$1,577,500
$1,675,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
7,095 Sqft Lot
SOLD DATE : 07/09/2021
Key Details
Sold Price $1,577,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-105
MLS Listing ID 320005044
Sold Date 07/09/21
HOA Y/N No
Year Built 1952
Lot Size 7,095 Sqft
Property Description
Wonderful investment opportunity value add property in beautiful Altadena. Property is mixed use total of 5 units consisting of 2 separate buildings on 1 lot. Building #1 2468, 2470, 2472, & 2474 El Molino total of 3,264sqft is the residential 4 units. The residential unit mix is Two ( 2 beds 1 bath ) & Two ( 1 bed 1 bath ). All residential units have 1 carport parking space. All residential tenants are on month to month leases and are below market rate. Building #2 848 Marcheta St is the commercial office space that has 4 rooms, 1 bathroom & 1 parking space. 1,250sqft is the commercial office space and it is delivered vacant perfect for an owner operator or to lease out. Bonus income includes coin operated laundry & storage rental. Located one block from the main shopping area of Lake Avenue and Mariposa. Please do not disturb tenants, they are not aware of sale.
Location
State CA
County Los Angeles
Area 604 - Altadena
Zoning LCC3 R2-P
Interior
Fireplace No
Exterior
View Y/N No
Private Pool No
Building
Lot Description Corner Lot
Entry Level One,Two
Level or Stories One, Two
New Construction No
Others
Tax ID 5845018003
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Financing Private
Special Listing Condition Standard
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Bought with EUNA JEE • RE/MAX PREMIER/ARCADIA
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "