315 Pleasant Street

    Pasadena, CA 91101
    • $2,100,000
    • STATUS: Active
    • ON SITE: 8 days
    • ID#: AR18266611
    UPDATED: 10 min ago
    $2,100,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,502
      SQFT
    • $466
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:

    School Ratings & Info

    Description

    The Growth Investment Group is proud to present 315 Pleasant Street, a 6-unit multifamily property located in the highly desirable city of Pasadena, California. This property consists of +-4,502 sqft of living space situated on a large +-10,992 sqft lot. It offers a superb unit mix consisting of (2) x 2bedroom + 1bathroom and (4) x 1bedroom + 1 bathroom. The property was built in 1954 and this is the first time this property has been offered for sale since 1974 which is over 43 years! 315 Pleasant rarely has any vacancies because of the of its superb location which makes it convenient to walk to supermarkets, restaurants, coffee/tea shops, retail shops, department stores, entertainment, parks, libraries, and schools. This offering provides an excellent value-add opportunity for investors by adjusting rents to market.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T21:38:22.33. 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. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/89167314

    315 Pleasant Street Pasadena, CA 91101

    • Price: $2,100,000
    • Status: Active
    • Updated: 10 min ago
    • ID#: AR18266611
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    4,502
    SQFT
    $466
    $/SQFT
    1954
    Built
    Neighborhood:
    647 - Pasadena (SW)
    County:
    Los Angeles
    Area:
    647 - Pasadena (SW)
    Property Description
    The Growth Investment Group is proud to present 315 Pleasant Street, a 6-unit multifamily property located in the highly desirable city of Pasadena, California. This property consists of +-4,502 sqft of living space situated on a large +-10,992 sqft lot. It offers a superb unit mix consisting of (2) x 2bedroom + 1bathroom and (4) x 1bedroom + 1 bathroom. The property was built in 1954 and this is the first time this property has been offered for sale since 1974 which is over 43 years! 315 Pleasant rarely has any vacancies because of the of its superb location which makes it convenient to walk to supermarkets, restaurants, coffee/tea shops, retail shops, department stores, entertainment, parks, libraries, and schools. This offering provides an excellent value-add opportunity for investors by adjusting rents to market.
    Exterior Features

    Carport Spaces 6.00 Garage Spaces 0.00 Lot Features Lot 10000-19999 Sqft Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Individual Room

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Urban Country Us Electric Expense 122.00 Elevation Units Feet Fuel Expense 237.00 Gross Income 92072.00 Gross Scheduled Income 94920.00 Insurance Expense 2737.00 Land Lease YN No Laundry YN Yes Net Operating Income 58595.00 New Construction YN No New Taxes Expense 23228.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 6 Operating Expense 33478.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 33478.00 Trash Expense 2060.00 Water Sewer Expense 628.00 Water Source Public

    Listing provided courtesy of Donald La of Gig Real Estate Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T21:38:22.33. 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. Licensed in the State of California, USA.
     
    Fred Sed Realty - Keller Williams
    4010 Barranca Pkwy Suite 100
    Irvine CA, 92604