188 Cedar Crest Avenue, South Pasadena, CA 91030

$1,695,000
3,006
SqFt
List Price
$1,695,000
Status
ACTIVE
MLS#
OC20216492
Year Built
1946
Living Sq. Ft
3,006
Lot Size
8,786
Acres
0.2017
Lot Location
0-1 Unit/Acre
Days on Market
8
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

Fantastic opportunity to own a well maintained Classic, Mid-Century 4plex in highly desirable South Pasadena. Located in an award winning school district & just a short distance from amazing shopping & dining at the premier Fair Oaks Retail Mall, this property consists of (4) 1 bedroom 1 bath units with 4 single garages on a a beautiful oversized lot. Each unit features a fireplace in the living room & abundant windows throughout; 2 units have recently been remodeled, offering kitchens & baths updated with white tile counter tops, new tile or vinyl flooring, freshly painted interior & cabinetry, & refinished wood flooring in the living, dining & bedrooms. The other 2 units are are original, but very clean & all units have new water heaters, toilets, kitchen sink faucets & shower fixtures. Most of the plumbing has been upgraded & property trees were all cut back last year. Great income property with extremely low vacancy history.

Additional Information

Tract Number
13152
Lot Description
Sidewalks, Storm Drains, Suburban
Pool Description
None
Fireplace Description
Living Room
Heat
Wall Furnace
Cooling Description
None
View
Mountain(s), Neighborhood
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$91,200
Unit One Total Units
1
Unit One Beds
1
Unit One Baths
1
Unit One Garage Spaces
1.00
Unit One Actual Rent
1602.00
Unit One Total Rent
1602.00
Unit One Pro Forma
1900
Unit One Furnished
Unfurnished
Unit Two Total Units
1
Unit Two Beds
1
Unit Two Baths
1
Unit Two Garage Spaces
1.00
Unit Two Actual Rent
1456.50
Unit Two Total Rent
1456.50
Unit Two Pro Forma
1900
Unit Two Furnished
Unfurnished
Unit Three Total Units
1
Unit Three Beds
1
Unit Three Baths
1
Unit Three Garage Spaces
1.00
Unit Three Pro Forma
1900
Unit Three Furnished
Unfurnished
Unit Four Total Units
1
Unit Four Beds
1
Unit Four Baths
1
Unit Four Garage Spaces
1.00
Unit Four Pro Forma
1900
Unit Four Furnished
Unfurnished

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of Sue La Bounty from First Team Real Estate

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.