1210 Altadena Drive
Pasadena, CA,
$2,350,000
Beds
0 Baths
SqFt
0.18 Acres
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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

Property Details

Price:
$2,350,000
MLS #:
P1-19940
Status:
Active
Baths:
0
Address:
1210 Altadena Drive
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
646pasadenane
City:
Pasadena
Listed Date:
Nov 11, 2024
State:
CA
ZIP:
Lot Size:
7,828 sqft / 0.18 acres (approx)
Year Built:
1960
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Schools

Interior

Appliances
Electric Cooktop, Gas Water Heater, Electric Oven
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Flooring
Laminate
Heating
Wall Furnace
Interior Features
Balcony, Storage, Copper Plumbing Partial
Window Features
Custom Covering, Drapes

Exterior

Community Features
Biking, Park, Dog Park
Exterior Features
Balcony
Fencing
Wood
Garage Spaces
0.00
Lot Features
Front Yard, Sprinklers Timer
Parking Features
Assigned, Detached Carport
Parking Spots
6.00
Pool Features
None
Roof
Rolled/ Hot Mop, See Remarks
Sewer
Unknown
Spa Features
None
Stories Total
2
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
Cable T V, Gas, Electricity

Map

Community

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1210 Altadena Drive
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