1728 N Sierra Bonita AVE Pasadena, CA 91104
Active
$3,890,000
8 Units
4 Beds
3 Baths
n/a Area(sq.ft.)
15,690 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 2 | No | $ 3,750 | $ 3,750 | $ 3,900 |
| Unit 2 | 7 | 1 | 1 | No | $ 2,519 | $ 17,635 | $ 18,200 |
| 2 | 8 | 10 | 9 | $ 21,383 | $ 127,195 | $ 131,300 |
| MLS #: | AR24112754MR |
| Days On Market: | 3 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per unit: | $ 486,250 |
| Year Built: | 1963 |
Property Details
1728 Sierra Bonita is a turnkey and beautifully upgraded 8 single-story bungalows by the San Gabriel foothill mountain area. It offers an excellent unit mix of 1 x 3bed+2bath front house (with parking garage), and 7 x 1bed+1bath bungalows (with front yard). Situated in the prestigious San Gabriel Mountain foothill area, and within walking distance to Altadena Country Club and Altadena Golf Course, and just within minutes to eaton canyon area this exclusive property offers superb amenities to tenants. It is in a quiet residential area surrounded by mostly multi-million dollars SFR. Located just several properties away from world renown EF International Language Campus (www.EF.com ), and EF Academy, this strategic location provides excellent location for international students, or short rentals. The area commands a fantastic demographic of $170,962 Average Household Income within a-mile-radius. . Each unit has been completely upgraded inside out with modern and attractive upgrades such as: in-unit laundry machines, new flooring, new kitchen with modern kitchen countertops + cabinets + kitchen appliances, new tiled bathroom, new mini-split HVAC systems. The exterior has been completely upgraded with new paint throughout, new landscaping, new fence + gate, new driveway, and so much more. Each unit is individually metered for electricity and gas, and any house electrical and gas bills are billed back to tenants. Parking is provided by combination of private attached garage, attached carports, and shared attached garages. This property can be purchased individually or together with the 2 adjacent properties (# 1710 and #1704).Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Gross Operating Income: | $ 251,485 |
| Total Annual Expense: | $ 61,013 |
| Net Operating Income: | $ 190,471 |
| Cap Rate: | 4.9% |
| Gross Rent Multiplier: | 15.16 |
| Actual Gross Rent: | $ 21,385 |
Structure
| Community Features: | Mountainous, Valley |
| Style: | Bungalow |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | PSR1 |
| Land Lease Type: | Fee |
| Parking Garage: | Assigned |
Interior
| Cooking Appliances: | Range |
| AC/Cooling: | Wall/Window Unit(s) |
| Equipment: | Dishwasher, Dryer, Dryer Included, Gas Dryer Hookup, Washer, Washer Hookup, Washer Included |
| Heating: | Wall |
| Fireplace Rooms: | None |
| Laundry: | Dryer, Dryer Included, Gas Dryer Hookup, Washer, Washer Hookup, Washer Included |
| Laundry Equipment: | Own |
Exterior
| Pool: | No |
| Roof: | Asbestos Shingle |
| Spa: | No |
Detailed Map
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