386396 E Altadena,  Altadena CA, 91001 (Residential Income)

4,107 sqft
Status: Sold
MLS#: 316008212
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Last Updated: 12/7/2016 6:40 PM
Description for 386396 E Altadena Altadena, CA 91001
Built in 1928, this beautiful property truly embodies the vibrancy of Altadena and Pasadena. Featuring 1 duplex and 4 stand alone units on a generous 17,000 sqft lot. This is a rare opportunity for investors as it has the capability of a gross income of $97,000 and has not been on the market since the mid 80's. The property has 2 driveway access points that loop towards a carport that accommodates 4 cars and 2 additional non-covered parking spaces. The 4 individual units sit under the shade of Avocado, Eucalyptus, and Palm trees creating a tranquil environment for tenants to have a their own space in a communal setting. All units have separate gas and electric meters.
Price
Sold Price:
$1,350,000
Sold Date:10/13/2016
Los Angeles
4,107 (approx)
316008212
Closed
Description
Built in 1928, this beautiful property truly embodies the vibrancy of Altadena and Pasadena. Featuring 1 duplex and 4 stand alone units on a generous 17,000 sqft lot. This is a rare opportunity for investors as it has the capability of a gross income of $97,000 and has not been on the market since the mid 80's. The property has 2 driveway access points that loop towards a carport that accommodates 4 cars and 2 additional non-covered parking spaces. The 4 individual units sit under the shade of Avocado, Eucalyptus, and Palm trees creating a tranquil environment for tenants to have a their own space in a communal setting. All units have separate gas and electric meters.
Listing Information
Property Type: Cluster, Traditional
0.39 Acres 1,700,200 sq.ft. 4,107 (approx)
$328.71 1928
$0
6 Total
Neighborhood
Room Information
Interior Features
Garbage Disposal, Refrigerator, Dishwasher, Dryer, Stacked Washer/Dryer, Washer
Carpet Wall to Wall, Laminate, Hardwood Laminate
Part Copper Plumbing
Exterior / Lot Features
4 Parking Spaces, Carport, Circular Driveway, Detached Carport
Balcony
Composition, Shingle
LCR110
Gutters, Rain Gutters, Shed
Driving Directions
East of Fair Oaks, West of Lake Ave
Financial Considerations
5840006003
$97,800 Income ,$28,940Expense
Listing Price History

Altadena Real Estate

Altadena is located in California. Altadena, California 91001 has a population of 44,578.

The median household income in Altadena, California 91001 is $82,854. 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 Altadena 91001 is 41.7 years.

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Courtesy: Partners Trust Real Estate John Adamson
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