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Listed by Ryan Loria • Triqor Group
$ 2,400,000
Est. payment /mo
Active
580 N Holliston Avenue Pasadena, CA 91106
4,744 SqFt
UPDATED:
10/26/2024 12:48 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,744 sqft
Price per Sqft $505
MLS Listing ID CRPW24219093
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1963
Lot Size 0.275 Acres
Property Description
Holliston House & Apartments is a charming, well-maintained and substantially upgraded 5-unit community in Pasadena, CA. The property features a one-of-a-kind unit mix consisting of a beautiful 2000 sq. ft. 3-bedroom 2.5-bath + Den craftsman style home and four 2-bedroom 1-bath units with covered parking and individual gas and electric meters. All units have been extensively remodeled with high-end designer finishes such as quartz countertops, stainless steel appliances, custom cabinetry, recessed LED lighting, fully remodeled kitchens and bathrooms. The home features central heating, a wall A/C unit in every room, washer/dryer hookups, hardwood flooring, a basement, and a den. The 2-bedroom units are spacious with an open floor plan and feature high quality wood-look tile flooring, custom walk-in showers with designer tiles, new wall heating and A/C units. Nearly everything is brand new, including: roofs, plumbing, sewer line, electrical, dual-pane windows, and driveway. With strong rents in place, this asset generates a current cap rate of 4.9%, 6.1% with market rents. This property is ideal for investors seeking a well-located, turnkey asset with upside potential and NO differed maintenance.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Gas Dryer Hookup, Other
Building
Lot Description Other
Water Public
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