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Key Details
Sold Price $1,299,999
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-18865
Bedrooms 5
Lot Size 0.290 Acres
Type of Financing Cash,Conventional
Property Description
Great opportunity to own a 7-unit apartment building strategically located in a charming neighborhood of Pasadena! The property features a well-rounded mix of units: four 1-bedroom, 1-bath units; two 2-bedroom, 2-bath units; and one expansive 3-bedroom, 2-bath unit, all currently tenant-occupied, ensuring immediate rental income. Property is comprised of 3 buildings. The front building was a craftsman home that was converted into a triplex. The middle building is a ground-level duplex. The rear building has 4 single-car garages, with a duplex above them. The property also includes ample parking, adding to the appeal, and is located just a few short blocks from markets & restaurants on N Lake Ave. Immense potential for those looking to capitalize on an investment with significant upside potential in a sought-after city.
Great opportunity to own a 7-unit apartment building strategically located in a charming neighborhood of Pasadena! The property features a well-rounded mix of units: four 1-bedroom, 1-bath units; two 2-bedroom, 2-bath units; and one expansive 3-bedroom, 2-bath unit, all currently tenant-occupied, ensuring immediate rental income. Property is comprised of 3 buildings. The front building was a craftsman home that was converted into a triplex. The middle building is a ground-level duplex. The rear building has 4 single-car garages, with a duplex above them. The property also includes ample parking, adding to the appeal, and is located just a few short blocks from markets & restaurants on N Lake Ave. Immense potential for those looking to capitalize on an investment with significant upside potential in a sought-after city.
Location
State CA
County Los Angeles
Area Pasadena (91104)
Zoning Assessor
Exterior
Exterior Feature Brick, Stucco, Wood
Building
Lot Description Sidewalks
Story 2
Others
Acceptable Financing Cash, Conventional
Space Rent $1,034
Listing Terms Cash, Conventional
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Bought with DANIEL RACEDO • EXP REALTY OF CALIFORNIA INC
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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