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Description
Once in a lifetime 100% Vacant 5 Units in Prime Pasadena sitting on a Large 9,533 SF lot with tons of potential. Amazing ValueAdd Fixer project with an incredible upside to a 7.2%Cap Rate and 10.5 GRM after renovations. Attractive bungalow-style units consist of a duplex in the front, a standalone house in the middle, and another duplex in the back. Preliminary Plans to add 1 Attached ADU in the front garages or 2 Detached ADUs in the back to further improve the numbers. Excellent Pasadenalocation just minutes from trendy shops and restaurants in OldTown Pasadena, Rose Bowl Stadium, and Cal-Tech. Ready for investors that want to bring in their own creative touches. Each unit is Individually Metered for Gas & Electricity.
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Listing Agent: Julio Ruiz 01911261 Courtesy of: Global Platinum Properties, Inc. "All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 29th January, 2023 5:49 AM (UTC)
