Realty Masters & Associates, Inc.
Carlos Cabrera, Realty Masters & Associates, Inc.Phone: (323) 855-9331
Email: [email protected]
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listing
1 of 43
Single FamilySold
List Price $2,400,000
Sold Price $1,800,000
1160 Oxley Street
South Pasadena, CA 91030
Listed by Paul Meyer [email protected] Paul Meyer, Broker
MLS: California Regional MLS (CRMLS)
6Beds
3Baths
3,800Sq Ft
Est. Mortgage
$12,488/mo

The property contains two structures; a main house fronting Fremont (1023) and a small mother-in-law unit on Oxley (1160). In fact, the small unit technically has the 1160 Oxley address. There are existing floor plans for the two structures in the photos section. There is access to the carport and concrete parking from an alleyway that parallels Fremont on the west. Per communications with the city of South Pasadena, the property is zoned for both residential and commercial office uses. The buyer is to check with the city of South Pasadena to confirm details. The seller prefers a purchase offer that do not include contingencies for inspection or repairs, due to the poor condition of the property. The property is being sold on an "as-is" basis. The proper vesting of ownership from Rosemary Children's Services, Inc. (aka "Rosemary") to Victor Treatment Centers, Inc., (aka "Victor") successor by merger, will occur during the escrow process. Contact agent, or Michelle Pasqual of First American Title and Peggy Chien of Central Escrow to understand this contingency. Victor Treatment Centers, Inc. acquired this property, along with 4 other homes in the greater Pasadena area, through an acquisition / merger with Rosemary Children's Services, Inc. in 2018. Technically, the assessor's office still shows Rosemary as the owner, but Victor controls the property, and is in the process of transferring title to Victor Treatment Centers, Inc. See contingency in the Office / MLS tab.

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Information courtesy of Paul Meyer, Broker is subject to verification and is not guaranteed.
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