Address
1421 N Fair Oaks Avenue Pasadena, CA
Price
$ 1,450,000
Property Attributes
  • MLS#PW21031533
  • TypeIncome
  • CountyLOS ANGELES
  • CityPasadena
  • AreaPasadena
  • Zip91103
  • Style
  • Price$ 1,450,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms0
  • Lot Size0.32 Acres
Listing Provided Courtesy Of:
Justin White with Justin White.
Data Source:
CRMLS
Property Description

1421 N Fair Oaks is a 5-unit apartment in the City of Pasadena, California delivered vacant. The property is situated on a large lot size of ±13,869 square feet lot (PSR*) which provides buyers the options for future development. The property is located just a 6-minute commute to Old Town Pasadena and offers access to all amenities the City of Pasadena has to offer. Bountiful open parking is available to the tenants. The attractive unit mix consists of one -2bed+1bath unit, three- 1bed+1bath units, and one studio unit. All units are turn-key and most have never been lived in. Most of the units have been completely remodeled. The property has brand new HVAC, plumbing & Electrical. This is a well-located deal, completely upgraded and ready for move-in. Currently, the property currently is master leased to an operator for $8,200 a month and the tenant covers all utilities excluding property taxes and insurance but will be delivered free of any tenants to a new buyer. Please contact the listing agent for more information.

Price History
2/15/2021 Listed $1,500,000
3/12/2021 4% - $1,450,000

General Features

Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks, Urban
MLS Area 645 - Pasadena (NW)
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Sewer Public Sewer
Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Total Units 5
Water Sewer Expense 3000
Zoning PSR*

Interior Features

Common Walls 2+ Common Walls
Laundry Features None

Exterior Features

Lot Features 0-1 Unit/Acre
Lot Size Acres 0.32
Lot Size Area 13870
Lot Size Source Assessor
Lot Size Square Feet 13870
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 1
Number of Separate Gas Meters 1
Number of Separate Water Meters 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91103

Price
AVG $1.34M
$1.45M
Visits
AVG 74
112
Year Built
AVG 1935
1885
Walkscore
AVG 76
68
Data Provided by Walkscore ® not using MLS data

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