1210 Altadena Drive

Pasadena, CA

$2,350,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1960

calendar_month Built

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

Listing Information

List Price $2,350,000
Status Active
MLS P119940
HOA $0
Type Residential Income
Subtype Apartment
Year Built 1960
Lot Size 7,828
Structure Size N/A
DOM 22
Courtesy Of Coldwell Banker Realty
Listing Agent Eddie Kanouse DRE#00939285

Interior Features

Laundry Information
Location(s) Laundry Room, Outside
Total Bedroom
Bedrooms N/A
Flooring Information
Material Laminate
Fireplace Information
Features None
Additional Information
Additional Features Balcony, Storage
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Other Structures
Structures Storage
Features Balcony
View Yes

Maps

Listing information courtesy of: Eddie Kanouse, Coldwell Banker Realty (626) 685-5279. *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.