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
See this Listing
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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
- Address1210 Altadena Drive Pasadena CA
- Area646 – Pasadena (NE)
- CityPasadena
- CountyLos Angeles
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Courtesy of Coldwell Banker Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1210 Altadena Drive
Pasadena, CA
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