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288 N Vinedo Ave

Pasadena, CA 91107
  • $2,995,999
  • STATUS: ACTIVE
  • ON SITE: 74 Days
  • ID#: SR24170536
UPDATED: 67 min ago
$2,995,999
  • 3
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Income Property with a custom-built workshop for someone looking for an Investment Property, or live on the property where your office/shop is located. Located in the Lamanda Park neighborhood of beautiful Pasadena, the entire property consists of 3 parcels with 2 structures. Front structure facing Vinedo is a beautiful craftsman-style built at the turn of the century with many elements of the era such as low-pitched gable roof with overhanging eaves, earth-toned exteriors giving the home a natural aesthetic, with porches in front and in rear. It's a Duplex with all the charm and beauty of a home near the turn of the century inspired by the arts and crafts movement of the early 1900s, that has been beautifully restored with modern day features. The owners have an appreciation for woodworking and have meticulously maintained the originality of the home, while keeping the theme of the architecture style when modernizing and upgrading. It truly is a must see! All the square footage listed here are approximate and must be verified. The Larger unit, A, is a 2 bedroom, 2 bath with lots of built-ins. Unit A is approx. 1200 sq ft. and brings in $2500/month while Unit B , which is approximately 450 sq ft., brings in $2000/month. The residence is beautifully landscaped and paved using cobblescape-octagon-dot pavers with a slight beveled edge in the driveway and throughout the rear patio/garden area. It is all exquisitely groomed, inside and out. The shop, which is accessible from rear, consists of approx 3059 SF (not exact -BUYER must verify) of light industrial space - 2 levels - in Income Property with a custom-built workshop for someone looking for an Investment Property, or live on the property where your office/shop is located. Located in the Lamanda Park neighborhood of beautiful Pasadena, the entire property consists of 3 parcels with 2 structures. Front structure facing Vinedo is a beautiful craftsman-style built at the turn of the century with many elements of the era such as low-pitched gable roof with overhanging eaves, earth-toned exteriors giving the home a natural aesthetic, with porches in front and in rear. It's a Duplex with all the charm and beauty of a home near the turn of the century inspired by the arts and crafts movement of the early 1900s, that has been beautifully restored with modern day features. The owners have an appreciation for woodworking and have meticulously maintained the originality of the home, while keeping the theme of the architecture style when modernizing and upgrading. It truly is a must see! All the square footage listed here are approximate and must be verified. The Larger unit, A, is a 2 bedroom, 2 bath with lots of built-ins. Unit A is approx. 1200 sq ft. and brings in $2500/month while Unit B , which is approximately 450 sq ft., brings in $2000/month. The residence is beautifully landscaped and paved using cobblescape-octagon-dot pavers with a slight beveled edge in the driveway and throughout the rear patio/garden area. It is all exquisitely groomed, inside and out. The shop, which is accessible from rear, consists of approx 3059 SF (not exact -BUYER must verify) of light industrial space - 2 levels - includes 600 SF of office space. Office upstairs with mountain views and overlooks workshop below. Lots of built-ins and wide open space. Shop has 19' Clear Height and the 2nd floor has a high weight load capacity for easy access with a forklift or a car lift. Shop has 2 Restrooms and is equipped with a 200amp 3 phase panel & a 220amp Single Phase Power Panel, 2 wide roll-up doors, 7 Parking Spaces with a Loading Dock and a Storage Area. Owner is willing to carry if Buyer has sufficient Down Payment. Carry Terms : Approx $2,000,000 (or remaining balance after down payment is applied) at 6.5% amortized for 15 years with a ballon payment due in 5 years. Owner is looking to stay in the main house for 60 months as a rent-back at the rate of $2500/month, if the Buyer should desire to entertain this arrangement. Seller is eager to entertain any serious offer. Everything is negotiable.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/153804863
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288 N Vinedo Ave Pasadena, CA 91107

  • Price: $2,995,999
  • Status: ACTIVE
  • On Site: 74 Days
  • Updated: 67 min ago
  • ID#: SR24170536
3
Beds
0
Baths
0
½ Baths
0.23
Acres
Neighborhood:
Pasadena (91107)
County:
Los Angeles
Area:
Pasadena (91107)
Property Description
Income Property with a custom-built workshop for someone looking for an Investment Property, or live on the property where your office/shop is located. Located in the Lamanda Park neighborhood of beautiful Pasadena, the entire property consists of 3 parcels with 2 structures. Front structure facing Vinedo is a beautiful craftsman-style built at the turn of the century with many elements of the era such as low-pitched gable roof with overhanging eaves, earth-toned exteriors giving the home a natural aesthetic, with porches in front and in rear. It's a Duplex with all the charm and beauty of a home near the turn of the century inspired by the arts and crafts movement of the early 1900s, that has been beautifully restored with modern day features. The owners have an appreciation for woodworking and have meticulously maintained the originality of the home, while keeping the theme of the architecture style when modernizing and upgrading. It truly is a must see! All the square footage listed here are approximate and must be verified. The Larger unit, A, is a 2 bedroom, 2 bath with lots of built-ins. Unit A is approx. 1200 sq ft. and brings in $2500/month while Unit B , which is approximately 450 sq ft., brings in $2000/month. The residence is beautifully landscaped and paved using cobblescape-octagon-dot pavers with a slight beveled edge in the driveway and throughout the rear patio/garden area. It is all exquisitely groomed, inside and out. The shop, which is accessible from rear, consists of approx 3059 SF (not exact -BUYER must verify) of light industrial space - 2 levels - in Income Property with a custom-built workshop for someone looking for an Investment Property, or live on the property where your office/shop is located. Located in the Lamanda Park neighborhood of beautiful Pasadena, the entire property consists of 3 parcels with 2 structures. Front structure facing Vinedo is a beautiful craftsman-style built at the turn of the century with many elements of the era such as low-pitched gable roof with overhanging eaves, earth-toned exteriors giving the home a natural aesthetic, with porches in front and in rear. It's a Duplex with all the charm and beauty of a home near the turn of the century inspired by the arts and crafts movement of the early 1900s, that has been beautifully restored with modern day features. The owners have an appreciation for woodworking and have meticulously maintained the originality of the home, while keeping the theme of the architecture style when modernizing and upgrading. It truly is a must see! All the square footage listed here are approximate and must be verified. The Larger unit, A, is a 2 bedroom, 2 bath with lots of built-ins. Unit A is approx. 1200 sq ft. and brings in $2500/month while Unit B , which is approximately 450 sq ft., brings in $2000/month. The residence is beautifully landscaped and paved using cobblescape-octagon-dot pavers with a slight beveled edge in the driveway and throughout the rear patio/garden area. It is all exquisitely groomed, inside and out. The shop, which is accessible from rear, consists of approx 3059 SF (not exact -BUYER must verify) of light industrial space - 2 levels - includes 600 SF of office space. Office upstairs with mountain views and overlooks workshop below. Lots of built-ins and wide open space. Shop has 19' Clear Height and the 2nd floor has a high weight load capacity for easy access with a forklift or a car lift. Shop has 2 Restrooms and is equipped with a 200amp 3 phase panel & a 220amp Single Phase Power Panel, 2 wide roll-up doors, 7 Parking Spaces with a Loading Dock and a Storage Area. Owner is willing to carry if Buyer has sufficient Down Payment. Carry Terms : Approx $2,000,000 (or remaining balance after down payment is applied) at 6.5% amortized for 15 years with a ballon payment due in 5 years. Owner is looking to stay in the main house for 60 months as a rent-back at the rate of $2500/month, if the Buyer should desire to entertain this arrangement. Seller is eager to entertain any serious offer. Everything is negotiable.
Exterior Features

Pool N/K Site Sidewalks

Interior Features

Total Baths Unit1 0

Property Features

Annual Expense Actual 3365 Buildings 2 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 124846 Home Owners Fees 0.0 Terms Cash Unit Number For Unit1 1 Unit1 Rent Actual 4500.0 Zoning Seller

San Diego MLS logo Listing provided courtesy of Victoria Ronald of eXp Realty of California Inc: 626-390-5833. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128