1210 Altadena DR Pasadena, CA
Active
$2,350,000
6 Units
8 Beds
6 Baths
3,792 Area(sq.ft.)
7,828 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| 0 | 0 | $ 0 | $ 0 | $ 0 |
| MLS #: | P1-19940PF |
| Days On Market: | 1 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 620 |
| Price per unit: | $ 391,667 |
| Year Built: | 1960 |
Property Details
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 15.7Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 24,271 |
| Net Operating Income: | $ 97,151 |
| Cap Rate: | 4.1% |
| Actual Gross Rent: | $ 123,900 |
Structure
| Community Features: | Biking, Park, Dog Park |
| Style: | Traditional |
| Sewer: | Unknown |
| Water: | Public |
Land & Parking
| Zoning: | PSR3 |
| Land Lease Type: | Fee |
| Parking Garage: | Assigned |
Interior
| Cooking Appliances: | Oven-Electric |
| AC/Cooling: | Wall/Window Unit(s) |
| Equipment: | Outside, Room |
| Heating: | Wall |
| Fireplace Rooms: | None |
| Laundry: | Outside, Room |
| Laundry Equipment: | Own |
Exterior
| Exterior Construction: | Stucco |
| Pool: | No |
| Roof: | Other, Rolled/Hot Mop |
| Spa: | No |
Detailed Map
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