






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