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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Schools
Interior
Appliances
Dishwasher, Refrigerator
Cooling
Central Air
Heating
Central
Exterior
Parking Features
Covered
Parking Spots
6.00
Security Features
Fire Sprinkler System
Stories Total
2
Financial
Tenant Pays
Gas, Electricity
Map
Community
- Address142 S El Molino Avenue Pasadena CA
- Area648 – Pasadena (SE)
- CityPasadena
- CountyLos Angeles
- Zip Code91101
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Courtesy of Realty Investment Advisors, Inc.. 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.
142 S El Molino Avenue
Pasadena, CA
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