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633 Park Avenue , South Pasadena, CA - 91030 is For Sale

  • P1-16479
  • P1-16479
  • P1-16479
  • P1-16479
  • P1-16479
  • P1-16479
  • P1-16479
  • P1-16479
$2,250,000· Income property
1941
767 M2
5
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Description

633 Park, constructed in the 1940's, features wonderful architectural detail that is often not seen in apartment construction. Some of the units have elaborate wood cathedral ceilings, scalloped custom wood detail with cabinetry and doors, and built in bunk beds. See pictures. This property is located in an excellent rental area close to Garfield Park and Bristol Farms.There are four one BR apartments on first floor, and the rear upstairs unit is a 2 bedroom plus den/office Each unit has a private garage located on the alley at the rear of the property. The gross sch. Inc is 133,083, with cap of 3.9 and GRM of 16.9

Features

MLS#: P1-16479
List Price : $2,250,000
Total Units : 5
CAP rate : $3.90
Net Operating Income : $88,298
Sq M : 767 M2
Year Built : 1941
Days on market : 77 Days
Gross taxes : N/A
Address : 633 Park Avenue
City : South Pasadena
State : CA
Zip Code : 91030
Neighborhood : N/A
Appliances : None
Fireplace Features : None
Foundation : Raised
Stories : 2
Laundry : Community
Parking Features : Asphalt, Garage - Single Door
Sale Type : Standard,Trust
Spa : None
View : None
 
Property Type : Residential Income
Property Style : Traditional
Original List Price : $2,250,000
Acres : 0.1894
Lot Size (Acres) : 0.1894
Exterior Features : Rain Gutters
Heating : Wall Furnace, Natural Gas
Water : Public
Sewer : Public Sewer
Parking Features : Asphalt, Garage - Single Door
Pool Desc : None
Utilities : Electricity Connected, Sewer Connected, Natural Gas Connected
Cooling : Wall/Window Unit(s)
Flooring : Wood
Roofing : Composition
Driving Directions : East of Fair Oaks, due east of Bristol Farms and south of Grevelia.
Lot Features : Lawn, Sprinklers In Front, Sprinkler System, Yard, Landscaped
 
Courtesy of : Dave Brock , Beven & Brock Property Management Company, Inc

Location

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