Monk's Hill, CA homes for sale & real estate

Monk's Hill, CA Homes for Sale

This 6-unit Value-add apartment offering provides a whopping ±6.77% CAP Rate and ±7.95% Proforma CAP Rate translates to over 9% cash-on-cash return (buyer to verify), which is currently one of the highest CAP Rate for apartments in Pasadena submarket. The property is a two-story apartment with charming colonial revival architecture. It was built in 1892; it has a large building size of ±3,608 SF and is situated on a ±8,410 SF lot. It offers a desirable unit mix of two (2) x 2bed+1bath, and Four (4) x Studio units. Five (5) units have been upgraded with brand new flooring throughout, LED lighting, updated bathroom, 4 units have brand new kitchen with quartz counte

Monk's Hill, CA Homes for Sale

Welcome to this charming Mediterranean-style DETACHED Townhome that offers the perfect blend of comfort, privacy, and convenience. Designed to feel like a single-family residence, this home boasts over 1,900 square feet of well-planned living space with 3 spacious bedrooms and 3 bathrooms. All bedrooms are located on the second floor, where you'll also find a wheelchair-accessible main bathroom, providing added convenience and thoughtful design. The wide staircase ensures easy access to the upper level and offers the potential for future lift installation if desired. The main level welcomes you with an open floor plan, featuring a step-down living room with a cozy gas fireplace, a dining ar

Monk's Hill, CA Homes for Sale

Welcome to RIO GRANDE Apartments, a unique and attractive investment opportunity in a prime Pasadena location. This well-maintained building features four identical units, each offering 2 bedrooms, 1 bathroom, and a generous 832 sq. ft. of living space. The units are equipped with solid wood front doors, modern kitchen cabinets, tile countertops, laminate flooring, double-pane windows, and three mini-split AC units. Notably, recent upgrades include two new water heaters installed in 2018 and a complete renovation of one unit in 2019. The downstairs units boast private backyards with gardens and new wooden fences, while the upstairs units feature private balconies. Each unit provides one gar