529 N Hill Avenue, Pasadena, CA 91106

$1,360,000
Sold Price
$1,360,000
List Price
$1,375,000
Closing Date
May 19, 2017
Status
CLOSED
MLS#
SR16756556
Year Built
1907
Lot Size
13,050
Lot Location
6-10 Units/Acre, Near Park, Rectangular Lot, Sprinklers Timer, Sprinkler System, Value In Land
Days on Market
92
Property Type
Multifamily
Style
Cottage, Traditional

Property Description

Here is another chance to get a nowadays rare RM32 lot in Pasadena for future Development. Can build up to 10 units on the said property, the lot has 65 ft frontage and 200.32' in depth. Currently it has 2 separate houses that generates $5350/Mo.+ The Large storage ( about 600 sq.ft.), you can cover most of your PITI payments while applying for permits. Close to PCC and CALTEC + downtown and transportation. Both houses were remodeled in 2013.Buyer to verify with city of Pasadena re.its usability, and all other aspects . Please do not enter the property or disturb the tenants, they are not aware of the sale. Thanks.

Additional Information

Association Amenities
Other
Appliances
Dishwasher, Disposal, Gas Range, Microwave, Water Heater
Pool Description
None
Fireplace Description
Gas, Living Room, See Remarks
Heat
Central
Cooling
Yes
Cooling Description
See Remarks
View
Mountain(s), Neighborhood
Exterior Construction
Drywall, Glass
Roof
Composition, Shingle
Sewer
Public Sewer
Water
Public
Interior Features
Balcony
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$63,600
Operating Expense
12500

Listing courtesy of Listing Agent: Sarkis Baghikian (sarkis@homenetfin.com) from Listing Office: Home-Net Realty & Fin. Ser..

Listing sold by Powai Wong from Coldwell Banker

Mortgage Calculator

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Term of Loan
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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.