Skip To Content

    1255 Del Rey Avenue

    Pasadena, CA 91107
    • $1,399,000
    • STATUS: Active Under Contract
    • ON SITE: 102 days
    • ID#: SR21075106
    Under Contract
    UPDATED: 17 min ago
    $1,399,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,100
      SQFT
    • $451
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    Description

    Located in a desirable area of East Pasadena, this large unique street to street triplex offers a variety of upside options to any type of buyer/investor. This property is zoned R3 and its situated on a expansive 7700sf lot thus offering development opportunities of up to 5 units in the future (Buyer to verify). Another option is to potentially convert the current 4 car garages to an additional unit/ADU and increase income since there are 4 uncovered parking spaces on the lot. For the owner user buyer, live in one and rent the others. Two of the units have been lightly updated. All units are very light and bright. Two of the units have laundry hookups. This property has great potential.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-24T07:34:22.023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
    www.twissrealty.com/homes/116024107
    Print Image

    1255 Del Rey Avenue Pasadena, CA 91107

    • Price: $1,399,000
    • Status: Active Under Contract
    • Updated: 17 min ago
    • ID#: SR21075106
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,100
    SQFT
    $451
    $/SQFT
    1948
    Built
    Neighborhood:
    646 - Pasadena (NE)
    County:
    Los Angeles
    Area:
    646 - Pasadena (NE)
    Property Description
    Located in a desirable area of East Pasadena, this large unique street to street triplex offers a variety of upside options to any type of buyer/investor. This property is zoned R3 and its situated on a expansive 7700sf lot thus offering development opportunities of up to 5 units in the future (Buyer to verify). Another option is to potentially convert the current 4 car garages to an additional unit/ADU and increase income since there are 4 uncovered parking spaces on the lot. For the owner user buyer, live in one and rent the others. Two of the units have been lightly updated. All units are very light and bright. Two of the units have laundry hookups. This property has great potential.
    Exterior Features

    Lot Features Rectangular Lot Number Of Separate Electric Meters 3 Open Parking Spaces 6 Parking Total 10 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Appliances Electric RangeGas Range Common Walls No Common Walls

    Property Features

    Additional Parcels YN No Common Interest None Community Features Street Lights Contingency Sale Subject To Seller Obtaining A Clear Title. Exclusions Tenant's Personal Property Garage YN Yes Gross Income 70200 Gross Scheduled Income 70200 Insurance Expense 1200 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer HookupInside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New LoanConventional1031 Exchange Net Operating Income 45153 New Construction YN No New Taxes Expense 17487 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 2547 Rent Control YN No Senior Community YN No Sewer Unknown Special Listing Conditions Standard Tenant Pays Cable TvElectricityTelephone Trash Expense 2160 Water Sewer Expense 4200 Water Source Public Zoning Psr3

    Listing provided courtesy of Aristide Buhoiu of Royal Estate Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-24T07:34:22.023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365365350-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365365350-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365365350-1.jpg
    Logo
    Twiss Realty
    5071-A Cole Road
    Mariposa CA, 95338