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Key Details
Sold Price $1,225,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,826 sqft
Price per Sqft $670
MLS Listing ID 19524372
Sold Date 05/21/20
Bedrooms 6
HOA Y/N No
Year Built 1963
Lot Size 10,018 Sqft
Property Description
We are proud to present the unique opportunity to own a turn-key 3-unit property located at 940 N Summit Avenue in Pasadena, California. The offering sits on a huge 10,017 SF lot with 1,826 SF of building area and is comprised of a great mix of all 2-bed/1-bath units.The property has been meticulously rehabbed throughout with a brand new roof, new landscaping, drip system, new a/c and heating, new kitchens, cabinets, stainless steel appliances, flooring, windows & doors, bathrooms, showers, etc.The property will be delivered with 2 vacant units that are completely rent ready allowing an investor to either owner-occupy or rent to tenants of their choosing at market rents. Since the property has less than 5 units, an investor can lock in a 30-year fixed-rate residential loan with today's very low interest rates (even more favorable if one chooses to owner occupy).
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Zoning PSR1
Interior
Fireplace No
Exterior
Total Parking Spaces 3
Building
Story 1
New Construction No
Others
Senior Community No
Tax ID 5729016016
Special Listing Condition Standard
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Bought with Todd McIntosh • Coldwell Banker Realty