2045 Meridian Avenue

South Pasadena, CA 91030

$1,800,000
Price
—
Beds
2,647 Sq. Ft.
$680 / Sq. Ft.
2,647
Sq. Ft.
$680
per Sq. Ft.

Description

Presenting a remarkable investment prospect in the heart of South Pasadena! This charming Triplex, nestled at 2045 Meridian Ave, showcases three units, each with two bedrooms and one bathroom and their own detached one-car garage. Built in 1949, it retains the captivating original details that epitomize the timeless appeal of the mid-century era. Unit A is a single-story unit with spacious living areas and a cozy feel. It has a laundry hook-up in the kitchen. Unit B has the same layout, providing...Presenting a remarkable investment prospect in the heart of South Pasadena! This charming Triplex, nestled at 2045 Meridian Ave, showcases three units, each with two bedrooms and one bathroom and their own detached one-car garage. Built in 1949, it retains the captivating original details that epitomize the timeless appeal of the mid-century era. Unit A is a single-story unit with spacious living areas and a cozy feel. It has a laundry hook-up in the kitchen. Unit B has the same layout, providing abundant natural light and original finishes. It has a private laundry room. Unit C offers a sunny and positive atmosphere on the upper floor with a functional design and a small private balcony overlooking the charming courtyard. It has laundry hookups off the kitchen. There is a delightful shared patio courtyard accessible to all three units. This property is perfect for investors looking to add an income-generating asset to their portfolio or for owner-occupants seeking a multi-family residence in a desirable location. With easy access to award-winning South Pasadena schools, particularly SPHS, parks, shops, and dining options, this Triplex offers convenient living in one of the town's most desirable neighborhoods. Take advantage of this opportunity to own a piece of prime real estate in South Pasadena. All rentals are month to month.

Property Details for 2045 Meridian Avenue

Architectural Style
Traditional
Subdivision Name
Not Applicable
Garage Spaces
3.00
View
None

Location

Listing Courtesy of Century 21 Masters, Meg Middleman, DRE #00914188
Add your commute
LISTING UPDATED: 05/08/2024 08:47 AM

Property Details for 2045 Meridian Avenue

StatusActive
MLS #P1-17442
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income / Combo - Res and Com
Year Built1949
Lot Size0.17 AC / 7,237 SF
CountyLos Angeles County

Location

Listing Courtesy of Century 21 Masters, Meg Middleman, DRE #00914188
Add your commute

Building Information for 2045 Meridian Avenue

Stories2Residences-Year Built1949Lot Size0.17 AC / 7,237 SF

Payment Calculator

$10,359 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,823

Property Taxes

$536

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2045 Meridian Avenue

Summary
Location and General Information
  • Building Area Total: 2,647.00
  • Community Features: Curbs, Sidewalks
  • City: South Pasadena
  • Country: US
  • Direction Faces: East
  • Directions: West of Huntington Dr,South of Valley View Road,North of Kendall Avenue.
  • Area: 658 - South Pasadena
  • Road Surface Type: Paved
  • Unparsed Address: 2045 Meridian Avenue, South Pasadena, CA 91030
Parking
  • Parking Features: Garage, Off Street, On Site, Paved
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Other Annual Assessment Amount: $.00
Virtual Tour
Property
Lot Information
  • Lot Features: Sprinklers, Front Yard
  • Lot Size Acres: .17
  • Lot Size Square Feet: 7,237.00
  • Lot Size Area: 7,237.00
  • Lot Size Units: Square Feet
  • Parcel Number: 5310019002
  • Road Frontage Type: City Street
  • Zoning: SPR310000*
  • Property Type: Residential Income
  • Property Sub Type: Commercial/Residential
Property and Assessments
  • Common Walls: 1 Common Wall
  • Documents Count: 6
  • Entry Level: 1
  • Entry Location: 1st floor
  • New Construction: No
  • Property Attached: Yes
  • Year Built Source: Assessor
  • Senior Community: No
Utilities
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected, Natural Gas Available
  • Water Sewer Expense: $2,400.00
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Fencing: Chain Link, Wood
  • Foundation Details: Raised
  • Other Structures: Shed(s), Storage
  • Pool Features: None
  • Pool Private: No
  • Roof: Shingle
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Spa Features: None
  • Spa: No
  • Stories Total: 2
Interior Features
  • Appliances: Refrigerator, Gas Oven, Range Hood
  • Total Bathrooms: 0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Wood, Laminate
  • Heating: Floor Furnace
  • Heating: Yes
  • Interior Features: Balcony, Storage, Tile Counters
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Gas Dryer Hookup, In Kitchen, Individual Room, Inside, Stackable, Upper Level, Washer Hookup, Washer Included
  • Living Area: 2,647.00
  • View: No
  • Window Features: Blinds, Screens
  • Levels: One, Two
Multi Family
Multi-Family Information
  • Gross Scheduled Income: $87,000.00
  • Net Operating Income: $69,000.00
  • Electric Expense: $125.00
  • Insurance Expense: $.00
  • Number Of Buildings: 1
  • Number Of Units Leased: 3
  • Operating Expense: $18,000.00
  • Special Listing Conditions: Standard
  • Trash Expense: $1,100.00
Agent
Sale and Listing
  • Inclusions: Any and all appliances or items on the property. Buyers understand that all personal property is in its ''AS IS'' condition. - Unit A, B, and C: washer, dryer, fridge, oven, range.
Rental
Rental Information
  • Tenant Pays: Electricity, Gas, Telephone

Property History for 2045 Meridian Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2045 Meridian Avenue

Taxable ValueLand$251,132Additions$189,084Total$440,216
Tax Record2023$6,434 ($536 / month)
Home Facts
Total Finished SqFt2,647 SqFtAbove Grade Finished SqFt2,647 SqFtLot Size7,237 SqFtStyleTriplexYear Built1949ZoningSPR310000*CountyLOS ANGELESAPN5310-019-002

Schools near 2045 Meridian Avenue

This home is within South Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - 1 to 12
Rating
School
Distance
Monterey Hills Elementary School
PublicK to 5

South Pasadena Middle School
Public6 to 8

South Pasadena Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2045 Meridian Avenue is a mixed use property for sale in South Pasadena, CA 91030. This property was listed for sale on April 30, 2024 by Century 21 Masters, it's currently listed at $1,800,000. This listing's school district is South Pasadena Unified School District. Nearby schools include Monterey Hills Elementary School, South Pasadena Middle School and South Pasadena Senior High School. 2045 Meridian Avenue is a 0-bed, 0-bath, 2,647 sqft mixed use property built in 1949.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Masters, Meg Middleman, DRE #00914188

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.