Listed by Eric Smilay, Nourmand & Associates-BH,

1305 N Garfield Avenue

Pasadena, CA, 91104

$12,995,000

$683 per ft²
$12,995,000
$683 per ft²
Active
Active
 - For Sale
carpenters-square
19,002 ft²
property_type
Multi-family
calendar
Built 1964
Located in a highly desirable Pasadena location is this remodeled 24-unit apartment building. This building is NOT under Los Angeles rent control and is fully occupied with an impressive rent roll generating high income. Attractive assumable financing at 3.3% available as well! Building has recently been remodeled with high quality finishes in all units, proven to be very desirable to potential tenants. Units are rarely available and any vacancy creates tremendous interest and leases quickly at increasing prices! All units are two bedrooms with modern open floor plans, quartz countertops, stainless steel appliances, wood-like flooring throughout, and include in-unit washer and dryers. The building has secured access with gated parking and 24 parking spaces. Soft story retrofit has already been completed. Just minutes to all the restaurants, shopping and attractions of Old Town Pasadena.An all around exceptional opportunity for a savvy investor in a prime location!
MLS® ID:
22179975
Listed:
7/17/22
Updated:
8/8/22

Interior Features

Kitchen Appliances
Dishwasher, Disposal, Dryer, Washer
Total Bedrooms
0
Total Bathrooms
0
Cooling
Wall/Window Unit(s)
Heating
Wall Furnace

Exterior/Building Features

Lot Size
0.58 acres lot
Architectural Style
Mid-Century Modern

Other Property Details

Area Name
646 - Pasadena (NE)
HOA Amenities
Gated
Garage
No
Parking
Controlled Entrance, Community Structure
Parking Total
24.0
View
Y
County
Los Angeles
Pool
No
Total Stories
2
Zoning
PSR3

 

Listed by Eric Smilay, Nourmand & Associates-BH,

Based on information from California Regional Multiple Listing Service, Inc. as of 8/8/22. 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.

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Data last updated 12:21 AM UTC, 8/8/22

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