264 N Chester Avenue

    Pasadena, CA 91106
    • $890,000
    • STATUS: Active Under Contract
    • ON SITE: 32 days
    • ID#: WS19170853
    Under Contract
    UPDATED: 34 min ago
    $890,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,382
      SQFT
    • $644
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1928
    County:

    School Ratings & Info

    Description

    Charming Single family house in Pasadena near Lake & Colorado Blvd. Zoning is RM32 which can be a development Land. Potential 5 Units Apartments or condo can be built here. The adjacent 5 units condominium is an example. The house can be rented out while you wait for approval. Buyer to verify all information and to do due diligence and check with city regarding development and use. This hard to find 4 bedroom Single Family house has been renovated with open floor plan, gallery kitchen, new master suite and guest bathroom. Large front and back yard with Orange, fig, avocado and guava trees. Walking distance to Caltech and PPC. Easy access to Metro and Lake business district. There is a high rental demand in the area.

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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/97037449

    264 N Chester Avenue Pasadena, CA 91106

    • Price: $890,000
    • Status: Active Under Contract
    • Updated: 34 min ago
    • ID#: WS19170853
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    1,382
    SQFT
    $644
    $/SQFT
    1928
    Built
    Neighborhood:
    648 - Pasadena (SE)
    County:
    Los Angeles
    Area:
    648 - Pasadena (SE)
    Property Description
    Charming Single family house in Pasadena near Lake & Colorado Blvd. Zoning is RM32 which can be a development Land. Potential 5 Units Apartments or condo can be built here. The adjacent 5 units condominium is an example. The house can be rented out while you wait for approval. Buyer to verify all information and to do due diligence and check with city regarding development and use. This hard to find 4 bedroom Single Family house has been renovated with open floor plan, gallery kitchen, new master suite and guest bathroom. Large front and back yard with Orange, fig, avocado and guava trees. Walking distance to Caltech and PPC. Easy access to Metro and Lake business district. There is a high rental demand in the area.
    Exterior Features

    Garage Spaces 2.00 Lot Features Rectangular LotSprinkler System Lot Size Source Assessor Lot Size Units Square Feet Parking Features DrivewayConcreteGarage Parking Total 2.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Appliances DishwasherGas OvenGas Range Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetLaminate Heating Central Heating YN Yes Laundry Features In Garage Levels One Room Type KitchenLiving RoomMaster BathroomMaster Bedroom

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 3.30 Community Features Suburban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 600.00 Gross Income 0.00 Gross Scheduled Income 42000.00 Insurance Expense 600.00 Land Lease YN No Laundry YN Yes Net Operating Income 29315.00 New Construction YN No New Taxes Expense 11125.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 12685.00 Property Sub Type Single Family Residence Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Expenses 12685.00 Trash Expense 360.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records Zoning Psr3

    Listing provided courtesy of Raymond Ho of G E Property Development


    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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