This is your classic mid-century garden apartment building with 8 very easy to rent units and located in prestigious South Pasadena. The location is close to the heart of South Pasadena's business district and a short drive to downtown Los Angeles and Old Town Pasadena. The unit mix consists of (7) 1 bedroom units and (1) 2 bedroom unit catering to a diverse range of tenants. The building has 6,315 square feet of living space and a lot size of 8,767 square feet. The property is individually metered for gas and electricity. A laundry room with a sink is conveniently located on-site. Parking is provided with 8 covered car ports each with their own storage cabinets. A new roof at a cost of over $39,000 was put on in 2018. Tremendous up-side on rents. One vacant unit to immediately bring up to market rent. This property represents a great value-add opportunity for the discerning investor.
This is your classic mid-century garden apartment building with 8 very easy to rent units and located in prestigious South Pasadena. The location is close to the heart of South Pasadena's business district and a short drive to downtown Los Angeles and Old Town Pasadena. The unit mix consists of (7) 1 bedroom units and (1) 2 bedroom unit catering to a diverse range of tenants. The building has 6,315 square feet of living space and a lot size of 8,767 square feet. The property is individually metered for gas and electricity. A laundry room with a sink is conveniently located on-site. Parking is provided with 8 covered car ports each with their own storage cabinets. A new roof at a cost of over $39,000 was put on in 2018. Tremendous up-side on rents. One vacant unit to immediately bring up to market rent. This property represents a great value-add opportunity for the discerning investor.