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420 Oakland Avenue
Pasadena, CA 91101
Sold
Step into the spotlight with an extraordinary real estate opportunity - a remarkable 4plex making its market debut for the first time in an astonishing 45 years, revealing a truly unparalleled find. Nestled in proximity to the prestigious Madison Heights and a mere stone's throw away from the bustling heart of Old Town Pasadena, this property shines as an exquisite gem. It showcases four good-sized 2-bed, 2-bath units. Positioned within close reach of iconic landmarks such as the Pasadena Playhouse, Paseo, and the Gold Line light rail, this address promises an urban living experience like no other. In conjunction with this, what genuinely distinguishes this property is the meticulous planning that forms its foundation. With the City of Pasadena's planning design approval already secured and the project now in the final plan check process, a well-defined pathway is established for the enhancement of this treasure into an extraordinary five-unit development, encapsulating an opportunity of remarkable proportions. Serving as a canvas brimming with untapped potential, the possibilities extend far and wide: envisage residing in one unit while savoring returns from the remaining or embracing a pre-approved vision of a five-unit development. The allure of this offering reaches well beyond its immediate appeal, further elevated by the substantial progress in planning that has been achieved; a pivotal juncture to embrace the quintessential Pasadena lifestyle, where the city's storied heritage, dynamic culture, and contemporary living converge seamlessly. Envision a property blending classic charm with boundless prospects, presenting an unrivaled chance to secure a unique slice of Pasadena's history and future. This property is an exceptional opportunity within an unmatched location. This property offers a cornerstone of one's legacy and a chance to unlock a multitude of prospective futures.
PROPERTY INFORMATION
| MLS # | P1-14783 | Lot Size | 7,658 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Quadruplex |
| Price | $ 1,890,000
Price Per SqFt: $ 426 |
DOM | 648 Days |
| Address | 420 Oakland Avenue | Type | Residential Income |
| City | Pasadena | Sq.Ft. | 4,440 Sq. Ft. |
| Postal Code | 91101 | Garage | N/A |
| County | Los Angeles | Year Built | 1970 |
| Bed / Bath | 8 / 0 | Parking | 7 |
| Built In | 1970 | Status | Closed |
| Sold Date | 2023-09-22 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Inside |
| Has Fireplace | Yes |
| Fireplace Information | Living Room |
| Has Appliances | Yes |
| Kitchen Appliances | Electric Oven, Free-Standing Range, Electric Range |
| Has Heating | Yes |
| Heating Information | Forced Air |
| Has Cooling | Yes |
| Cooling Information | Central Air |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
| Has Fence | No |
| Fencing | None |
| Has Sprinklers | No |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,016
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 09/21/2023 | Closed | $1,700,000 |
| 08/18/2023 | Closed | $1,890,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Julia Kwon, Berkshire Hathaway Home Servic. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
