Charming Spanish style duplex in Historic Highlands. Both Units are occupied. Each Unit Has Spacious rooms, many original fixtures, arched doorways, mahogany trim and hardwood floors. Both units have two large bedrooms with 2 closets each. Washer/Dryer in the unit along with dishwasher. Both Units have 1 bathroom which has both a tub and shower. The structure has one car garage and tandem space in front of garage. Shared driveway with the other unit. Upstairs and downstairs units. Shared backyard with both units, and brick patio.
Courtesy: Lucent Properties
4.90 CAP RATE ! AND ZERO VACANCY ! Excellent income The hard work has been done for YOU - TURNKEY investment opportunity Truly One of A Kind Investment Property - Superb Location nearby PCC, Cal Tech, VONS, and In & Out. Extensive "Pride of Ownership" Fully remodeling was done in 2023. The Complex features 6 two-bedroom units and one 3-bedroom unit, These are highly desirable Townhouse-Styled Units with 7 onsite Parking Spaces. Remodeled interiors with newer interior paint, waterproof flooring, lighting and crown moldings throughout, custom cabinetry, quartz countertops, stainless steel appliances, technically upgraded with Nest Thermostats and Ring Cameras. Newer exterior paint, Double glazing windows and glass sliding doors. Exterior termite repairs completed in early 2023. Copper Plumbing. Separate Electricity & Gas Meters. On Site Laundry Room with 2 Sets coin of Machines. total 8 water heaters , 3 new replaced few months ago , one water heater just for the laundry room, so many upgraded, ETC! This property is priced to sell!!! do not miss this one!!!Property is being sold as is .
Courtesy: The Agency
Courtesy: eXp Realty of Greater Los Angeles, Inc.
Courtesy: Marcus & Millichap
Courtesy: Marathon Real Estate Group Inc
Courtesy: Growth Investment Group Pasade
Courtesy: Re/Max Premier Prop SanMarino
Courtesy: KW Executive
Courtesy: Triqor Group
Courtesy: Gotham Elite Properties
Courtesy: John Keshishian, BROKER
Courtesy: COMPASS
Courtesy: Realty Investment Advisors, Inc.
Courtesy: Growth Investment Group Pasade
Courtesy: John Keshishian, BROKER
481 Lincoln Ave., Pasadena is a turnkey and upgraded 7 units apartment complex (Unit mix: 4x 1 Bed+1 Bath, 1x 2 Bed+1 Bath, 2x 2 Bed+2 Baths). Class-A Location, and 100% OCCUPIED. ASSUMABLE EXISTING LOAN AT 3.83% UNTIL FEBRUARY, 2029 !!!! 2 story building was built in 1903 and single story building was built in 1952. BOTH BUILDINGS EXTERIOR FAÇADE WERE FULLY RENOVATED AND UPGRADED IN 2022. 5 out of 7 units were also upgraded with New Paint, Kitchen, Bathroom, Flooring. Updated Roof, New Electrical Main Panels and Subpanels. New Plumbing. New Windows. New Driveway Entrance. Each unit is individually metered for electricity and gas. Parking is provided by 5 open spaces between 2 buildings. The property is situated on a large corner lot of approximately 12,011 SF lot size. Great value-add opportunity for a short or long-term investment. The property is in a highly desirable centrally located neighborhood and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.
Courtesy: John Keshishian, BROKER
Courtesy: Coldwell Banker Realty
Courtesy: Keller Williams Realty
Courtesy: Keller Williams Realty
Courtesy: CB RICHARD ELLIS
Courtesy: Keller Williams Realty
Courtesy: Keller Williams Realty
Pasadena is located in California. Pasadena, California has a population of 138,771. Pasadena is less family-centric than the surrounding county with 29.61% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Pasadena, California is $89,661. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Pasadena is 39.1 years.
The average high temperature in July is 87.5 degrees, with an average low temperature in January of 45.1 degrees. The average rainfall is approximately 21.4 inches per year, with 0 inches of snow per year.
