148 N Mar Vista AVE Pasadena, CA 91106
8,681 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home, Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26220279
HOA Y/N Yes
Year Built 2009
Lot Size 8,681 Sqft
Property Sub-Type Condominium
Property Description
Situated on a meticulously landscaped ±8,682 square foot lot with a total building area of ±7,450 square feet, the property was built in 2009 and offers relatively low maintenance, making it highly attractive to long-term investors and buyers seeking the flexibility to sell each unit individually.
The five-unit asset sits south of Interstate 210 and a few blocks from Colorado Boulevard, offering convenient access to grocery stores, pharmacies, restaurants, and specialty retail, including Target, Apple Store, Vroman's Bookstore, and Urth Café. Mar Vista Avenue features a unit mix of one 3-bedroom/3-bathroom and four 3-bedroom/3.5-bathroom two-story, townhouse-style residences, with a generous average unit size of ±1,496 square feet. Built in 2009, the community is meticulously maintained and offers a well-appointed amenity package designed for comfort and convenience. Interior features include open-concept kitchens with stainless steel appliances and granite countertops, in-unit stackable washers and dryers, primary suites with double vanities, and spacious private patios and balconies. The community provides residents with a gated entry, a courtyard with seating area, lush landscaping, a subterranean parking garage, an elevator, two stairwells, and ample street parking.
The property's location is a significant driver of value, situated within walking distance to Pasadena City College and near Lake Metro Rail Station on the Metro A Line, with direct light rail service to Downtown Los Angeles. Residents are just minutes from the Pasadena Playhouse District, Old Pasadena, The Shops on Lake Avenue, and Paseo Colorado, with easy access to the 210, 134, 110, 2, and 5 Freeways. Within 20 miles are the Huntington Library, Rose Bowl, Dodger Stadium, Santa Anita Park, Griffith Observatory, Los Angeles Zoo, Hollywood Bowl, and Universal Studios, offering a unique blend of urban accessibility and recreation.
148 N Mar Vista Avenue is a stable, newly built asset in Pasadena's high-demand submarket. Whether for a 1031 Exchange buyer, a first-time investor, or a seasoned investor, this offering of five prime condos provides long-term stability and significant growth potential underpinned by strong economic and demographic fundamentals.
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Zoning PSR4
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Stacked
Exterior
Parking Features Underground
Garage Spaces 9.0
Garage Description 9.0
Pool None
Community Features Curbs, Foothills, Sidewalks
Total Parking Spaces 9
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5738014027
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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