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350 E Orange Grove Boulevard

Pasadena, CA 91104
  • $1,450,000
  • STATUS: ACTIVE
  • ON SITE: 388 Days
  • ID#: PF22185588
$1,450,000
  • 11
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

4 units on a large lot. Lots of potential. Centrally located between Garfield & Los Robles. The front building is a residence with 6 bedrooms and 4 baths. Large front porch. Living room has beamed ceilings. Central air and heat. Large ceiling fans. Spacious kitchen with generous counter space & cabinets. The duplex located in the rear was built in 1988. It consists of 2 X two bedrooms with one bath built over the 8 car carport. Both units have laminated floors, wall heaters, acoustic ceilings & walk in & linen closets. There is a fourth unit with one bedroom / 1 bath located in the back. It has high ceilings. Sold in as-is condition. Large lot Zoned FGSP-C-3D allows for a wide variety of uses- residential care facility, office, food, catering, child care etc. Owner will rent back two of the units. Attractive GRM and CAP rate. 4 units on a large lot. Lots of potential. Centrally located between Garfield & Los Robles. The front building is a residence with 6 bedrooms and 4 baths. Large front porch. Living room has beamed ceilings. Central air and heat. Large ceiling fans. Spacious kitchen with generous counter space & cabinets. The duplex located in the rear was built in 1988. It consists of 2 X two bedrooms with one bath built over the 8 car carport. Both units have laminated floors, wall heaters, acoustic ceilings & walk in & linen closets. There is a fourth unit with one bedroom / 1 bath located in the back. It has high ceilings. Sold in as-is condition. Large lot Zoned FGSP-C-3D allows for a wide variety of uses- residential care facility, office, food, catering, child care etc. Owner will rent back two of the units. Attractive GRM and CAP rate.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
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350 E Orange Grove Boulevard Pasadena, CA 91104

  • Price: $1,450,000
  • Status: ACTIVE
  • On Site: 388 Days
  • ID#: PF22185588
11
Beds
0
Baths
0
½ Baths
0.23
Acres
Neighborhood:
Pasadena (91104)
County:
Los Angeles
Area:
Pasadena (91104)
Property Description
4 units on a large lot. Lots of potential. Centrally located between Garfield & Los Robles. The front building is a residence with 6 bedrooms and 4 baths. Large front porch. Living room has beamed ceilings. Central air and heat. Large ceiling fans. Spacious kitchen with generous counter space & cabinets. The duplex located in the rear was built in 1988. It consists of 2 X two bedrooms with one bath built over the 8 car carport. Both units have laminated floors, wall heaters, acoustic ceilings & walk in & linen closets. There is a fourth unit with one bedroom / 1 bath located in the back. It has high ceilings. Sold in as-is condition. Large lot Zoned FGSP-C-3D allows for a wide variety of uses- residential care facility, office, food, catering, child care etc. Owner will rent back two of the units. Attractive GRM and CAP rate. 4 units on a large lot. Lots of potential. Centrally located between Garfield & Los Robles. The front building is a residence with 6 bedrooms and 4 baths. Large front porch. Living room has beamed ceilings. Central air and heat. Large ceiling fans. Spacious kitchen with generous counter space & cabinets. The duplex located in the rear was built in 1988. It consists of 2 X two bedrooms with one bath built over the 8 car carport. Both units have laminated floors, wall heaters, acoustic ceilings & walk in & linen closets. There is a fourth unit with one bedroom / 1 bath located in the back. It has high ceilings. Sold in as-is condition. Large lot Zoned FGSP-C-3D allows for a wide variety of uses- residential care facility, office, food, catering, child care etc. Owner will rent back two of the units. Attractive GRM and CAP rate.
Exterior Features

Pool N/K Site CurbsSidewalks

Interior Features

Cooling Central Forced AirN/K Stories 1 Story Total Baths Unit1 4 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Units With Cooling 1

Property Features

Actual Cap Rate 4.72 Annual Expense Actual 27657 Buildings 2 Cfd Mello Roos Fee 1100.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 14.74 Gross Scheduled Income Actual 98400 Monthly Total Fees 91 Possession Other/Remarks Tenant Pays ElectricityGas/Propane Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 3000.0 Unit2 Rent Actual 1500.0 Unit3 Rent Actual 1900.0 Unit4 Rent Actual 1800.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Enrique Lizarazu of Dpp: 626-818-0980. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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