Property Detail
Description
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
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Listing provided courtesy of Ryan Carmichael of Taka Realty Inc.. Last updated 2026-05-09 08:11:28.000000. Listing information © 2026 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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