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$1,400,000   Price Analysis
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718 Mound Ave
South Pasadena, CA 91030
2 bed 2 bath 1,944 SqFt ($720/SqFt)
6,432SqFt lot. Built 1934
Listed 2024-05-08, Taxes $2,155
Ⓧ USDA Ineligible
due to price & location

near South Pasadena

Opportunity knocks: Introducing an exciting opportunity to own a duplex in coveted South Pasadena.

* Has Contingent Offer *

This prime property is located in the heart of South Pasadena, steps away from Mission Street. Boasting two open units, one thoughtfully redesigned with modern finishes and amenities and the other half completed, offering a perfect opportunity for the investor or end user. 1500 Hope has a private front entrance with front porch and a lovely rose garden and multiple fruit trees. In this 2 bedrm, renovated unit, you'll find large rooms with gleaming hardwood floors throughout. The living room faces Hope St. and features period windows and that flood the rooms with natural light. Adjacent is a large bedroom with a walk-in closet. There is an additional rear bedroom with a walk-in closet as well. The kitchen has been remodeled in a vinta ge style with a greenhouse window overlooking the rear yard.

There is a separate breakfast room. The remodeled bathroom has vintage touches. Enjoy the convenience of an inside laundry room off a private separate rear entrance, leading to the driveway and detached garage. .718 Mound is the front unit. and you'll be amazed at the gleaming hardwood floors and stunning fireplace. The room is flooded with natural light from multiple windows. This is an exciting opportunity to customize and finish this partially completed renovation. The kitchen & bathroom are partially finished with all the cabinets. Needed are all the plumbing fixtures and finishing touches. The large bedroom features gleaming hardwood floors and a large walk-in closet. This is a unique chance to personalize the space with the finishing touches. Imagine the possibilities as you work to choose finishes and select premium features. Whether an end-user or investor, this duplex offers limitless potential. Don't miss out on the chance to own a duplex in this highly desirable neighborhood, with proximity to shopping, dining, schools nd more!


Presented by Nancy Valentine at
Nancy Valentine, Broker.
Listing Agent Photo

Property MLS #P1-17568 from CRMLS

Bedrooms: 2

Appliances: Refrigerator
Appliances YN: Yes
Laundry Features: Inside, Washer Hookup, Individual Room

Full Bathrooms: 2

Heating: Yes

Flooring: Wood

Awning(s)
Fencing: Fence YN: Yes, Fencing: Partial

Lot Description: Corner Lot, Sprinklers On Side, Sprinklers In Front
Lot Size Acres: 0.1476584
Lot Size Source: Assessor
Lot Size Square Feet: 6432

Garage Spaces: 1
Parking Features: Parking YN: Yes, Parking Features: Garage - Single Door, Driveway Up Slope From Street
Parking Total: 1

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 2
Bedrooms in Unit-1: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit-1 Garage Spaces: 1

Tenant Pays: Electricity, Gas
Rent Control: Yes

Community Features: Street Lights, Sidewalks

Source Listing Status: Active Under Contract
County: Los Angeles
Source Property Type: Residential Income
Inclusions: refrigerator in rear unit. No other appliances are present in the units.
Area: 658 - So. Pasadena
Source Neighborhood: 658 - So. Pasadena
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Parcel Number: 5315002064
Postal Code Plus 4: 2619
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$53,235 + $39,934
$93,169
$2,155
2021$52,192 + $39,151
$91,343
$2,106
2020$51,657 + $38,750
$90,407
$2,075
2019$50,645 + $37,991
$88,636
$2,043
2018$49,652 + $37,247
$86,899
$1,912
2017$48,679 + $36,517
$85,196
$1,883
2016$47,725 + $35,801
$83,526
$1,787
2015$47,009 + $35,264
$82,273
$1,760
2014$46,089 + $34,574
$80,663
$1,759
2013$45,881 + $34,418
$80,299
$1,759
2012$38,432 + $33,744
$72,176
$1,471
2010$37,679 + $33,083
$70,762
$1,445
2009$37,487 + $32,915
$70,402
$1,226
2009$37,398 + $32,836
$70,234
$1,226
2008$36,752 + $32,270
$69,022
$1,194
2007$36,032 + $31,638
$67,670
$1,159

Price Changed 2024-05-23
$1,400,000
CRMLS
Listed 2024-05-08
$1,600,000
CRMLS

Total Square Feet Living: 1944
Year Built: 1934
Building Features: 1
Common Walls: No Common Walls
Foundation Details: Raised
Property Age: 90
Property Condition: Under Construction, Updated/Remodeled
Roof: Asbestos Shingle
Levels or Stories: One
Structure Type: Duplex
Year Built Source: Assessor

Parking

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Electricity Connected
Water Connected
Sewer Connected
Natural Gas Connected
Water Source: Public

South Pasadena Senior High School is a public high school located approximately 0.5 miles away.
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South Pasadena Middle School is a public middle school located approximately 0.6 miles away.
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Arroyo Vista Elementary School is a public elementary school located approximately 0.9 miles away.
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Westbrook Academy is a private high school located approximately 0.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.