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Image 1 - 531 Prescott St, Pasadena, California, 91104 - House for sale
Image 2 - 531 Prescott St, Pasadena, California, 91104 - House for sale
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Image 4 - 531 Prescott St, Pasadena, California, 91104 - House for sale
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Prescott St, Pasadena, Home For Sale
531 Prescott St, Pasadena, California, 91104

Prescott St, Pasadena, Home For Sale

house for sale
Listed: 07/17/24

531 Prescott St, Pasadena, California, 91104

2 Bed:
21 Bath:
8,852 Sq Ft Living Area:
Save
Price
$ 3,53M
Price:  Increased

About This House

Listed at a 6.69% CAP rate and9.59 GRM.Located in a historic area, surrounded by gracious majestic trees and mature greenery, this gated, unique investment opportunity provides a turn-key operation. There are 19 bachelor units plus a 2 bed/2 bath house + office. The bachelor units have a freestanding sink, refrigerator, electric stovetop, new mini-split AC units, and a full bathroom. There are new heating / air conditioning units in each apartment. Each unit features Overview a convenient, walk-in closet.

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Craftsman Heights Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In August 2024, the asking price for 2 bed houses for sale in/near Craftsman Heights, Pasadena, United States averaged $1,269,471, an increase of 12.8% from the previous month.
Median price trends for properties for sale in Craftsman Heights, Pasadena, United States as of August 2024.

Household Income

Median household income: $76,264
Number of households: 54,734
The average household income in Pasadena, CA grew from $73,029 to $76,264 in the past year. This data is an estimate based upon 54,734 households in Pasadena, CA.
The chart below presents how household income is distributed in Pasadena, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Pasadena, CA compared to median property taxes around the country. The prevalent amount of property taxes in Pasadena, CA equals $3k+ , which is more than the national average.