260 Linda Rosa Avenue , Pasadena, CA - 91107 is For Sale

  • AR24077338
  • AR24077338
  • AR24077338
  • AR24077338
  • AR24077338
  • AR24077338
  • AR24077338
  • AR24077338
  • AR24077338
  • AR24077338
  • AR24077338
  • AR24077338
  • AR24077338
  • AR24077338
  • AR24077338
$4,288,000· Income property

Description

RELOCATION FEES PAID The Tenancy Has Been Completed Turned Over With Excellent MARKET RENTS | The hard work has been done for YOU - TURNKEY investment opportunity | Truly One of A Kind Investment Property - Superb Location nearby PCC, Cal Tech, VONS, and In & Out. Extensive "Pride of Ownership" remodeling was done in 2023. The Complex features 6 two-bedroom units and one 3-bedroom unit. These are highly desirable Townhouse-Styled Units with 7 onsite Parking Spaces. Remodeled interiors with newer interior paint, waterproof flooring, lighting and crown moldings throughout, custom cabinetry, quartz countertops, stainless steel appliances, new sub-panels, and technically upgraded with Nest Thermostats and Ring Cameras. Newer exterior paint, windows and glass sliding doors, and 6 HVAC units, all completed in 2023. Exterior termite repairs completed in early 2023. Copper Plumbing. Separate Electricity & Gas Meters. On Site Laundry Room with 2 Sets of Machines. 7 water heaters instead of one main water heater plus a separate water heater for the laundry room. Excellent demographics with Median Household Income above $95,000 within a 3 mile radius.

Features

MLS#: AR24077338
List Price : $4,288,000
Total Units : 7
CAP rate : $4.35
Gross Operating Income : $254,916
Net Operating Income : $186,941
Sq M : 699 M2
Year Built : 1964
Days on market : 14 Days
Gross taxes : N/A
Address : 260 Linda Rosa Avenue
City : Pasadena
State : CA
Zip Code : 91107
Neighborhood : N/A
Fireplace Features : None
Stories : 2
Laundry : Community, Individual Room
Parking Features : Assigned
Sale Type : Standard
View : None
 
Property Type : Residential Income
Original List Price : $4,288,000
Acres : 0.1728
Lot Size (Acres) : 0.1728
Heating : Central
Water : Public
Sewer : Unknown
Parking Features : Assigned
Pool Desc : None
Cooling : Central Air
Driving Directions : West of San Gabriel Blvd, North of Foothill
Lot Features : Front Yard
 
Courtesy of : Jing Li , Treeline Realty & Investment

Location

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