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About the Listing CLW-X82128 - CLW-C106183,CLW-X81016
We are pleased to present this 22-unit multi-family property that has undergone extensive updating and renovation. A true turn-key investment that is nearly a 6% Cap Rate, on the south side of Pasadena. Significant capital improvements include updated electrical, plumbing, drain lines, windows, doors and driveway/parking. The unit mix consists of 4 large 1-bed + 1-bath units and 18 Singles/1-bath with full size kitchens. All units have been renovated to include laminate or vinyl flooring, granite countertops, new cabinets, renovated bathrooms, stainless steel appliances and updated heat/AC systems. Tenants enjoy gated parking and a secure on-site laundry room. The property is meticulously maintained and managed by the ownership. Thoughtful and strategic property improvements enhance tenant appeal and rentability as well as reducing near-term capital expenditure exposure. The unit mix offers high rentability and flexibility in a dynamic rental market. Located not far from CalTech, PCC and the city of San Marino help make the location desired and convenient.
Listing Highlights
Status
Active
Days on Site
14
Property Type
Multi-Family
MLS ®
26642065
Year Built
1956
Total Square Footage
8,820
Lot/Acreage
0.35
County
Los Angeles
Area
648 - Pasadena (SE)
Interior Details
- Bedrooms: 1
- Bathrooms: 2 Full
- Appliances: Dishwasher, Microwave, Refrigerator
- Air Cond:
- Heating: Heat Pump,Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s)
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LCR4YY
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Street,Side by Side,Assigned,Concrete
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5330001007
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
276 S Sierra Madre Boulevard Pasadena, CA 91107
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