1250 Corson Street, Pasadena, CA 91106

$2,232,200
Sold Price
$2,232,200
List Price
$2,400,000
Closing Date
Mar 17, 2015
Status
CLOSED
MLS#
PW14231276
Year Built
1950
Lot Size
13,330
Acres
0.31
Lot Location
11-15 Units/Acre
Days on Market
0
Property Type
Multifamily
Stories
Two Levels

Property Description

The subject property located at 1250 Corson Street in the city of Pasadena, California. It is located south of the 210 Freeway and just a short walk away from popular Colorado Boulevard. This location is located near shopping, restaurants, and entertainment for convenient living. Within walking distance to Pasadena City College, Cal Tech, Gold Line and just a short drive to the 110, 210 and 134 freeways this property is great for students, young professionals and commuters. The property consists of one building that houses 11 units. The units consist of 10 one-bedroom/one-bathroom and one two-bedroom/two-bathroom units. Sitting on a raised foundation, the units are built with wood framing and a stucco exterior, enclosed with a pitched roof. Due to the property's location in a strong rental market and potential rental increase, it would make a great addition to any investor's portfolio.

Additional Information

Pool Description
None
Garage Spaces Total
11
Sewer
Unknown
Water
Public
Attached Structure
Attached
Number Of Units Total
11
Gross Scheduled Income
$144,648
Operating Expense
55531

Listing courtesy of Listing Agent: Steven Bogoyevac (sbogoyevac@marcusmillichap.com) from Listing Office: Steven M. Bogoyevac, Broker.

Listing sold by MICHAEL CIRRITO from INVESTORS TRUST REALTY GROUP

Mortgage Calculator

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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.