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    429 N Hill Avenue

    Pasadena, CA 91106
    • $2,399,000
    • STATUS: Active
    • ON SITE: 127 days
    • ID#: DW20098445
    UPDATED: 56 min ago
    $2,399,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,228
      SQFT
    • $567
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1959
    County:

    School Ratings & Info

    Description

    A TRULY UNIQUE AND EXCITING OPPORTUNITY FOR INVESTORS in a fantastic location in Pasadena. The unit mix consists of (1) 4 bedroom/ 2-bathroom, (1) 2-bedroom/1- bathroom, (4) 1- bedroom/ 1-bathroom, and (1) studio. The 4-bedroom and 2-bedroom units contain central A/C & heating with wall A/C and furnace in the others. Great curb appeal. Great. Units are in good condition. The lot size, at 11,414 SF is HUGE, with individual garage spaces, carport parking and plenty of open pavement for additional parking. Street parking without permits is allowed as well!. Laundry machines are owned by landlord, not rented, and will transfer to the new owners for additional income. The location is convenient and accessible with instantaneous freeway access, close to Old Town and and the fun Pasadena sports. The school district and amenities make this a highly desirable and in-demand rental community

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-28T17:32:25.607. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Apple Financial Network, Inc.. Licensed in the State of California, USA.

    www.applefinancialnetwork.com/homes/106182539
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    429 N Hill Avenue Pasadena, CA 91106

    • Price: $2,399,000
    • Status: Active
    • Updated: 56 min ago
    • ID#: DW20098445
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    4,228
    SQFT
    $567
    $/SQFT
    1959
    Built
    Neighborhood:
    645 - Pasadena (NW)
    County:
    Los Angeles
    Area:
    645 - Pasadena (NW)
    Property Description
    A TRULY UNIQUE AND EXCITING OPPORTUNITY FOR INVESTORS in a fantastic location in Pasadena. The unit mix consists of (1) 4 bedroom/ 2-bathroom, (1) 2-bedroom/1- bathroom, (4) 1- bedroom/ 1-bathroom, and (1) studio. The 4-bedroom and 2-bedroom units contain central A/C & heating with wall A/C and furnace in the others. Great curb appeal. Great. Units are in good condition. The lot size, at 11,414 SF is HUGE, with individual garage spaces, carport parking and plenty of open pavement for additional parking. Street parking without permits is allowed as well!. Laundry machines are owned by landlord, not rented, and will transfer to the new owners for additional income. The location is convenient and accessible with instantaneous freeway access, close to Old Town and and the fun Pasadena sports. The school district and amenities make this a highly desirable and in-demand rental community
    Exterior Features

    Carport Spaces 3.00 Lot Features 6-10 Units/Acre Lot Size Dimensions 11415 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00 Uncovered Spaces 5.00

    Interior Features

    Condo Area Units Square Feet Cooling Central AirWall/Window Unit(S) Cooling YN Yes Heating Central Heating YN Yes Laundry Features Common Area

    Property Features

    Accounting Type Actual Additional Parcels YN No Asset Class Multi-Family Building Area Units Square Feet Building Status Existing Country Us Gross Scheduled Income 137160.00 Insurance Expense 2490.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry Income 480.00 Laundry YN Yes Leasable Area Units Square Feet Lot Dimensions Source Assessor Maintenance Expense 2400.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 101695.35 Number Of Units Leased 6 Occupancy Occupied Operating Expense 35464.65 Other Expense 2680.00 Professional Management Expense 0.00 Property Sub Type Multi Family Resident Manager Expense 0.00 Special Listing Conditions Standard Trash Expense 1772.00 Water Sewer Expense 3538.00 Water Source Public Year Built Source Assessor Zoning Psr4

    Listing provided courtesy of Veva Gonzalez of Remax Sky and Julio Midolo of Remax Sky


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-28T17:32:25.607. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Apple Financial Network, Inc.. Licensed in the State of California, USA.

     
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