102 S San Gabriel Boulevard,  Pasadena CA, 91107 (Residential Income)

4,511 sqft
Status: Sold
MLS#: SR15052727
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Last Updated: 12/11/2016 1:59 AM
Description for 102 S San Gabriel Boulevard Pasadena, CA 91107
This is an excellent investment opportunity featuring a 4 unit complex/12 bedrooms-no rent control. The very well maintained property is located on a tree lined street, consists of 4 houses totaling 4511 Sq feet on a 15000 sq feet corner lot. Two of the houses have been completely renovated with newer windows, flooring,bathrooms and kitchens. All utilities are paid by the tenants. All units have laundry facilities.The buildings have separate electric and gas meters. This complex is located near shops &restaurants, with easy access to main roads and freeway. The unit facing Morningside street, has 3 bedrooms and 1 bath, 1 carport and one assigned parking . One of the units facing San Gabriel Blvd has 3 bedrooms, 1.5 bath, patio, one car attached garage and assigned parking spot; the other one has 3 bedrooms, 2 baths, small backyard, one car attached garage and one assigned parking. The free standing house in the back is the largest unit with 1468 sq feet. It has 3 bedrooms, 2 bathrooms, small office, one carport and space to accommodate 2+ cars or RV.The Zoning is RM16 allowing for 5 units.
Price
Sold Price:
$1,750,000
Sold Date:07/08/2015
Los Angeles
4,511 (approx)
SR15052727
Closed
Description
This is an excellent investment opportunity featuring a 4 unit complex/12 bedrooms-no rent control. The very well maintained property is located on a tree lined street, consists of 4 houses totaling 4511 Sq feet on a 15000 sq feet corner lot. Two of the houses have been completely renovated with newer windows, flooring,bathrooms and kitchens. All utilities are paid by the tenants. All units have laundry facilities.The buildings have separate electric and gas meters. This complex is located near shops &restaurants, with easy access to main roads and freeway. The unit facing Morningside street, has 3 bedrooms and 1 bath, 1 carport and one assigned parking . One of the units facing San Gabriel Blvd has 3 bedrooms, 1.5 bath, patio, one car attached garage and assigned parking spot; the other one has 3 bedrooms, 2 baths, small backyard, one car attached garage and one assigned parking. The free standing house in the back is the largest unit with 1468 sq feet. It has 3 bedrooms, 2 bathrooms, small office, one carport and space to accommodate 2+ cars or RV.The Zoning is RM16 allowing for 5 units.
Listing Information
Property Type: Cluster, 1 Story
0.35 Acres 15,024 sq.ft. 4,511 (approx)
1965 Yes- 2 spaces
1
Public Water Service
Sewer Connected
Electric service at street
4 Total
Neighborhood
Room Information
Gas Dryer Hookup, Hookups in Kitchen Area
Interior Features
Central Air, Window/Wall Unit
Wall Unit
Dining Room
Exterior / Lot Features
2 Garage Spaces, 2 Parking Spaces, Assigned Parking Space, Attached Carport, Driveway, Garage, Direct Garage Access
None
No Pool
Sidewalks
Financial Considerations
5748013032
$9,203
$102,300 Income ,$24,578Expense
Listing Price History

Pasadena Real Estate

Pasadena is located in California. Pasadena, California 91107 has a population of 137,316.

The median household income in Pasadena, California 91107 is $68,310. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Pasadena 91107 is 37.1 years.

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Courtesy: Coldwell Banker Calabasas Claudia Vita
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