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    160 N Holliston Avenue

    Pasadena, CA 91106
    • $3,600,000
    • STATUS: Active Under Contract
    • ON SITE: 40 days
    • ID#: 21750292
    Under Contract
    UPDATED: 53 min ago
    $3,600,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    160 N. Holliston Ave The Holliston built in 1962 is in Pasadena which is considered one of the best places to live in Los Angeles. This 12-unit apartment building consists of 8,984 Sq. Ft. and resides on a 12,318 Sq. Ft. lot. The Holliston is comprised of (4) 2-bedrooms + 1-bathroom units, and (8) 1-bedroom + 1-Bedroom units. On-site laundry is available to the tenants along with covered parking spaces. Current rents are well below market and the opportunity exists for a new owner to add value and maximize rents resulting in a stabilized 5.6%+ Cap Rate. The location of The Holliston is in the highly desirable rental market of Pasadena, known for its trendy eateries, outdoor activities, and cool location where tenants are willing to pay to live in one of the best neighborhoods in all of Los Angeles.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-29T08:24:45.983. 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/118454173
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    160 N Holliston Avenue Pasadena, CA 91106

    • Price: $3,600,000
    • Status: Active Under Contract
    • Updated: 53 min ago
    • ID#: 21750292
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    1962
    Built
    Neighborhood:
    648 - Pasadena (SE)
    County:
    Los Angeles
    Area:
    648 - Pasadena (SE)
    Property Description
    160 N. Holliston Ave The Holliston built in 1962 is in Pasadena which is considered one of the best places to live in Los Angeles. This 12-unit apartment building consists of 8,984 Sq. Ft. and resides on a 12,318 Sq. Ft. lot. The Holliston is comprised of (4) 2-bedrooms + 1-bathroom units, and (8) 1-bedroom + 1-Bedroom units. On-site laundry is available to the tenants along with covered parking spaces. Current rents are well below market and the opportunity exists for a new owner to add value and maximize rents resulting in a stabilized 5.6%+ Cap Rate. The location of The Holliston is in the highly desirable rental market of Pasadena, known for its trendy eateries, outdoor activities, and cool location where tenants are willing to pay to live in one of the best neighborhoods in all of Los Angeles.
    Exterior Features

    Carport YN Yes Parking Features Carport Pool Features None Pool Private YN No Spa Features None Spa YN No

    Interior Features

    Appliances Gas RangeOven Heating Wall Furnace Heating YN Yes

    Property Features

    Gross Income 208303 Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 142742 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Psr4

    Listing provided courtesy of David Weinberger of Keller Williams Studio City and Megan Husri of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-29T08:24:45.983. 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.
     
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