56 Esther Street
Pasadena, CA, 91103
$899,900
Beds
0 Baths
SqFt
0.13 Acres
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This multi-family dwelling, a three-unit property, is conveniently located in the tranquil Villa Parke neighborhood of NW Pasadena. Located on a tree-lined corner at Esther Street and Raymond Avenue, the home offers easy accessibility with dual street frontages. Enjoy the ideally positioned amenities, all within easy reach. Just a few miles away, you&#39'll find schools, banks, retail shops, restaurants, Villa Park, supermarkets, CVS, the Farmers&#39' Market, the Rose Bowl Stadium, a golf club, the public library, museums, and Old Town Pasadena. With several notable venues and a variety of shopping, dining, and entertainment options nearby, this property offers the perfect blend of convenience and excitement. Additionally, easy access to the 210 and 710 freeways, and public transportation. You’ll also be able to enjoy an array of leisure activities and will delight in the scenic canyon hiking trails all just within reach. This triplex each unit enjoying its own private backyard. The property offers a total of 3 bedrooms and 3 bathrooms, combining for approximately 1,600 square feet of living space. Each unit consists of one bedroom and one bathroom, with laminate wood flooring throughout. There are two detached parking garages available. Each unit has a separate electric meter and gas meter, while all units share a single water meter, with the water bill paid by the tenants. The landlord covers lawn maintenance, water and sewer fees, electricity, insurance, pest control, and property taxes. The seller also provides a washer and dryer in the laundry room. The neighborhood offers unlimited opportunities for shopping, entertainment, relaxation, and networking, making it an ideal location for generating rental income. This triplex provides an excellent opportunity for a live-in owner who can rent out the other units as a capital growth investment. With rental upside potential, it&#39's a valuable addition to any investment portfolio.

Property Details

Price:
$899,900
MLS #:
AR24162120
Status:
Active Under Contract
Baths:
0
Address:
56 Esther Street
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
645pasadenanw
City:
Pasadena
Listed Date:
Aug 6, 2024
State:
CA
ZIP:
91103
Lot Size:
5,818 sqft / 0.13 acres (approx)
Year Built:
1949
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Interior

Cooling
Central Air

Exterior

Community Features
Curbs, Sidewalks, Street Lights
Garage Spaces
2.00
Lot Features
Back Yard, Lawn, Near Public Transit, Park Nearby
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public

Financial

Tenant Pays
Electricity, Gas, Trash Collection, Water

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56 Esther Street
Pasadena, CA