Meridian Terrace Apartments is truly a one-of-a kind, sixteen-unit, trophy multifamily investment property located in prime South Pasadena. The property is comprised of one 3/2 single family residence, a 13-unit apartment complex and one duplex. 1722 Meridian Avenue – Single family residence (3 x 2) has been completely renovated from floor to ceiling with custom recessed lighting, quartz kitchen/bathroom counters, gas living room fireplace, central air/heat, new stainless steel appliances, including gas washer and dryer hookups. There is an outside patio and rear yard. Building also has a pitched composition shingled roof. 1724 Meridian Avenue – This three-story, wood frame, multifamily apartment building was custom built by the original owner with style and comfort in mind. Approximately seven of the two-bedroom, one bath units have been upgraded. Units 1724 A, B, C, and E have large yards. Each additional unit has either a patio, balcony or both. Tenants also benefit from a common area laundry room. The custom penthouse apartment boasts spectacular views from its two large patio decks. This luxurious 2,000 plus square foot penthouse has a private elevator and has been renovated with custom flooring, lighting, gas living room/dining room fireplace, kitchen/bath quartz counters, stainless steel appliances including gas washer and dryer hookups. Building also has a slightly pitched, rolled composition roof. 1728-1730 Meridian Avenue – This charming one-story over garages, wood frame duplex has also been renovated with a gas living room fireplace in each of the units. There are original wood floors and gas washer and dryer hookups. Each unit has a one car garage and one additional open parking space in the front driveway. There is also a shared, well-groomed front yard, and each unit has a private backyard. Building also has a pitched composition shingled roof.