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Listed by Gina Dohlen • Dohlen Real Estate Inc
$5,900,000
Est. payment /mo
13,460 SqFt
UPDATED:
11/13/2024 06:10 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 13,460 sqft
Price per Sqft $438
MLS Listing ID CRCV24109022
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1961
Lot Size 0.435 Acres
Property Description
RARE FIND! NORTH SIERRA MADRE 12 UNIT BUILDING NESTLED NEAR THE FOOTHILLS AND NEAR THE SIERRA MADRE VILLAGE! FIRST TIME ON THE MARKET IN 34 YEARS. Investors will appreciate this well maintained beautiful apartment complex and location. There are 4 units with 1 bedroom 1 bath with 1 renovated, 8 units with 2 bedrooms and 1 1/2 baths with 3 of the units renovated. Front unit is a 2 bedroom 1 1/2 bath with central heat and air. All the other units have forced central heat and window a/c's. Some of the upgrades have been 7 newer sliding doors and recently upgraded main electrical panel. Roof is a 30 yr. and was replaced around 15 yrs. ago. There are 16 carports and community laundry room for the tenants. Individual gas and electric meters. Landlord pays water & trash. Close to Sierra Madre Village and park, shopping, Pasadena , schools and freeways. BACK ON MARKET! NO FAULT OF THE SELLER. APARTMENT "E" WHICH IS A 2 BEDROOM 1 1/2 BATHS IS VACANT AND CURRENTLY BEING REMODELED. CONSTRUCTION IS ALMOST COMPLETE AND THE RENT WILL BE $2,850 A MONTH WITH A 1YR LEASE
Location
State CA
County Los Angeles
Interior
Heating Other
Cooling Central Air, Wall/Window Unit(s)
Flooring Vinyl, Carpet
Fireplace No
Laundry Community Facility, Laundry Room
Exterior
Parking Type Covered, Assigned, Other
Building
Lot Description Other, Front Yard
Water Public
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