UPDATED:
02/13/2025 02:46 PM
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25017098
HOA Y/N No
Year Built 1989
Lot Size 0.344 Acres
Property Sub-Type Condominium
Property Description
5 remodeled units ready for immediate move in and 9 units with long term tenants. This apartment building offers a combination of one- and two-bedroom units, featuring amenities such as new laminate wood flooring and private balconies. The property is situated in a gated community and includes a laundry room, covered parking, and copper plumbing. Built in 1989, this asset presents significant potential for rental income growth. The building includes 9 units with long-term, well-established tenants and 5 vacant units, each 1-bedroom, 1-bath. These vacant units have been fully renovated, boasting new floors, fresh paint, updated kitchens, and modern bathrooms allowing the new owner the flexibility to choose and put their own tenants in place right away.
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Zoning PSR1
Interior
Interior Features Balcony
Heating Electric
Cooling None
Flooring Laminate
Fireplaces Type None
Fireplace No
Laundry Common Area, Inside, Laundry Room
Exterior
Parking Features Covered, Community Structure
Pool None
Community Features Urban
Utilities Available Sewer Connected
Accessibility Parking
Private Pool No
Building
Story 1
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5725011017
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
