112 N Mar Vista Avenue

Pasadena, CA 91106

  • 0 Bed(s)
  • 0 Bath(s)
  • 6,920 Sqft
  • 8736
    Sqft(Lot)
$4,100,000

Description

A very well-maintained property in an excellent location only several blocks away from caltech and pasadena city college. with a walk score of 94 and proximity to many amenities in the area including lake ave district and old town pasadena and flurries of restaurants along colorado blvd, this community offers an ease of management and easy to rent investment. offered at close to 5% cap rate, this investment presents an excellent opportunity for savvy investors to buy a very well-located apartment with no known deferred maintenance and excellent in-place rents.



the property was built in 1959 and situated on southeast corner of mar vista ave and union st. it has a total of ±6,920sf building size and is situated on a large ±8,744sf r4 lot. it has small lawn in the front with side paver stone courtyard that provides easy access to units. the roof is in excellent condition and the property has updated exterior paint. it offers an excellent unit mix of two (2) 2-bedroom+1-bathroom, and eight (8) 1-bedroom+1-bathroom units. approximately 8 out of 10 of the units have had upgrades with updated kitchen, updated flooring and updated bathroom (buyer to verify). the units are spacious and bright with updated dual pane windows throughout.



there are 9 parking spaces provided by carports in the back – there is no soft story retrofit required. parking is secured by an automatic parking gate. there is a shared laundry room with seller’s own machines. each unit is separately metered for gas and electricity.



the property is located within the central pasadena area (near pasadena city college and california institute of technology), south of 210 freeway and just within minutes to old town pasadena area. boasting a walk score of 94 with superb demographics, it offers a superior location with easy access to fwy 210 and fwy 134. it is approximately a mile away from pasadena playhouse district, and around ±1.8miles from old town pasadena. it is also just minutes from the pasadena convention center, norton simon museum, pacific asia museum, shopping and dining in the area. the property has superb access to fwy 210 and offers an easy commute to additional employment centers of downtown los angeles and adjacent cities of burbank and glendale via 134 freeway.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Mid-Century Modern

  • AD ID

    47992231

Sell a home like this and save $245,501 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Windows: Double Pane Windows
    • Property Appliances: Gas Range,Microwave,Refrigerator
    • Fireplace: None
    • Flooring: Laminate,Wood

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1959
    • Building Area Total: 6,920

    Accessibility Features

    • None

    Pool Features

    • None

    Laundry Features

    • Common Area

    Fencing

    • Wrought Iron

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2006
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 8736

  • Listing Price Information

    • Original List Price: 4,100,000
    • Listing Contract Date: 2024-12-05

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5738013030

  • Garage and Parking

    • Garage Description: Assigned,Detached Carport

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 647 - Pasadena (SW)
    • Postal Code Plus 4: 1428
    • Directions: Fwy 210 exit Hill Ave - go south on Hill and make right turn on Union St, building will be on left corner about 2-3 blocks away
    • Zoning: PSR4
    • Source Property Type: Residential Income
    • Area: 647 - Pasadena (SW)
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 65
    • Common Walls: 2+ Common Walls
    • Property Condition: Updated/Remodeled
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: ground
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Message allows only 500 character
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

BuyOwner last updated this listing 12/18/2024 @ 05:21

  • MLS: AR24245071
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 6,920 sqft, 8,736 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Pasadena , in zip code 91106, this Los Angeles County Home are nearby neighborhoods.