$ 2,350,000
1210 Altadena Drive Pasadena, CA
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Listed by Eddie Kanouse • Coldwell Banker Realty
$ 2,350,000
Est. payment /mo
Active
1210 Altadena Drive Pasadena, CA
3,792 SqFt
UPDATED:
11/13/2024 10:33 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,792 sqft
Price per Sqft $619
MLS Listing ID CRP1-19940
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1960
Lot Size 7,828 Sqft
Property 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
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplace No
Appliance Gas Water Heater
Laundry Laundry Room, Other
Building
Lot Description Other, Front Yard
Water Public
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