Available
Back to listing
Property Details
Address
1562 N Lake Avenue, Pasadena, CA 91104
Price
$1,699,000
# of Units
4
Status
Available
Building Size
3,793 SF
Price/Unit
$424,750
CAP Rate
4.91%
Year Built
1907
GRM
15.35
Type
Multi-Family
Lot Size
11,936 SF
Price/SF
$447
Property Information
Rare 4-Unit Multifamily property in North Pasadena (this property qualifies for residential financing). Ideal mix of 2 x (2B+2B), 1 x (2B+1B), 1x (1B+1B). Building Size is 3,793 SF situated on large 11,936 SF lot . Each unit has their own covered carport parking. All units are currently occupied and all tenants are current on rents. Recent upgrades have been done on the property: new roofs, electrical panels, bathrooms, kitchen, flooring, and more (list of upgrades can be emailed over). Front unit is a detached home with 2 bedroom + 2 bathroom plus a bonus room that can be used as a 3rd bedroom or a home office. Ample outdoor space for landscaping or outdoor enjoyment.
