6 unit building in East PasadenaThe complex offers a desirable unit mix of 2- 2 - bedrooms 1 Ba units- one with patio & fenced yard. 4- 1- bedroom 1- Ba units: 2 units have yards. 2 units have balcony's with stunning mountain views.The upgrades consist of Newer premium wide plank laminate flooring, Granite & tile tops, New and remodeled baths, 6 New electric sub panels, 6- updated water heaters, 7 separate Gas & 7-Electric meters, The building had received new roof aprox 10 yrs old, has had copper re-pipe added. The covered parking is the rear off nicely maintained alley. Concrete pad for 6 cars, separate utility room with new washer and dryer (owned) not rentals. Adjoining storage room for owners use. concrete walkways mature landscaping, notice Steel and concrete stair cases. 4 units are now offered vacant and move in ready, for owner occupant investor. no relocation fees to pay. no soft story retrofit.The offering is a low maintenance, well maintained investment offering upside growth to the buyer. This is a long term ownership property to be proud of.With prior rents on vacant units generating a 4.1 cap rate and Grm 18.9 At Market rates Cap rate 5.2 Grm 15.7
|
DAYS ON MARKET
|
14
|
LAST UPDATED
|
11/12/2024
|
|
TRACT
|
Other
|
YEAR BUILT
|
1960
|
|
COMMUNITY
|
Pasadena (NE)
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Electric Cooktop, Electric Oven, Gas Water Heater |
| AREA |
Pasadena (NE) |
| CONSTRUCTION |
Drywall, Stucco |
| EXTERIOR |
Balcony |
| GARAGE |
Assigned, Detached Carport |
| HEAT |
Wall Furnace |
| HOA DUES |
0 |
| INTERIOR |
Balcony, Storage |
| LOT |
7828 sq ft |
| LOT DESCRIPTION |
Front Yard, Sprinklers Timer |
| PARKING |
Assigned,Detached Carport |
| POOL DESCRIPTION |
None |
| SEWER |
Unknown |
| STORIES |
1 |
| STYLE |
Traditional |
| SUBDIVISION |
Other |
| VIEW |
Yes |
| WATER |
Public |
| ZONING |
PSR3 |
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Listed with Coldwell Banker Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/25/24 3:20 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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