1600 Fair Oaks, South Pasadena, California 91030, South Pasadena, 91030 - bed, bath
ACTIVE$2,299,999
1600 Fair Oaks, South Pasadena, California 91030
0Bed
0Bath
3,428Sqft
12,196.8Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location: Located in highly desirable South Pasadena, a coveted community in the San Gabriel Valley, offering unmatched location appeal and walkability to schools, shops, restaurants, and amenities.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12196, other record lot size in square feet = 11985.
Compared to the nearby listings
Price:$2.30M vs avg $1.64M (+$662,499)75%
Size:3,428 sqft vs avg 2,174.5 sqft75%
Price/sqft:$671 vs avg $75525%
More Insights
Built in 1924 (101 years old).
Condition: The property was built in 1924, making it very old. While the exterior appears well-maintained, the listing description explicitly highlights the 'Age of Property' and 'Potential for Outdated Unit Interiors' as weaknesses. The complete absence of interior photos, particularly of kitchens and bathrooms, strongly indicates these areas are significantly outdated and would require substantial renovation to meet modern standards and attract competitive rental rates. Major systems (plumbing, electrical, HVAC) are also likely original or very old, suggesting they are functional but show signs of being outdated and may require future updates.
Year Built
1924
Close
-
List price
$2.3M
Original List price
$2.3M
Price/Sqft
$671
HOA
-
Days on market
-
Sold On
-
MLS number
PW25267047
Home ConditionFair
Features
View-
About this home
BACK ON THE MARKET! No fault to seller. Prime investment opportunity in highly desirable South Pasadena! This well-maintained 4-unit multi-family property offers an ideal mix of unit types. The building features 3 spacious 1 bedroom / 1 bath units plus a larger 2-bedroom / 1 bath unit perfect for strong rental demand in this sought-after area. Appreciate the convenience of a 4-car garage along with additional parking in the long driveway. Located within walking distance to schools, local shops, restaurants and other neighborhood amenities. This property delivers unmatched location appeal. Don't miss your chance to own in one of the most coveted communities in the San Gabriel Valley!
Condition Rating
Fair
The property was built in 1924, making it very old. While the exterior appears well-maintained, the listing description explicitly highlights the 'Age of Property' and 'Potential for Outdated Unit Interiors' as weaknesses. The complete absence of interior photos, particularly of kitchens and bathrooms, strongly indicates these areas are significantly outdated and would require substantial renovation to meet modern standards and attract competitive rental rates. Major systems (plumbing, electrical, HVAC) are also likely original or very old, suggesting they are functional but show signs of being outdated and may require future updates.
Pros & Cons
Pros
Prime Location: Located in highly desirable South Pasadena, a coveted community in the San Gabriel Valley, offering unmatched location appeal and walkability to schools, shops, restaurants, and amenities.
Investment Opportunity: A well-maintained 4-unit multi-family property (quadruplex) explicitly identified as a prime residential income investment opportunity.
Strong Rental Demand: The property is situated in an area with strong rental demand, ensuring consistent occupancy and income potential.
Ample Parking: Features a convenient 4-car garage along with additional parking space in a long driveway, a significant advantage for multi-unit properties.
Well-Maintained Property: The building is described as well-maintained, suggesting a lower immediate need for major structural repairs or deferred maintenance.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12196, other record lot size in square feet = 11985.
Age of Property: Built in 1924, the property's age may lead to higher ongoing maintenance costs and potential for outdated infrastructure (e.g., plumbing, electrical, HVAC systems) over time.
Potential for Outdated Unit Interiors: While the building is well-maintained, the description does not specify recent interior renovations or modern amenities within the individual units, which could limit rental income potential without further capital investment.
Lack of Specific Unit Amenities: Key tenant-attracting amenities such as in-unit laundry or air conditioning are not mentioned, which could impact rental rates or tenant satisfaction in the competitive South Pasadena market.