See all 43 photos
43 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$4,200,000
Est. payment /mo
0.34 Acres Lot
UPDATED:
12/19/2024 06:04 AM
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV24237527
HOA Y/N No
Year Built 1987
Lot Size 0.336 Acres
Property Description
Discover an exceptional residential income property in a highly sought-after Altadena neighborhood. This versatile investment features four separate buildings with a total of nine income-generating units, including one single-family residence, two duplexes, and one four-plex. Unit numbers include 1, 1A, 2, 3, 3A, 4, 5, 5B, and 6. The property offers a mix of layouts to cater to diverse tenant needs, with highlights such as 8 covered carport spaces, 2 uncovered spaces, and a shared laundry area, while Units #1, #2, and #4 enjoy the added convenience of interior laundry. Designed for ease of management, this low-maintenance property includes 6 gas meters and 7 electric meters, ensuring efficient operation. Select units feature private enclosed yards, and all are equipped with wall A/C and heaters. There are also two storage units on the property. The buildings are thoughtfully laid out, with Unit #6 as a standalone home, Units #5 and #5B forming a duplex, Units #2 and #4 featuring an upper/lower duplex design, and Units #1, 1A, 3, and 3A comprising a four-plex. The property has been meticulously maintained, with roofs in great condition at just 15 years old, freshly landscaped grounds, and recently remodeled interiors. This is a prime investment opportunity offering stable rental income and significant upside potential in a fantastic location. Contact us today and be sure to check out our video tour!
Location
State CA
County Los Angeles
Area 604 - Altadena
Zoning LCR2YY
Interior
Fireplace No
Laundry Common Area, Inside, See Remarks
Exterior
Pool None
Community Features Suburban
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level One,Two
Sewer Public Sewer
Water Public
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 5845024025
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Read Less Info
Listed by Alexis Stapp-Fu • EXP REALTY OF CALIFORNIA INC • 909-727-2391