1860 N Summit AVE Pasadena, CA 91103
Active
$1,230,000
3 Units
5 Beds
4 Baths
1,655 Area(sq.ft.)
2,974 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
Unit 1 | 1 | 3 | 2 | No | n/a | $ 45,540 | $ 3,795 |
Unit 2 | 1 | 2 | 1 | No | $ 2,350 | $ 28,200 | $ 2,350 |
Unit 3 | 1 | studio | 1 | No | $ 1,350 | $ 16,200 | $ 1,350 |
3 | 3 | 5 | 4 | $ 3,700 | $ 89,940 | $ 7,495 |
MLS #: | TR24246929MR |
Days On Market: | 1 |
County: | Los Angeles |
Property Type: | Residential Income |
Price per ft2: | $ 743 |
Price per unit: | $ 410,000 |
Year Built: | 1915 |
Property Details
Cash positive legal duplex with a non-conforming garage conversion studio. Stylish and turnkey. The property is zoned Commercial Residential so you can also run a business there. The property is on a corner lot and thus has two separate addresses. The other address is 150 E. Tremont St. All tenants are strong renters that pay on time and take great care of the premises. The larger unit is 2 bedroom with a finished attic space that is huge and can function as an additional room or office space.Interested in this Listing?
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Income Details
Rent Control: | False |
Total Annual Expense: | $ 5,000 |
Net Operating Income: | $ 85,900 |
Actual Gross Rent: | $ 89,940 |
Structure
Community Features: | Biking, Curbs |
Sewer: | Public Sewer |
Water: | Public |
Land & Parking
Zoning: | PSC- |
Land Lease Type: | Fee |
Interior
Cooking Appliances: | Oven-Gas, Range |
AC/Cooling: | Central |
Equipment: | Dishwasher, Other |
Heating: | Central |
Fireplace Rooms: | None |
Laundry: | Other |
Laundry Equipment: | Own |
Laundry Income: | 960.00 |
Exterior
Pool: | No |
Detailed Map
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