$ 4,188,000
112 N Mar Vista Avenue Pasadena, CA 91106
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$ 4,188,000
Est. payment /mo
Price Dropped by $200K
112 N Mar Vista Avenue Pasadena, CA 91106
5 Beds
4 Baths
8,736 Sqft Lot
UPDATED:
10/29/2024 02:18 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR24175836
Bedrooms 5
HOA Y/N No
Lot Size 8,736 Sqft
Property Description
Welcome to the Mar Vista Apartments, centrally located in the popular South Lake Avenue District of Pasadena and blocks from Caltech and Pasadena City College. This 10-unit complex is a mix of 8 one-bedroom and 2 two-bedroom units and is a great opportunity to invest in a vibrant growing neighborhood. Located within walking or biking distance of Colorado Boulevard and South Lake Avenue, the tenants have lots of options for shopping, dining and excellent coffee. The complex is well-maintained, each unit has parking, and there is a laundry facility located onsite. The rents are at or near market rate, making this investment property turnkey and easy to manage.
Welcome to the Mar Vista Apartments, centrally located in the popular South Lake Avenue District of Pasadena and blocks from Caltech and Pasadena City College. This 10-unit complex is a mix of 8 one-bedroom and 2 two-bedroom units and is a great opportunity to invest in a vibrant growing neighborhood. Located within walking or biking distance of Colorado Boulevard and South Lake Avenue, the tenants have lots of options for shopping, dining and excellent coffee. The complex is well-maintained, each unit has parking, and there is a laundry facility located onsite. The rents are at or near market rate, making this investment property turnkey and easy to manage.
Welcome to the Mar Vista Apartments, centrally located in the popular South Lake Avenue District of Pasadena and blocks from Caltech and Pasadena City College. This 10-unit complex is a mix of 8 one-bedroom and 2 two-bedroom units and is a great opportunity to invest in a vibrant growing neighborhood. Located within walking or biking distance of Colorado Boulevard and South Lake Avenue, the tenants have lots of options for shopping, dining and excellent coffee. The complex is well-maintained, each unit has parking, and there is a laundry facility located onsite. The rents are at or near market rate, making this investment property turnkey and easy to manage.
Location
State CA
County Los Angeles
Area Pasadena (91106)
Zoning Assessor
Interior
Cooling Wall/Window
Appliance Combination Heating
Exterior
Garage Unit1:Assigned
Building
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Monthly Total Fees $179
Acceptable Financing Cash, Exchange
Space Rent $3,150
Listing Terms Cash, Exchange
Listed by James Moran • Moran Real Estate Inc.