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$ 2,250,000
Est. payment /mo
Price Dropped by $150K
580 N Holliston Avenue Pasadena, CA 91106
5 Beds
3 Baths
0.27 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26096741
Bedrooms 5
Lot Size 0.275 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to present Holliston House & Apartments, 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, electrical, dual-pane windows, and driveway. With strong rents in place, this asset generates a current cap rate of 5.0%, 6.4% 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
Zoning Public Rec
Direction Driving West on East Villa Street, Turn Right Onto North Holliston Avenue, Property Will be on Your Right
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5739020017
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Ryan Loria, DRE#02006138 Triqor Group
NEARBY SCHOOL & BUSINESS