974 Palm Terrace, Pasadena, CA 91104
Active
$1,345,000
2 Units
4 Beds
2 Baths
2,133 Area(sq.ft.)
Lot: 9,257 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 2,798 | $ 2,798 | $ 3,750 |
| Unit 2 | 1 | 2 | 1 | No | $ 3,200 | $ 3,200 | $ 3,600 |
| 2 | 4 | 2 | $ 5,998 | $ 5,998 | $ 7,350 |
| MLS #: | RS25087123MR |
| Days On Market: | 221 |
| Listing Date: | April 29, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 631 |
| Price per unit: | $ 672,500 |
| Year Built: | 1890 |
Property Details
Welcome to this wonderful opportunity to own a duplex in the sought after Washington Square Neighborhood. With a large setback you'll find the setting tranquil and the homes delightful. The front unit 974 Palm Terrace, at just under 1200 square feet, is a traditional home with wood floors. Being built around 1956, the large open floor plan, living, dining and kitchen allow for great flow for entertaining. The bedrooms are generous and there is a washer and dryer in the unit. Having a lovely rear garden, this unit also has a 2 car detached garage. 976 Palm Terrace is the rear home and has its own private garden in the front as well as a rear patio and yard. The home has been renovated with new flooring, paint and a split unit heat and air system, as well as a new bathroom. There are 2 bedrooms as well as a bonus room that is great for an office. The ample kitchen is made for baking pies and mint juleps that can be enjoyed on the large front porch. The living room has a decorative fireplace that evokes the era's of the 1890"s and the graceful front porch echoes from a time when this charming bungalow was built. Both homes have dishwashers, and newer water heaters. The rear unit has its own carport and an additonal parking space.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 6,500 |
| Net Operating Income: | $ 6,500 |
Structure
| Community Features: | Curbs, Sidewalks, Street Lights, Suburban |
| Style: | Bungalow |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Carport, Driveway, Garage |
Interior
| Cooking Appliances: | Range |
| AC/Cooling: | Central, Wall/Window Unit(s) |
| Equipment: | Dishwasher, Gas Or Electric Dryer Hookup, Inside, Refrigerator |
| Heating: | Central, Ductless |
| Fireplace Rooms: | Decorative, Living Room |
| Laundry: | Gas Or Electric Dryer Hookup, Inside |
Exterior
| Pool: | No |
| Roof: | Composition |
Detailed Map
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