$3,600,000
$3,500,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
380 S Sierra Madre BLVD Pasadena, CA 91107
0.26 Acres Lot
Key Details
Sold Price $3,600,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV22133783
Sold Date 09/12/22
HOA Y/N No
Year Built 1951
Lot Size 0.255 Acres
Property Sub-Type Apartment
Property Description
Turnkey 13 unit apartment building in Pasadena offers large upside with below-market rents, amenities and upgrades 2 blocks from San Marino. Newly painted (in 2021) and gated building with 2 carport spaces per units offers opportunity for additional income. The coin-operated, owner-owned washing machine and dryer are located in a separate room, giving the owner passive income. Security cameras were installed in 2019 for $8,600. Tenants like the proximity to CalTech, PCC, the 210 freeway, and Old Town Pasadena. Download the OM supplement for additional information. Agents, please read Agent Remarks.
Location
State CA
County Los Angeles
Area 648 - Pasadena (Se)
Zoning LCR4YY
Interior
Interior Features Ceiling Fan(s), Granite Counters, Wired for Data, Utility Room
Heating Ductless, Electric, See Remarks
Cooling Ductless, Electric, See Remarks
Flooring Carpet, Vinyl
Fireplaces Type None
Fireplace No
Appliance Disposal, Gas Range, Refrigerator, Water Heater, Dryer, Washer
Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room, See Remarks
Exterior
Exterior Feature Lighting
Parking Features Assigned, Asphalt, Covered, Detached Carport, One Space, Tandem, Uncovered
Carport Spaces 12
Fence Block
Pool None
Community Features Biking, Dog Park, Foothills, Gutter(s), Hiking, Park, Street Lights, Suburban
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N Yes
View Mountain(s), Neighborhood
Roof Type Composition
Total Parking Spaces 26
Private Pool No
Building
Lot Description Back Yard, Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Sprinklers Timer, Street Level
Story 2
Entry Level Two
Sewer Sewer Tap Paid
Water Private
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5330002014
Security Features Closed Circuit Camera(s),Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Assumed
Special Listing Condition Standard
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Bought with AMY LAM RE/MAX MASTERS REALTY