531 Prescott ST Pasadena, CA 91104

Located in a historic area, surrounded by majestic trees and mature greenery, this unique investment opportunity provides a turn-key operation. The property is currently licensed as an independent living facility for the visually impaired. New use to be determined by new ownership and approved by the city. This 18-room facility features a main-residence with a common kitchen, commercial dishwasher, a walk-in pantry, refrigerator, and a commercial walk-in freezer. Also featured: common area/recreational living room, a separate dining room, and additional suites with baths perfect for on-site attendant.

Individual rooms are approximately 250 square feet and feature large walk-in closets, full size bath for upstairs units, 3/4 baths for downstairs units. Each unit is outfitted with intercoms, wall A/C, radiant heat, and a fire sprinkler system. The property is also equipped with an elevator lift, a laundry room with two washers and two dryers (owned by the building), and two courtyard sitting areas. Residents of the subject property benefit from its close proximity to public transportation, shopping hubs, and diverse public-use facilities.

Seller is a non-profit organization and will be selling the property in an "as-is, where-is" condition.