142 S El Molino Avenue
Pasadena, CA, 91101
$2,525,000
Beds
0 Baths
SqFt
0.16 Acres
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ASSUMABLE FINANCING @ 3.15% INTEREST!! REMODELED INTERIORS, FULL COPPER PLUMBING, UPDATED ELECTRICAL, W/D INSIDE UNITS, TANKLESS WATER HEATERS, CENTRAL AC SYSTEMS, NEWER APPLIANCES, UPDATED WINDOWS, SOFT-STORY RETROFIT COMPLETE! We are pleased to present this fantastic 6-unit property in one of the best rental areas of Pasadena with excellent rental income. The Playhouse Village area boasts as a WALKER’S PARADISE with its close proximity to restaurants, retail and S. Lake Ave. The unit mix consists of one, large 2 Bed + 2 bath unit; one 2 Bed + 1 bath unit; two 1 Bed + 1 bath units and 2 Studio + 1 bath units. The interiors offer sheik kitchen designs with newer cabinets and countertops, updated bathrooms and showers, wood flooring and newer Air Conditioners. Given their location and look these apartments have a very strong history of renting quickly and at top rents. There are six on-site, parking spaces with wall storage cabinets for tenants. The property is FULLY sprinklered for additional safety. Separately metered for electricity and gas and each unit has their own water heater. This can be purchase separately or together with the next door, 9 unit property at 664 Mira Monte Pl., MLS# 24-413665. A rare offering for one or two properties that have been well updated and meticulously managed by the ownership. PLEASE DO NOT DISTURB THE TENANTS.

Property Details

Price:
$2,525,000
MLS #:
24413263
Status:
Active
Baths:
0
Address:
142 S El Molino Avenue
Type:
Residential Income
Neighborhood:
648pasadenase
City:
Pasadena
Listed Date:
Jul 9, 2024
State:
CA
ZIP:
91101
Lot Size:
6,900 sqft / 0.16 acres (approx)
Year Built:
1963
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Covered
Parking Spots
6.00
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2

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142 S El Molino Avenue
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