141 N Bonnie Avenue, Pasadena, California 91106, Pasadena, 91106 - bed, bath
ACTIVE$1,795,000
141 N Bonnie Avenue, Pasadena, California 91106
0Bed
0Bath
4,566Sqft
8,028Lot
Year Built
1927
Close
-
List price
$1.79M
Original List price
$1.79M
Price/Sqft
$393
HOA
-
Days on market
-
Sold On
-
MLS number
AR25024626
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.79M(75th), sqft - 4566(75th), beds - undefined(50th), baths - undefined(50th).
OWNER USER GREAT OPPORTUNITY! - LIVE IN ONE & RENT OUT THREE!! Prime South and Central Pasadena Location. Total Charm building with beautiful architecture. Huge units with some tenants using as two bedrooms. Private/Enclosed Garages. Washer & Dryer Hook-Ups in Units and Hardwood Floors. Two story garden style. Very Rare Opportunity. Low maintenance building. Buyer Must Verify All Information during due diligence and before removing any and all contingencies and rely on Buyer's own thorough investigation prior to any purchase. Bring Offer.
Condition Rating
Poor
Built in 1927, this property is over 50 years old with no explicit mention or visual evidence of extensive recent renovations to major systems, kitchens, or bathrooms. While the exterior appears well-maintained and some units feature hardwood floors, the property analysis explicitly notes the 'Absence of Modern HVAC Systems' and 'Potential System Upgrades' for plumbing and electrical. The lack of images for kitchens and bathrooms, combined with the property's age, strongly suggests these areas are significantly outdated and would require substantial rehabilitation to meet current quality and comfort standards. This aligns with the 'poor' classification, indicating a need for significant investment in major system replacements and interior modernizations.
Pros & Cons
Pros
Income Potential & Flexibility: Exceptional owner-user opportunity to live in one unit and rent out three, providing significant income generation and financial flexibility.
Prime Location: Situated in a highly desirable South and Central Pasadena location, offering strong rental demand and potential for appreciation.
Architectural Charm & Features: A charming building with beautiful architecture, hardwood floors, and a two-story garden style, enhancing its aesthetic appeal and tenant desirability.
Tenant-Friendly Amenities: Features huge units (some used as two bedrooms), private/enclosed garages, and in-unit washer & dryer hook-ups, highly attractive amenities for renters.
Low Maintenance & Rarity: Described as a low-maintenance building and a very rare opportunity, suggesting reduced operating costs and a unique, sought-after asset in the market.
Cons
Age of Property & Potential System Upgrades: Built in 1927, the property, while charming, may require significant future investment in updating major systems (e.g., plumbing, electrical, HVAC) not explicitly mentioned as upgraded.
Intensive Due Diligence Required: The strong emphasis on 'Buyer Must Verify All Information' suggests that extensive and potentially costly due diligence will be necessary to uncover all property specifics and potential issues.
Absence of Modern HVAC Systems: Given its 1927 construction, the property likely lacks modern central air conditioning and heating, which could be a drawback for tenant comfort and market competitiveness in Pasadena's climate.