for hosting get togethers, the living room is a delightful escape, featuring an originally restored Grueby tile wood burning fireplace with original copper hood and oak mantel and baseboards. The heart of the home is the gourmet kitchen that includes Brazilian brown granite countertops, copper sink, Mahogany built-ins and a full Butler's pantry equipped with a large sink, dishwasher, warming drawers and plenty of counter space. Offering eight bedrooms, each designed with comfort in mind, the primary suite is a true retreat, featuring soaring 12' ceilings, a Marble enclosed gas fireplace, unique built-in art niches above mantel, and large walk-in closet with built in cedar lined shelves. The beautiful outdoor living includes a stunning saltwater pool, spa, outdoor patio area, Koi pond with waterfall and built-in planters around. Not to be overlooked, the grounds also include a guest house, 924sf basement, fully finished attic, playroom/study space and so much more. This estate is a true gem with ample opportunities and the chance to call your own!

1215 Wentworth Ave, Pasadena

Courtesy of , Joshua Altman - CA DRE#

10 Beds 9 Baths ACTIVE Status
LOWEST PRICE PER SQ. FT. OF ANY APARTMENT BUILDING IN PASADENA! This 5 unit apartment property offers an excellent value-add opportunity for any investor or even an owner user as the property consists of four spacious units in front with a detached bungalow house in back. This tremendous location is situated just one-half mile (0.5 mi) from the Metro Gold Line station to the North and the restaurants of S. Lake Ave and famous Shoppers Lane to the South. The four spacious units in front feature a great unit mix of a two-story 4 bedroom + 2 bath townhouse unit and three 2 bedroom + 1.5 bath units. The detached 1 bedroom + 1 bath bungalow in back is close to 700 SF (Buyer to verify) with its own dedicated carport and private back yard. There are 4 covered parking spaces that can park 2 cars tandem for the front units and two more spaces for detached house, so 10 on-site parking spaces. Enclosed storage rooms and two units have private, fenced patio area. The property is separately metered for gas and electricity with a community laundry room and central water heater. Situated on a 9,948 SF lot with a high-density zoning of RM-48, the property directly across the street with a similar lot size currently has 9 Townhome units being developed. There is potential to create an ADU within the property (Buyer to verify with City). For an investor, this property presents the opportunity to achieve a much higher rental income as units become vacant since the property is under Pasadena Rent Control laws. Given the location, property features and incredibly strong rental demand of Pasadena, this multifamily property is a very strong long-term investment and hedge against inflation.

175 N Catalina Ave, Pasadena

Courtesy of , Alexander Metaxas - CA DRE#

6 Beds 5 Baths ACTIVE Status
Built in 1946 on a large 11,887 square foot lot, 953 S Marengo Ave is a five-unit multifamily property, comprised of three buildings, with a total building size of 3,722 square feet. The well-maintained property is separately metered for gas and electric and offers both garage and uncovered parking. The grounds are beautifully landscaped, and the freshly painted buildings have new roofs. An existing pad, ideal for an ADU unit (buyer to independently confirm), separates the two front buildings from the rear structure. The property offers an ideal unit mix of a freestanding two-bedroom/one-bathroom front house and four one-bedroom/one-bathroom units. Units are serviced by individual water heaters, and offer upgraded flooring, a gas stove, a refrigerator, central air & heat, generous storage areas, and the luxury of in-unit laundry. Select units have been renovated. Situated in the most desirable section of Pasadena, 953 S Marengo Ave is minutes from Huntington Memorial Hospital, Old Town Pasadena, The Paseo, Shops on Lake Avenue, California Institute of Technology, Art Center College of Design, Pasadena City College, Jet Propulsion Laboratory, Rose Bowl, and Huntington Botanical Gardens. Approximately 7 and 11 miles to Glendale and Burbank, respectively, 953 S Marengo Ave is a short commute to the nucleus of the entertainment industry, including DreamWorks Animation, The Walt Disney Studios, Warner Brother's Studios, and Universal Studios. Furthermore, with convenient access to the 110, 134, and 210 Freeways, the property offers a central location to the Greater Los Angeles region is only nine miles from DTLA. While the current ownership has diligently maintained the property and has been conscientious to maintain fair rents, current rents are approximately 10% below market, presenting a new owner with both stability and the opportunity to increase rents to market upon vacancy. The property is subject to recent Pasadena Rent Control restrictions, but rollbacks are not required (buyer to independently confirm). Given the property's healthy real estate fundamentals, which includes its outstanding Pasadena location, desirable unit mix, and turnkey building condition, 953 S Marengo Ave is a solid investment for an investor seeking growth and a hedge against inflation.

953 S Marengo Ave, Pasadena

Courtesy of , Priscilla Nee - CA DRE#

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