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This 11-unit apartment building has a great unit mix consisting of (1) 3 Bedroom 2 bath, (2) 2 bedroom 1 bath and (8) 1 bedroom 1 bath units. The building is a very large 7,492 square feet and is situated on a large lot of 15,382 square feet. The existing owner has spared no expense whenever a vacancy has occurred with improvements like new flooring, new bathrooms, new paint, new kitchens, new stainless steel appliances including dishwashers and wine coolers, new light fixtures, new hardware throughout, new blinds, new locks, new split AC/Heat units in the living room and bedrooms and new individual stacked washers and dryers. As a result, the 1 bedroom units with these improvements are now renting for $2,500 per month. The 2nd floor units boast vaulted ceilings and select units have sliding glass doors and large balconies or patios. The property is situated in a great central Pasadena location close to Cal Tech and PCC. Existing low interest rate loan is assumable. This impressive property would be a desirable addition to any portfolio.
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"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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 29th March, 2023 12:16 AM (UTC)
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 29th March, 2023 12:16 AM (UTC)
Listing Agent: Matthew Bryant
Listing Office: Berkshire Hathaway HomeServices California Propert