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Active
1305 N Garfield Ave Pasadena, CA 91104
$12,995,000
48 beds
19,002 sq ft

Courtesy of Nourmand & Associates-BH 310-274-4000

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Laura Alice Scaturro

Laura Alice Scaturro

Founder

DRE# 01942167

Property Description

Located in a highly desirable Pasadena location is this remodeled 24-unit apartment building. This building is NOT under Los Angeles rent control and is fully occupied with an impressive rent roll generating high income. Attractive assumable financing at 3.3% available as well! Building has recently been remodeled with high quality finishes in all units, proven to be very desirable to potential tenants. Units are rarely available and any vacancy creates tremendous interest and leases quickly at increasing prices! All units are two bedrooms with modern open floor plans, quartz countertops, stainless steel appliances, wood-like flooring throughout, and include in-unit washer and dryers. The building has secured access with gated parking and 24 parking spaces. Soft story retrofit has already been completed. Just minutes to all the restaurants, shopping and attractions of Old Town Pasadena.An all around exceptional opportunity for a savvy investor in a prime location!

Property Details & Features

Property Type

  • Multi Family Residence

Year Built

  • 1964

Appliances and Equipment

  • Washer
  • Dryer
  • Dishwasher
  • Garbage Disposal
  • Range/Oven

Bathrooms

  • 24.00 total bathrooms

Bedrooms

  • 48 total bedrooms

House

  • 19,002 sq ft
  • Built in 1964
  • Attached
  • Mid-Century

Cooling

  • Wall/Window
  • Window Unit(s)

Disclosures

  • As Is

Garage

  • Controlled Entrance
  • Community Garage
  • Driveway Gate

Heating

  • Wall

Laundry

  • In Unit

Listing

  • ListDate: 2022-07-18
  • PricePerSqFt: $684
  • 25 days on market

Location

  • County: Los Angeles
  • ListingArea: Pasadena NE

Lot

  • LotAcreage: 0.5845
  • LotSizeArea: 25,460

Parking

  • CoveredParking: 24
  • TotalParking: 24

Property

  • NumberOfUnits: 24
  • ViewDescription: Trees/Woods,City,City Lights
  • ViewYN: 1
  • Zoning: PSR3
  • Balcony
  • Updated/Remodeled

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