Pasadena 5 to 25 unit properties:

Pasadena / Los Angeles County / California

Sold For $ 1,946,700

Property detail

Property overview

Price
Sold For $ 1,946,700
ID
Listing # PW16764168
Type
5 to 25 Units
Contract
Sold
Location
Pasadena / Los Angeles County / California
Baths
8
Beds
10

7 Units. A rare, prestigious, pride-of-ownership residential income opportunity! 427-429 N. Hill Ave. is a 7-unit, 100% occupied, NON rent-controlled apartment community in a fantastic location in Pasadena. The unit mix consists of (1) 4-bedroom/2-bathroom, (1) 2-bedroom/1-bathroom, (4) 1-bedroom/1-bathroom, and (1) studio. The 4-bedroom and 2-bedroom units contain central A/C & heating, with wall A/C and furnace in the others. Over $165,000 in capital improvements since 2002, including brand new 3/4 plywood COMPLETE REPLACEMENT high-quality roofing on all structures installed in 2012. New gutters, painting and HVAC unit also in 2012. Full interior remodels of the various units over the years, most recently in 2011. Very nice landscaping throughout. Great condition. The lot size, at 11,414 SF, is HUGE, with individual garage spaces, carport parking and plenty of open pavement for additional parking. Street parking without permits is allowed as well! There is a ton of room on the lot for an investor’s creativity. Laundry machines are owned.

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: Jeremy Howard, Premiere Properties

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