437 Chester Avenue Pasadena, CA - 91106

  • Status Active
  • MLS# PW18230152
  • List Price $5,790,000
  • Bedrooms N/A
  • Days On Market 88
  • Garage 26
  • Sq.ft 13368
  • Sale Type Standard
  • Type ResidentialIncome
  • Built Year 1989

Property Description

437 N. Chester Avenue is located in the city of Pasadena, a city located northeast of Downtown Los Angeles. Pasadena is known for its historic Old Town, its bustling downtown, and its iconic Rose Bowl, home of the world famous Rose Bowl Game. Pasadena is ideally located near the 210, 134, & 110 Freeways offering residents easy access to all parts of Los Angeles County. This investment opportunity at 437 N. Chester Avenue is composed of (1) non-conforming studio, (8) one bedroom/one bathroom units & (8) two bedroom/ two bathroom units. Tenants enjoy amenities such as subterranean garage parking, patios & balconies and on-site laundry. Located near all the best parts of Pasadena and offering considerable upside potential, 437 N. Chester Avenue is a truly excellent investment opportunity. *For sale by Original Owner/Developer, *Excellent Mix of 1 & 2-Bedroom Units with Large Floorplans, *1989 Construction, *Ideal Location Near Old Pasadena, *Downtown, *Pasadena City College & Rose Bowl, *New Pitched Roof, *Tremendous Upside in Rents, *Not Subject to Rent Control

Features & Utilities

  • Water Public
  • Sewer Public Sewer
  • Pool None
  • Common Walls No Common Walls
  • Community Curbs,Gutters,Sidewalks,Storm Drains
  • Driving Directions North E Maple Street and east of Michigan Ave
  • Laundry Room Community
  • Lot Features 11-15 Units/Acre
  • Operating Expense 108409.00
Courtesy of Listing : Morgan Skenderian, Doug Rodermund

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