$2,525,000
Active
28 Days Online
6 Beds6 Baths5,103 SQFT
Active

142 S El Molino Avenue Pasadena, CA 91101

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ASSUMABLE FINANCING @ 3.15% INTEREST!! REMODELED INTERIORS, FULL COPPER PLUMBING, UPDATED ELECTRICAL, W/D INSIDE UNITS, TANKLESS WATER HEATERS, CENTRAL AC SYSTEMS, NEWER APPLIANCES, UPDATED WINDOWS, SOFT-STORY RETROFIT COMPLETE! We are pleased to present this fantastic 6-unit property in one of the best rental areas of Pasadena with excellent rental income. The Playhouse Village area boasts as a WALKER'S PARADISE with its close proximity to restaurants, retail and S. Lake Ave. The unit mix consists of one, large 2 Bed + 2 bath unit; one 2 Bed + 1 bath unit; two 1 Bed + 1 bath units and 2 Studio + 1 bath units. The interiors offer sheik kitchen designs with newer cabinets and countertops, updated bathrooms and showers, wood flooring and newer Air Conditioners. Given their location and look these apartments have a very strong history of renting quickly and at top rents. There are six on-site, parking spaces with wall storage cabinets for tenants. The property is FULLY sprinklered for additional safety. Separately metered for electricity and gas and each unit has their own water heater. This can be purchase separately or together with the next door, 9 unit property at 664 Mira Monte Pl., MLS# 24-413665. A rare offering for one or two properties that have been well updated and meticulously managed by the ownership. PLEASE DO NOT DISTURB THE TENANTS.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site28 Days
  • MLS StatusActive
  • MLS ID Number24413263
  • Home Size Source N/A
  • Year Built1963
  • Lot Size0.1584 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Covered
  • Parking Spaces 6
  • Number of Stories Multi/Split2
  • Acreage 0.1584
  • Security Fire Sprinkler System
  • Zoning PSC-
  • Listing Conditions Standard
  • Property Condition Updated/ Remodeled

Interior Features

  • Cooling Central Air
  • Heating Central
  • Appliances DishwasherRefrigerator
  • Laundry Features Washer IncludedDryer Included

Community Features

  • Senior Community No
  • MLS Area 648 - Pasadena (SE)
  • Security Features Fire Sprinkler System

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Monthly Payment (Est.)

$12,228
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