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Key Details
Sold Price $3,600,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV22133783
Sold Date 09/12/22
Bedrooms 1
HOA Y/N No
Lot Size 0.255 Acres
Property Description
Turnkey 13 unit apartment building in Pasadena offers large upside with below-market rents, amenities and upgrades 2 blocks from San Marino. Newly painted (in 2021) and gated building with 2 carport spaces per units offers opportunity for additional income. The coin-operated, owner-owned washing machine and dryer are located in a separate room, giving the owner passive income. Security cameras were installed in 2019 for $8,600. Tenants like the proximity to CalTech, PCC, the 210 freeway, and Old Town Pasadena. Download the OM supplement for additional information. Agents, please read Agent Remarks.
Turnkey 13 unit apartment building in Pasadena offers large upside with below-market rents, amenities and upgrades 2 blocks from San Marino. Newly painted (in 2021) and gated building with 2 carport spaces per units offers opportunity for additional income. The coin-operated, owner-owned washing machine and dryer are located in a separate room, giving the owner passive income. Security cameras were installed in 2019 for $8,600. Tenants like the proximity to CalTech, PCC, the 210 freeway, and Old Town Pasadena. Download the OM supplement for additional information. Agents, please read Agent Remarks.
Location
State CA
County Los Angeles
Area Pasadena (91107)
Zoning Assessor
Interior
Heating Electric
Cooling Other/Remarks
Appliance Other/Remarks
Exterior
Parking Features Unit1:Assigned
Roof Type Composition
Building
Story 2
Sewer Sewer Connected
Level or Stories 2 Story
Others
Acceptable Financing Exchange
Space Rent $1,107
Listing Terms Exchange
Financing Assumable
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Bought with AMY LAM • RE/MAX MASTERS REALTY