460 Vista Avenue, Pasadena, CA 91107
- $2,200,000
- Sold Price
- $2,200,000
- List Price
- $2,150,000
- Closing Date
- Jan 03, 2022
- Status
- CLOSED
- MLS#
- PF21206005
- Year Built
- 1963
- Lot Size
- 7,552
- Acres
- 0.17
- Lot Location
- Sprinklers Timer
- Days on Market
- 50
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
Property Description
Prime well-kept 2 Story apartment building with four units located in a desirable area of NE Pasadena. Peaceful residential neighborhood conveniently located within 2 miles of Pasadena City College, Fuller Seminary, the gold metro link and Caltech makes these units easy rentals for investment: or you can comfortably live in one and the other rented units pay for your mortgage. The building has 12 bedrooms and 8 bathrooms. Each well maintained unit is approximately 1,073 square feet and is spacious with 3 bedrooms and 2 bathrooms. Each unit is provided a private stackable washer, dryer, stove and refrigerator. The 2 ground level units have small private patios. Unit B has been recently remodeled with new flooring, stainless appliances, modernized stylish bathrooms and kitchen. the 5 carport Park spots could be converted into private garages. This is a potentially great investment with the possibility to raise the rents for income growth. Owner’s relative lives in one unit and will easily vacate after closing escrow. With the unit re-rented to market rents, the GRM would be 16 with a 4.76% CAP rate. Call for more information. Drive by only. Listed in MLS also as # PF21212736
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Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Exterior Construction
- Stucco
- Roof
- Composition
- Garage Spaces Total
- 5
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $134,400
- Operating Expense
- 34271
Listing courtesy of Listing Agent: Christina Dreyer (cdreoagent@gmail.com) from Listing Office: Sotheby's International Realty.
Listing sold by Angela Waters from Harcourts Prime Properties
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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.