1210 Altadena Drive, Pasadena, CA
-
Listed Price :
$2,350,000
-
Beds :
N/A
-
Baths :
-
Property Size :
N/A sqft
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Year Built :
1960
Property Description
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 15.7
Interior Features
| Laundry Information |
| Location(s) |
Laundry Room, Outside |
| Bedroom Information |
| Bedrooms |
N/A |
| Flooring Information |
| Material |
Laminate |
| Interior Information |
| Features |
Balcony, Storage |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
1210 Altadena Drive |
| City |
Pasadena |
| State |
CA |
| County |
Los Angeles |
| Listing Agent |
Eddie Kanouse DRE #00939285 |
| Courtesy Of |
Coldwell Banker Realty |
| List Price |
$2,350,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Apartment |
| Structure Size |
N/A |
| Lot Size |
7,828 |
| Year Built |
1960 |
Listing information courtesy of: Eddie Kanouse, Coldwell Banker Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 2:02 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
