$1,299,999
$1,099,000
18.3%For more information regarding the value of a property, please contact us for a free consultation.
0.29 Acres Lot
SOLD DATE : 11/01/2024
Key Details
Sold Price $1,299,999
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-18865
Sold Date 11/01/24
HOA Y/N No
Year Built 1954
Lot Size 0.290 Acres
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.
Location
State CA
County Los Angeles
Area 646 - Pasadena (Ne)
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating None
Cooling None
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Concrete, Driveway, Garage Faces Front, Garage
Garage Spaces 4.0
Garage Description 4.0
Fence Block, Chain Link
Pool None
Community Features Sidewalks
View Y/N No
View None
Parking Type Concrete, Driveway, Garage Faces Front, Garage
Total Parking Spaces 8
Private Pool No
Building
Lot Description Sprinklers None
Story 2
Entry Level One,Two
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One, Two
Others
Senior Community No
Tax ID 5731001004
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Seller Financing
Special Listing Condition Standard, Trust
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Bought with DANIEL RACEDO • EXP REALTY OF CALIFORNIA INC
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Realtor® | Lic# 01332311