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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
| Last Updated | 5/5/2026 | Tract | Not Applicable |
|---|---|---|---|
| Year Built | 1888 | County | Los Angeles |
Price History
| Prior to May 5, '26 | $2,600,000 |
|---|---|
| May 5, '26 - Today | $2,300,000 |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Range, Refrigerator |
| HEAT | Wall Furnace |
| LOT | 0.2961 acre(s) |
| LOT DIMENSIONS | 12900 |
| PARKING | Off Street, Paved, Shared Driveway |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| SUBDIVISION | Not Applicable |
| VIEW DESCRIPTION | None |
Location
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