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$ 1,699,000
Est. payment | /mo
9 Beds
6 Baths
4,275 SqFt
$ 1,699,000
Est. payment | /mo
9 Beds
6 Baths
4,275 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,275 sqft
Price per Sqft $397
MLS Listing ID 25540149
Bedrooms 9
HOA Y/N No
Year Built 1958
Lot Size 0.276 Acres
Property Description
6 Units for sale in Prime Pasadena. One of the 2+1's units will be delivered vacant at COE . Two Buildings consisting of 3 units per building. Both buildings sit on a large 12,008 SF lot. Excellent value-add multifamily opportunity that features (6) total units: Three 2bed +1 bath, three 1bed +1 bath units and there is room to build 3+ ADUs (buyer to verify). Rents are currently on the lower side so there's about 30% upside to be had and one of the 2+1's will be delivered vacant at COE. Located in a strong rental area near transit, amenities, & the 210 freeway. A great option for investors seeking income, development potential, or a 1031 exchange opportunity. Projected GRM after Value-Add is a very low 9.
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Zoning PSR1
Interior
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Carport
Total Parking Spaces 12
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5728003033
Special Listing Condition Standard
Listed by Sam Shakerchi Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "