1210 Altadena Drive
Pasadena, CA
0.18 acres | #P1-19940
Description
6 unit building in East PasadenaThe complex offers a desirable unit mix of 2- 2 - bedrooms 1 Ba units- one with patio & fenced yard. 4- 1- bedroom 1- Ba units: 2 units have yards. 2 units have balcony's with stunning mountain views.The upgrades consist of Newer premium wide plank laminate flooring, Granite & tile tops, New and remodeled baths, 6 New electric sub panels, 6- updated water heaters, 7 separate Gas & 7-Electric meters, The building had received new roof aprox 10 yrs old, has had copper re-pipe added. The covered parking is the rear off nicely maintained alley. Concrete pad for 6 cars, separate utility room with new washer and dryer (owned) not rentals. Adjoining storage room for owners use. concrete walkways mature landscaping, notice Steel and concrete stair cases. 4 units are now offered vacant and move in ready, for owner occupant investor. no relocation fees to pay. no soft story retrofit.The offering is a low maintenance, well maintained investment offering upside growth to the buyer. This is a long term ownership property to be proud of.With prior rents on vacant units generating a 4.1 cap rate and Grm 18.9 At Market rates Cap rate 5.2 Grm 15.7
Interior Details
- InteriorBalcony, Storage
Property Details
- Lot DescriptionFrontYard, SprinklersTimer
- Exterior MaterialsBalcony
- Stories2
Measurements
- Acres0.1797
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1960
Utilities / Energy Details
- Sewer InformationUnknown
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionOther
Location
- CountyLos Angeles
Financial Details
- Original List Price$2,350,000
Other
- MLS #P1-19940
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Eddie Kanouse (#p3195)
Listing Office: Coldwell Banker Realty (#PF243)
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