$2,350,000
For Sale

1210 Altadena Drive

Pasadena, CA
Listing OfficeColdwell Banker Realty
Browse 72 photos
Type:Multi-Family
Structure:House
Zone:Residential

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

  • Interior Details
      • InteriorBalcony, Storage
  • Property Details
      • Lot DescriptionFrontYard, SprinklersTimer
      • Exterior MaterialsBalcony
      • Stories2
    • Measurements
      • Acres0.1797
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1960
  • Utilities / Energy Details
      • Sewer InformationUnknown
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionOther
    • Location
      • CountyLos Angeles
  • Financial Details
      • Original List Price$2,350,000
  • Other
      • MLS #P1-19940

Location

Christopher PereaReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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