2688 Lake Avenue, Altadena, CA 91001

$1,025,000
Sold Price
$1,025,000
List Price
$898,000
Closing Date
Sep 17, 2014
Status
CLOSED
MLS#
AR14183912
Year Built
1960
Lot Size
15,039
Acres
0.35
Lot Location
Sprinklers Timer
Days on Market
0
Property Type
Multifamily
Stories
One Level

Property Description

Property consists of two parcels including 5844-003-021 and 5844-003-022. Unique 5 unit single story mid century open beam cottages, each unit has private single car garages, patios, fireplaces. Indicated lot size and building area is drawn from assessor information for two parcels. Dependable tenants generating strong gross income with excellent upside potential. Offered "as is".

Additional Information

Appliances
Free-Standing Range, Disposal
Pool Description
None
Fireplace Description
Living Room
Heat
Central
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
Valley
Roof
Asphalt
Garage Spaces Total
5
Water
Private
Interior Features
Beamed Ceilings, Laminate Counters, All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$71,268
Operating Expense
27000

Listing courtesy of Listing Agent: Thomas Davis (tomdavis@coldwellbanker.com) from Listing Office: Coldwell Banker Arcadia.

Listing sold by Vazgen Mazanians from Pacific Realty Center

Mortgage Calculator

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Calculator source: Real Geeks

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.