Customized Aging Specialists- Serving 55+ Communities, Aging in Place and Downsizing Customize your living style as you age-
Sold: Feb 08, 2021
Address
934 N Lake Avenue Pasadena, CA
Price
$ 1,433,000
Property Attributes
  • MLS#20644230
  • TypeIncome
  • CountyLOS ANGELES
  • CityPasadena
  • Zip91104
  • Style
  • Price$ 1,433,000
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms0
  • Lot Size9,247 SqFt
Listing Provided Courtesy Of:
Filip Niculete with Marcus & Millichap.
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

We are proud to present these 6 units located at 934 N Lake Avenue in Pasadena, California. Built in 1953, the property sits on 9,247 square feet of land with 3,696 square feet of rentable area and consists of (5) 1-Bed/1-Bath and (1) 2-Bed/1-Bath units. The property offers investors the possibility to renovate all the units and capture the significant upside in rents. Unit #2, which was the owner's unit, will be delivered vacant at the close of escrow. Although the rents are significantly below market, the property is well maintained with no significant deferred maintenance, including the fact that this property does not need seismic retrofitting. Additionally, each unit has above average size floor plans, and each unit has their own water heater.

Price History

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 91104

Price
AVG $1.29M
$1.43M

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