Stacey Alysson Melman

524 San Pascual AV Los Angeles CA 90042 MLS #P1-26449

524 San Pascual AV
Los Angeles, CA, 90042
$2,300,000
Beds
0 Baths
0 SqFt
0.3 Acres
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MLS #P1-26449 image #0
DUAL ASSET property in Garvanza/Highland Park — 8-unit apartment building (built 1963) + detached 3BR/1.75BA Tudor home (built 1888) on one ~13,000sqft parcel. NOT a traditional 9-unit offering — the two assets are valued separately (building on multifamily cap rates, house on Garvanza residential comps). OWNER-OCCUPANT PLAY: Live in a proper detached home, not a converted apartment, while 8 apartments generate rental income. Building 100% occupied with meaningful market rent upside. HISTORIC: The detached Tudor is the Olive Percival ‘Down-hyl Claim’ house — documented in Highland Park’s early artistic community MAJOR CAPEX COMPLETED: electrical panels (2026), copper plumbing (2016), new sewer line (2016), new cement parking lot (2016). Separately metered gas/electric, on-site laundry, 10 on-site parking spaces. Prime Garvanza/Highland Park location — near South Pasadena, Pasadena, Downtown LA, and the 110 Freeway. Subject to LA Rent Stabilization Ordinance
AGENT: Ryan Carmichael
LISTING BROKERAGE: Taka Realty Inc.
524 San Pascual AV
Los Angeles, CA

Property Details

Price:
$2,300,000
MLS #:
P1-26449
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Listed Date:
Mar 26, 2026
Total Sq Ft:
6,730
Lot Size:
12,900 sqft / 0.30 acres (approx)
Year Built:
1888
None
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Schools

Interior

Appliances
RF, GR
Cooling
WW
Heating
WL
Laundry Features
AR
Levels
U

Exterior

Common Walls
_2CW
Community Features
SDW
Parking Spots
10
Parking Total
10
Spa Features
NO
View
NO

Financial

Maintenance Fee
$12,000
Net Operating Income
$101,908

Map

Community

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