2835 Casitas Avenue, Altadena, CA 91001

$2,188,000

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List Price
$2,188,000
Status
ACTIVE
MLS#
AR26115668
Year Built
1948
Lot Size
11,783
Acres
0.27
Lot Location
2-5 Units/Acre
Days on Market
60
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
One Level

Property Description

Rare 4-unit multifamily property located in Altadena, CA walking distance to JPL. Property qualifies for residential financing. Excellent opportunity for an owner-occupant to live in one unit and rent out the others, accommodate extended family living, or operate as a pure investment property. Situated on a large 11,853 SF rectangular lot, the property features a diverse unit mix with substantial recent improvements. The front house (2835) offers a spacious [3B+2.5B] layout. The second unit (2835B) is a cozy approximately 572 SF [1B+1B] unit complete with a full kitchen, living room, and dedicated laundry room. The third unit (2833) is an approximately 920 SF [2B+2B] newly constructed unit completed with permits. The fourth unit (2831) is an approximately 1,183 SF [2B+2B] newly constructed unit, also built with permits, and includes owned solar panels (not leased), which will be included in the sale. All four units are separately metered for gas and electricity. All four units also have their own mailing address and are separate buildings (no shared common walls). All four units also have their own laundry room. One master water meter services the property. Additional improvements include new roofs and HVAC systems for all 4 units. Front house and 4th unit is currently rented out by tenants. 2nd and 3rd unit are currently vacant.

Additional Information

Pool Description
None
Heat
Combination
Cooling
Yes
Cooling Description
Central Air, High Efficiency
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$161,400
Operating Expense
35943

Listing courtesy of Listing Agent: Donald La (donald@atlasgrouprealty.com) from Listing Office: EXP REALTY.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.