962 Cypress Avenue

    Pasadena, CA 91103
    • $1,125,000
    • STATUS: Active
    • ON SITE: 18 days
    • ID#: SR18254385
    UPDATED: 61 min ago
    $1,125,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,660
      SQFT
    • $678
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1913
    County:

    School Ratings & Info

    Description

    We are proud to represent this 3-unit complex in Pasadena. The buildings were constructed in 1913. Its unit mix consists of (1) 3-bedroom, two-bedroom unit, (1) two-bedroom, one-bathroom unit, and (1) two-bedroom, one-bathroom unit. With a lot size of 4,478 square feet, it has a total of 1,660 rentable square feet. The property is sold together with the triplex next door which offer residential thirty year fixed financing vs commercial financing. The property is situated in Pasadena, which offers a comfortable blend of urban and suburban amenities. Downtown Pasadena+GGs clean, sunny sidewalks are lined with opportunities for great dining and shopping. The city also has numerous cultural centers, such as the Huntington Library and Descanso Gardens; it is also home to the Rose Bowl, which is a famous site for both sporting and cultural events. It is separately metered for gas and electricity.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T14:33:10.59. 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/88903363

    962 Cypress Avenue Pasadena, CA 91103

    • Price: $1,125,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: SR18254385
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    1,660
    SQFT
    $678
    $/SQFT
    1913
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    We are proud to represent this 3-unit complex in Pasadena. The buildings were constructed in 1913. Its unit mix consists of (1) 3-bedroom, two-bedroom unit, (1) two-bedroom, one-bathroom unit, and (1) two-bedroom, one-bathroom unit. With a lot size of 4,478 square feet, it has a total of 1,660 rentable square feet. The property is sold together with the triplex next door which offer residential thirty year fixed financing vs commercial financing. The property is situated in Pasadena, which offers a comfortable blend of urban and suburban amenities. Downtown Pasadena+GGs clean, sunny sidewalks are lined with opportunities for great dining and shopping. The city also has numerous cultural centers, such as the Huntington Library and Descanso Gardens; it is also home to the Rose Bowl, which is a famous site for both sporting and cultural events. It is separately metered for gas and electricity.
    Exterior Features

    Garage Spaces 0.00 Lot Features 26-30 Units/AcreFront Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 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 1 Common Wall Laundry Features Community

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features SuburbanUrban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 475.00 Gross Income 65993.00 Gross Scheduled Income 65993.00 Insurance Expense 1250.00 Land Lease YN No Laundry YN Yes Net Operating Income 45046.00 New Construction YN No New Taxes Expense 14063.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Operating Expense 20948.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 20948.00 Trash Expense 0.00 Water Sewer Expense 3750.00 Water Source Public Year Built Source Assessor Zoning Psr1

    Listing provided courtesy of Cindy Hill of Keller Williams Realty-Studio.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T14:33:10.59. 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.
     
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