Pasadena 5 to 25 unit properties:

Pasadena / Los Angeles County / California

Sold For $ 2,550,000

Property detail

Property overview

Price
Sold For $ 2,550,000
ID
TR16047410
Type
5 to 25 Units
Contract
Sold
Location
Pasadena / Los Angeles County / California
Baths
14
Beds
18

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 REALTORĀ® /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.
The above information is being provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing courtesy: Keven Lee, Coldwell Banker.

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