4 Units Apartment Complex situated in a quite Altadena Neighborhood. Three - 2 Bed/1 Bath Units and One - 1 Bed/ 1 Bath Unit (2 of Units are free standing single story houses). 2,924 sf. living square feet and a large 11,735 square-foot lot size. Each unit has it’s own electric meter, gas meter, water heater and laundry hook-ups. A Detached 2 Car Garage in the back of lot. There is ample amount of parking on-site, and plenty of potential to add ADU and Junior ADU on existing lot (buyer to verify). Each unit has it's own car garage. Low maintenance and easy management. Located within close proximity to Old Town Pasadena, 210 freeway, CalTech, JPL, and walking distance to the park, coff
$1,350,000
7 beds4 baths2,924 sq ft
768 E Sacramento St, Altadena, CA 91001
0.27 acre lot • 4 garage spots • Somewhat walkable
Property Details: This investment opportunity comprises two parcels of land totaling 24,744 square feet. The current development on these parcels includes: Parcel 1: A 9-unit apartment complex featuring a mix of 6 one-bedroom and 3 two-bedroom units. Additionally, this parcel boasts three 2-car garages and on-site laundry facilities. Parcel 2: Positioned to the north, this parcel includes a single-family residence at the rear of the property with a detached garage conversion. Notably, the front portion of this parcel offers ample parking space for up to 18 vehicles and a site for development. Opportunity 1: Expansion and Conversion: The prospective investor can explore the possibility of a