$1,295,000 - 26 Virginia Avenue Pasadena, CA - 91107

  • Status Active
  • MLS# CV17269092
  • List Price $1,295,000
  • Bedrooms N/A
  • Days On Market 146
  • Garage 3
  • Sq.ft 2336
  • Sale Type Standard
  • Type ResidentialIncome
  • Built Year 1941

Property Description

We are pleased to offer for sale this 4 unit investment property in the highly valuable rental community of Pasadena. Located just south of Colorado Blvd between Sierra Madre Blvd and San Gabriel Blvd, the subject property is in a strongly sought after investment area and a dense rental market. The property consists of 1(2Bed/1Bath) single-story Detached Cottage, and 3 (1Bed/1Bath) units located in a single-story Tri-Plex. The property offers private garden walkways, onsite garage parking (3 stalls) and is separately metered for electricity & gas. The current owner re-roofed the tri-plex structure within the last two years and has maintained the rest of the property very well. Given the ever increasing rental rates in the Pasadena area, a new investor can take advantage of a significant upside in rental income once the property has been repositioned with market rents.

Features & Utilities

  • Water Public
  • Pool None
  • Common Walls 1 Common Wall,No One Above
  • Community Curbs,Gutters,Sidewalks
  • Driving Directions South of I-210, Exit Sierra Madre Blvd - Cross Streets: Colorado Blvd & San Gabriel Blvd
  • Laundry Room None
  • Lot Features 2-5 Units/Acre
  • Operating Expense 20917.00
  • Stories One
Courtesy of Listing : RE/MAX 2000, KRISTOPHER GERMAN

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