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260 Linda Rosa Avenue

Pasadena, CA 91107
  • $4,490,000
  • STATUS: Active
  • ON SITE: 86 Days
  • ID#: AR23168096
$4,490,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Hank Hoang of Treeline Realty & Investment (626-656-2889) and Jing Li of Treeline Realty & Investment(626-656-2889)


Description

TROPHY ASSET | One of a kind turn key opportunity for Luxury Apartments - Excellent Location nearby PCC, Cal Tech, VONS, and In & Out. Convenient Access to the 210 Freeway. Extensive remodeling was done in 2023. The Complex features 6 two-bedroom units and one 3-bedroom, Townhouse-Styled Units, with 7 onsite Parking Spaces. New Interior includes new interior paint, waterproof flooring, lighting and crown moldings throughout, custom cabinetry, quartz countertops, stainless steel appliances (including French door refrigerators), new sub-panels, technically upgraded with Nest Thermostats and Ring Cameras. New exterior paint, windows and glass sliding doors, and 6 new HVAC units, all completed in 2023. Exterior termite repairs completed in early 2023. Copper Plumbing. Separate Electricity & Gas Meters. On Site Laundry Room with 2 Sets of Machines. 7 water heaters instead of one main water heater plus a separate water heater for the laundry room. Excellent demographics with Median Household Income above $95,000 within a 3 mile radius.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T00:25:53.033. 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 Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/143218116
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260 Linda Rosa Avenue Pasadena, CA 91107

  • Price: $4,490,000
  • Status: Active
  • On Site: 86 Days
  • ID#: AR23168096
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1964
Built
Neighborhood:
648 - Pasadena (SE)
County:
Los Angeles
Area:
648 - Pasadena (SE)
Property Description
TROPHY ASSET | One of a kind turn key opportunity for Luxury Apartments - Excellent Location nearby PCC, Cal Tech, VONS, and In & Out. Convenient Access to the 210 Freeway. Extensive remodeling was done in 2023. The Complex features 6 two-bedroom units and one 3-bedroom, Townhouse-Styled Units, with 7 onsite Parking Spaces. New Interior includes new interior paint, waterproof flooring, lighting and crown moldings throughout, custom cabinetry, quartz countertops, stainless steel appliances (including French door refrigerators), new sub-panels, technically upgraded with Nest Thermostats and Ring Cameras. New exterior paint, windows and glass sliding doors, and 6 new HVAC units, all completed in 2023. Exterior termite repairs completed in early 2023. Copper Plumbing. Separate Electricity & Gas Meters. On Site Laundry Room with 2 Sets of Machines. 7 water heaters instead of one main water heater plus a separate water heater for the laundry room. Excellent demographics with Median Household Income above $95,000 within a 3 mile radius.
Exterior Features

Carport Spaces 7 Carport YN Yes Entry Level 2 Entry Location Front Door Lot Features Front Yard Number Of Separate Electric Meters 8 Parking Features Assigned Parking Total 7 Pool Features None Pool Private YN No Property Attached YN Yes View None View YN No

Interior Features

Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Cap Rate 4.09 Common Interest Community Apartment Community Features CurbsSidewalks Electric Expense 0 Exclusions Tenant's personal property Fuel Expense 600 Garage YN No Gross Income 262800 Gross Scheduled Income 262800 Inclusions 7 Stoves7 Refrigerators7 Dishwashers. Insurance Expense 2880 Land Lease YN No Laundry Features Common AreaLaundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan1031 Exchange Net Operating Income 183861 New Construction YN No New Taxes Expense 57375 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Number Of Units Leased 6 Operating Expense 71055 Other Expense 1200 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Unknown Special Listing Conditions Standard Total Actual Rent 18850 Trash Expense 4200 Water Sewer Expense 3600 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T00:25:53.033. 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 Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Hank Hoang of Treeline Realty & Investment (626-656-2889) and Jing Li of Treeline Realty & Investment(626-656-2889)