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Listed by Handoko Chen • Growth Investment Group Pasade
$3,800,000
Est. payment /mo
0.48 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR25146336
Year Built 1949
Lot Size 0.480 Acres
Source California Regional MLS
Property Description
SELLER MAY CARRY - Pride-of-Ownership 10-unit (4 Houses & 2 Triplexes) on a large 21k SF R3 Zoned Lot, Excellent Unit Mix, Gated, Garage Parking, Drawings for 2 ADUs are included. MONTANO VILLAS, a 10-unit garden style apartment investment opportunity located in the City of Pasadena, CA. This exceptional property comprises 4 bungalows/houses and 2 triplexes and is situated on a large ±20,911sf R3 lot. This value-add investment opportunity provides savvy investors with high-quality assets in a strong Pasadena submarket with significant rental upside potential and future expansion opportunities. The ownership had completed many significant capital improvements: Some of the major improvements are recently replaced roofs, new Central A/C and heating in each unit, new double pane windows throughout. An initial drawing for 2 ADU units would be included in the sale. MONTANO VILLAS is a pride-of-ownership attractive two-story garden style gated community that was built in 1949. It has a total of 8,340 SF building size and is situated on a ±20,911 SF R3 lot size. It offers excellent curb appeal with manicured landscaping. The property has 4 patio homes with a semi-private porch and side yard. The 4 patio homes are all 2 bedrooms+1bathroom units complete with laundry hookups. Each pati
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Rooms
Kitchen Dishwasher, Freezer, Garbage Disposal, Hood Over Range, Oven Range - Gas, Refrigerator
Interior
Heating Wall Furnace , Central Forced Air
Cooling Central AC, Window / Wall Unit
Laundry Gas Hookup, Laundry Area, 30, Washer, Washer/Dryer - Owned, Community Facility, Dryer
Exterior
Parking Features Assigned Spaces, Carport
Garage Spaces 10.0
Pool 31, None
View Hills
Roof Type Shingle
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 5838040015
Special Listing Condition Not Applicable
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