Pasadena 5 to 25 unit properties:
Pasadena / Los Angeles County / California
Sold For $ 2,550,000
- Sold For $ 2,550,000
- 5 to 25 Units
- Pasadena / Los Angeles County / California
839 N. Summit Ave., Pasadena is comprised of 1 two-story building with approx. 8,900 sf. and situated on a 14,992 sf. Lot. There are a total 14 Units (4 units – 2 bed/1 bath and 10 units – 1 bed/1 bath). It is 100% occupied and the tenants are long time tenants with low vacancy. The property has undergone extensive renovations throughout most of units in last 3 years. Interior renovations include but are not limited to new laminated/vinyl flooring, paint and kitchen/bathroom upgrades. There is one on-site laundry room with 2 washers and 2 dryers. The property has gated entrances and there are 23 covered parking spaces (18 assigned). This is a stable apartment investment, with approx. 15% upside in rent.
Based on information from the Association of REALTOR® /Multiple Listing as of 2017. All data, including all measurement and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listing courtesy: Keven Lee, Coldwell Banker.
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