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Description Open House Details Location Schools Recent Sales
$2,350,000 Est. $8,653 / mo.*

1210 Altadena Drive Pasadena , CA

Property listed by Coldwell Banker Realty, Eddie Kanouse {attribution_contact}

Description

6 Units
Property Type: Apartment
Status: Active
Year Built: 1960
Neighborhood: Other
Days on Website: 9
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

Open House

Property Details and Features

Appliances & Equipment
ElectricCooktop
ElectricOven
GasWaterHeater
Building
Built in 1960
Building area total:
3,792
Levels:
One,Two
1 story
1 building
Architectural style:
Traditional,Attached
Common walls:
TwoCommonWallsOrMore,OneCommonWall
Construction materials:
Drywall,Stucco
Community
Biking
DogPark
Park
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Tour This Home

Contact an Agent

Christopher Lechner

(562) 972-0388

Location

$2,350,000 -
1210 Altadena Drive Pasadena , CA
Country: US

Street View

Nearby Schools

Recent Sales in the Area