$1,450,000
For more information regarding the value of a property, please contact us for a free consultation.
1421 N Fair Oaks AVE Pasadena, CA 91103
0.32 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW21031533
Year Built 1885
Lot Size 0.320 Acres
Property Description
1421 N Fair Oaks is a 5-unit apartment in the City of Pasadena, California delivered vacant. The property is situated on a large lot size of �13,869 square feet lot (PSR*) which provides buyers the options for future development.
The property is located just a 6-minute commute to Old Town Pasadena and offers access to all amenities the City of Pasadena has to offer. Bountiful open parking is available to the tenants. The attractive unit mix consists of one -2bed+1bath unit, three- 1bed+1bath units, and one studio unit. All units are turn-key and most have never been lived in. Most of the units have been completely remodeled. The property has brand new HVAC, plumbing & Electrical. This is a well-located deal, completely upgraded and ready for move-in.
Currently, the property currently is master leased to an operator for $8,200 a month and the tenant covers all utilities excluding property taxes and insurance but will be delivered free of any tenants to a new buyer.
Please contact the listing agent for more information.
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Zoning PSR*
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Laundry None
Exterior
Pool None
Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks, Urban
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Justin White • Justin White