1570 Locust Street , #2

    Pasadena, CA 91106
    • $1,095,000
    • STATUS: Active
    • ON SITE: 293 days
    • ID#: PW18255368
    UPDATED: 34 min ago
    $1,095,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,331
      SQFT
    • $470
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1890
    County:

    School Ratings & Info

    Description

    2 separate units in prime Pasadena location. Property is on an ex-large 9641 square foot lot. This includes a vacant lot in rear of property (1457 sq ft), zoning allows for an additional unit to be built or addition to rear unit. Front unit is a single-family residence with 3 bed 2 bath, washer and dryer hook ups, private fenced back yard, long-term tenant that would like to stay. Front unit is in need of some cosmetic repairs and updates. The back two story unit is in great shape and consists of a 3 bed, 2 bath, large private fenced rear yard. The property offers plenty of off street parking. Great investment opportunity. Both units are on a month-to-month. Currently below market rents, with Cosmetic improvements rents could be raised to market. Seller is completing a 1031 exchange at no cost to Buyers. BUYER TO VERIFY ALL INFORMATION, TO DO DUE DILIGENCE, CHECK WITH CITY REGARDING DEVELOPMENT, USE, OVERALL CONDITION, ZONING AND SQFT. PROPERTY IS SOLD "AS IS", PLEASE DO NOT DISTURB THE TENANTS, ANY QUESTION, PLEASE CALL LISTING AGENT. Have a great day.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-19T23:38:25.247. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/88985827

    1570 Locust Street , #2 Pasadena, CA 91106

    • Price: $1,095,000
    • Status: Active
    • Updated: 34 min ago
    • ID#: PW18255368
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    2,331
    SQFT
    $470
    $/SQFT
    1890
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    2 separate units in prime Pasadena location. Property is on an ex-large 9641 square foot lot. This includes a vacant lot in rear of property (1457 sq ft), zoning allows for an additional unit to be built or addition to rear unit. Front unit is a single-family residence with 3 bed 2 bath, washer and dryer hook ups, private fenced back yard, long-term tenant that would like to stay. Front unit is in need of some cosmetic repairs and updates. The back two story unit is in great shape and consists of a 3 bed, 2 bath, large private fenced rear yard. The property offers plenty of off street parking. Great investment opportunity. Both units are on a month-to-month. Currently below market rents, with Cosmetic improvements rents could be raised to market. Seller is completing a 1031 exchange at no cost to Buyers. BUYER TO VERIFY ALL INFORMATION, TO DO DUE DILIGENCE, CHECK WITH CITY REGARDING DEVELOPMENT, USE, OVERALL CONDITION, ZONING AND SQFT. PROPERTY IS SOLD "AS IS", PLEASE DO NOT DISTURB THE TENANTS, ANY QUESTION, PLEASE CALL LISTING AGENT. Have a great day.
    Exterior Features

    Architectural Style Craftsman Construction Materials StuccoWood Siding Exterior Features LightingSatellite Dish Fence YN Yes Fencing Wood Foundation Details RaisedSlab Garage Spaces 0.00 Lot Features Back YardFront YardLawnSprinklers In Front Lot Size Source Appraiser Lot Size Units Square Feet Other Structures Two On A Lot Parking Features DrivewayAsphaltOff StreetPrivateRv Access/Parking Parking Total 10.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof AsphaltComposition Spa Features None Spa YN No View None View YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 906 Average2 Bed Area Units Square Feet Average3 Bed Area 1426 Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Door Features Mirror Closet Door(S) Fireplace Features None Fireplace YN No Flooring CarpetLaminate Heating None Heating YN No Interior Features Ceiling Fan(S)Ceramic Counters Laundry Features Individual RoomInside Levels Two Room Type Family RoomKitchenLaundryLiving RoomMain Floor Master BedroomMaster Bathroom

    Property Features

    Accessibility Features 2+ Access Exits Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsGuttersSidewalksStreet Lights Country Us Electric Standard Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 43200.00 Gross Scheduled Income 43200.00 Insurance Expense 1850.00 Land Lease YN No Laundry YN Yes Net Operating Income 38850.00 New Construction YN No New Taxes Expense 13250.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 4350.00 Property Condition Additions/AlterationsRepairs Cosmetic Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Sewer Paid Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Expenses 0.00 Trash Expense 0.00 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 2500.00 Water Source Public Year Built Source Assessor Zoning Psr1

    Listing provided courtesy of Tod B. Bishop of Broadmoor Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-19T23:38:25.247. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
     
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