Active
$2,900,000
17%
Units
8 Beds
4 Baths
5,498 Area(sq.ft.)
Lot: 14,823 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| 0 | $ 0 | $ 0 | $ 0 |
| MLS #: | P1-21240PF |
| Days On Market: | 329 |
| Listing Date: | March 13, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 527 |
| Year Built: | 1922 |
Property Details
Location, Location, Location. A rare opportunity to own a four unit building (owner could potentially occupy one unit) with a large lot (14823 square feet). This property is situated in the highly desirable heart of Pasadena with easy access to South Lake Shopping District, Old Town Pasadena, Cal Tech, PCC, a plethora of dining and shopping options. Easy access to freeways (110 & 210 freeway and) public transpositions.Each unit consists of 2 bedroom/ 1 bath, living room with fireplace, dining room and laundry hookup. All units come with central air and heat. A beautiful large grassy backyard leads to a covered carport with individual storage units and additional parking spaces.Units are 1100% occupied and NEVER stays vacant long. Potential Mills Act eligibility (Buyer to verify).Please call for additional details.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 14,086 |
| Net Operating Income: | $ 100,819 |
| Gross Rent Multiplier: | 24.00 |
| Actual Gross Rent: | $ 12,150 |
Structure
| Community Features: | Curbs, Sidewalks, Suburban, Street Lights |
| Style: | Mediterranean |
| Sewer: | In Street Paid |
| View Description: | None |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Built-In Storage, Carport, Parking Space |
Interior
| AC/Cooling: | Central |
| Heating: | Central |
| Fireplace Rooms: | Decorative |
| Laundry: | Gas Dryer Hookup, Inside, Washer Hookup |
Exterior
| Exterior Construction: | Plaster |
| Pool: | No |
| Roof: | Flat |
| Spa: | No |
Detailed Map
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