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1434 El Sereno Avenue
Pasadena, CA 91103
Sold
1434 El Sereno Avenue
Pasadena, CA 91103
Sold
5% CAP RATE ON CURRENT RENTS! Presenting an excellent opportunity to purchase an 8 unit multi-family apartment property with very desirable qualities, good in place rents with room for future growth. At close 900 SF each these spacious units are all 2 bedroom + 1 bath and feature W/D hookups inside, front patios acting an extension of the living space and are separately metered for gas and electricity. The two single-story buildings have pitched roofs, require NO soft-story retrofitting and are situated on a oversized, corner lot that is nearly 20,000 SF with carport parking in the rear. This property is part of Pasadena city rent control laws. Please do not go on the property and disturb any tenants. Drive by only. Offers subject to inspection.
PROPERTY INFORMATION
| MLS # | 24399645 | Lot Size | 19,959 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 2,499,000
Price Per SqFt: $ 349 |
DOM | 364 Days |
| Address | 1434 El Sereno Avenue | Type | Residential Income |
| City | Pasadena | Sq.Ft. | 7,168 Sq. Ft. |
| Postal Code | 91103 | Garage | N/A |
| County | Los Angeles | Year Built | 1953 |
| Bed / Bath | 16 / 0 | Parking | 8 |
| Built In | 1953 | Status | Closed |
| Sold Date | 2024-07-01 |
INTERIOR FEATURES
| Has Appliances | Yes |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
EXTERIOR FEATURES
| Roof | Shingle |
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,666
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 06/03/2024 | Listed | $2,499,000 |
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Listing provided courtesy of Alexander Metaxas, Realty Investment Advisors, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
