541 N Summit Avenue, Pasadena, CA 91103
- $946,900
- Sold Price
- $946,900
- List Price
- $985,000
- Closing Date
- Feb 17, 2015
- Status
- CLOSED
- MLS#
- CV14245205
- Year Built
- 1965
- Lot Size
- 6,980
- Acres
- 0.16
- Lot Location
- 21-25 Units/Acre, Rectangular Lot
- Days on Market
- 0
- Property Type
- Multifamily
- Style
- Contemporary
- Stories
- Two Levels
Property Description
6 Blocks from Old Town Pasadena. Two units upstairs and two units downstairs. Common area with nice lawn and garden plants. Very good tenants that take care of the property. 4 car carport with some space for 2 more cars if parked tandem. No known deferred maintenance. Buyer to cooperate with Seller's 1031 Exchange at no cost to the Buyer. Good for investor or live in one and rent out the other 3 units. High-demand rental area. 100% Occupied and all tenants month-to-month. No rent control and high-demand area. Offer subject to inspection. Viewings of interior available after good offers, otherwise Drive By Only. Excellent CAP rate for the area. Great for investor or 1031 Exchange.
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Additional Information
- Appliances
- Gas Cooktop
- Pool Description
- None
- Heat
- Natural Gas, Wall Furnace
- Cooling
- Yes
- Cooling Description
- Electric, Wall/Window Unit(s)
- View
- None
- Exterior Construction
- Concrete, Shingle Siding, Stucco
- Roof
- Shingle
- Water
- Public
- Interior Features
- Laminate Counters
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $68,160
- Operating Expense
- 16810
Listing courtesy of Listing Agent: LEO SETO (SETO.LEO@GMAIL.COM) from Listing Office: GREENVIEW REALTY.
Listing sold by LINDA ENNABE from LINDA ENNABE, BROKER
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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.