8,245 Sqft Lot
8,245 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25216827
HOA Y/N No
Year Built 1922
Lot Size 8,245 Sqft
Property Sub-Type Quadruplex
Property Description
The property consists of a front bungalow style house (2bedroom+1bathroom) and three x 2bedroom+1bathroom units in the back. The front house was built in 1922 and the back 3 units were built in 1964 (based on city's online permit - buyer to verify – permit will be provided during due diligence period). It has a total building size of 3,378SF and sits on a large 8,245 SF total lot size (R4 zone – High-Density – 48-unit/acre – buyer to verify). The property offers excellent curb appeal with well-manicured front lawn.
The front house is a bungalow style unit with front porch, fireplace, original hardwood flooring, smooth ceiling, windows A/C and wall heating. Bathroom has a shower stall, and it has laundry room with hookups. The back 3 units are 2bedroom units with laminate flooring on 1st floor and carpet flooring on 2nd floor units. Three units (Front House, #1052-3, #1052-2) have laundry hookups. All tenants are on month-to-month lease and current rental income is approximately 37% below market. Each unit is separately metered for electricity and gas. Parking is provided by 6 parking spaces (4 carport and 2 open space) at the back. The large lot size, R4 zoning (high density) and carport parking provide superb opportunity for new owner to add ADUs units in the back.
The property is located just three blocks away from Lake Ave and within walking distance to myriads of shopping and other amenities on Lake Ave and ColoradoBL.
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Vinyl, Wood
Fireplaces Type Family Room
Fireplace Yes
Appliance Gas Range
Laundry Washer Hookup, Gas Dryer Hookup, See Remarks
Exterior
Parking Features Assigned
Carport Spaces 4
Fence None
Pool None
Community Features Suburban, Valley
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Asbestos Shingle
Accessibility None
Total Parking Spaces 6
Private Pool No
Building
Lot Description 36-40 Units/Acre, Level, Near Public Transit, Rectangular Lot, Street Level
Faces North
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5732019034
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
