1210 Altadena Drive

Pasadena, CA
$2,350,000
Courtesy of Coldwell Banker Realty

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
    • Interior Features
      • Interior:Balcony, Storage
  • Property Details
    • Property
      • Stories:2
      • Lot description:FrontYard, SprinklersTimer
      • Exterior materials:Balcony
    • Measurements
      • Acres:0.1797
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1960
  • Utilities / Energy Details
    • Utility
      • Sewer information:Unknown
      • Utility source:Public
  • Community and Neighborhood Details
    • Community
      • Subdivision:Other
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$2, 350, 000
  • Other
    • Source
      • MLS #:P1-19940

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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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
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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.

Estimated Monthly Payment
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Loan Amount
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