Multi-Family for sale in Southern California — $2,300,000. 0 baths. 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…
$2,300,000
522 524 San Pascual Avenue, Los Angeles, CA 90042
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
Listing updated: July 1, 2026 at 10:31 AM
Listed by: Ryan Carmichael, Taka Realty Inc.
Source: CRMLS, MLS#: P1-26449, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
5/05/2026 Source: CRMLS, #P1-26449 | Price change | $2,300,000-11.5% |
| 3/26/2026Source: CRMLS, #P1-26449 | Listed for sale | $2,600,000 |
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