848 Marcheta Street, Altadena, CA 91001

$1,577,500
Sold Price
$1,577,500
List Price
$1,675,000
Closing Date
Jul 09, 2021
Status
CLOSED
MLS#
320005044
Year Built
1952
Lot Size
7,094
Acres
0.16
Lot Location
Corner Lot
Days on Market
0
Property Type
Multifamily
Stories
One Level, Two Levels
Neighborhood
Not Applicable-105

Property Description

Wonderful investment opportunity value add property in beautiful Altadena. Property is mixed use total of 5 units consisting of 2 separate buildings on 1 lot. Building #1 2468, 2470, 2472, & 2474 El Molino total of 3,264sqft is the residential 4 units. The residential unit mix is Two ( 2 beds 1 bath ) & Two ( 1 bed 1 bath ). All residential units have 1 carport parking space. All residential tenants are on month to month leases and are below market rate. Building #2 848 Marcheta St is the commercial office space that has 4 rooms, 1 bathroom & 1 parking space. 1,250sqft is the commercial office space and it is delivered vacant perfect for an owner operator or to lease out. Bonus income includes coin operated laundry & storage rental. Located one block from the main shopping area of Lake Avenue and Mariposa. Please do not disturb tenants, they are not aware of sale.

Additional Information

Attached Structure
Detached
Number Of Units Total
5

Listing courtesy of Listing Agent: Vahe Mkhitaryan (vaherealestate@gmail.com) from Listing Office: House of Real Estate & Mortgag.

Listing sold by EUNA JEE from RE/MAX PREMIER/ARCADIA

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.