Introducing an exceptional opportunity to acquire Summit Apartments, a value-add property located in the desirable Villa Parke community of Pasadena. 5 units ready for immediate move in including 3 units fully remodeled and 9 units with long term tenants. This apartment building offers a combination of one- and two-bedroom units, featuring amenities such as new laminate wood flooring and private balconies. The property is situated in a gated community and includes a laundry room, covered parking, and copper plumbing. Built in 1989, this asset presents significant potential for rental income growth. The building includes 9 units with long-term, well-established tenants and 5 vacant units, ea
Private balconies • Gated community • Covered parking
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ABOUT THIS HOME
91103, CA Homes for Sale
481 Lincoln Ave. , Pasadena is a turnkey and upgraded 7 units apartment complex (Unit mix: 4x 1 Bed+1 Bath, 1x 2 Bed+1 Bath, 2x 2 Bed+2 Baths). Class-A Location, and 100% OCCUPIED. ASSUMABLE EXISTING LOAN AT 3.83% UNTIL FEBRUARY, 2029 !!!! 2 story building was built in 1903 and single story building was built in 1952. 2 STORY BUILDING EXTERIOR FAÇADE WERE FULLY RENOVATED AND UPGRADED IN 2021. 5 out of 7 units were also upgraded with New Paint, Kitchen, Bathroom, Flooring. Updated Roof, New Electrical Main Panels and Subpanels. New Plumbing. New Windows. New Driveway Entrance. Each unit is individually metered for electricity and gas. Parking is provided by 5 open spaces between
Welcome to 1798 N Summit Ave in Pasadena, CA! This property is a duplex, offering a unique opportunity for homeowners, investors, or anyone that is looking to add to their portfolio. With a spacious living area of 2286 square feet, this property provides comfortable living spaces for its residents. Situated on a generous 15,000 square foot lot, this duplex offers ample outdoor space, providing opportunities for potential expansions and developments. The large lot size offers additional privacy and room to customize the property to suit your needs. Each unit in this duplex features its own separate entrance, ensuring privacy and convenience for both residents. The well-designed floor plan in
* * * DEVELOPER'S DREAM * * * PRIME LOC * * * INCREDIBLE BROOKSIDE GOLF VIEW * * * LIGHT AND MOUNTAINS FROM THIS HILLSIDE * * * CONCEPT PHOTOS BASED ON PLANNER DIRECTION, LIKELY APPROVABLE W/ 1200SF ADU!. Now is your chance to own a piece of prestige. Land sold AS-IS. Buyer to investigate any and all constraints or restrictions on land with City of Pasadena. Buyer to confirm presence of utilities. AREA IS ZONED RESIDENTIAL, AGENT MAKES NO REPRESENTATIONS OR WARRANTIES AS TO THE ACCURACY OF ZONING DISTRICT INFORMATION PROVIDED. Seller has relevant reports, notes from architecture team are in notation of photos.