About 1020 Meridian Avenue
These 3 Bungalow units are in the heart of South Pasadena consisting of a 3 bedroom, 2 bathroom, den/convertible bedroom, living room home, 1,047 sf (M), and 2 - 1 bedroom, 1 bathroom with living room, patio or gated side yard, measuring 559 sf and 608 sf. Great opportunity to live in one unit and enjoy the income from the other units or keep as a long-term investment. Owned by the same family since 1980, these units still maintain some of the original charm and are ready for a refresh. Each unit comes with its own stove and refrigerator and there is shared laundry enclosure with washer and dryer on the exterior of the front building. A large concrete pad provides space for 6 cars, parked tandem off-street. Landlord pays water, trash, and gardener. Tenants pay gas and electric. Gas and Electric are metered separately. There is additional land that may provide space for ADU (buyer to verify). A block from the Metro Station and just yards from the weekly Farmer's Market, shops, restaurants, and library. Offering South Pasadena schools. Property is on the city's historic list. 1020 Meridian (3bd/2ba + bonus room): To be Delivered Vacant at Close of Escrow. 1020 1/2 Meridian: Tenant Occupied. 1020 1/4 Meridian: Tenant Occupied.
