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460 Vista AvenuePasadena, CA 91107Price: $2,150,000

  • Price: $2,150,000
  • Est. Mortgage of $/month
  • 27 Days on Market
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Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,150,000List Price
  • 0.17Acreage

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Listed by Christina Dreyer of Sotheby's International Realty
Prime well-kept 2 Story apartment building with four units located in a desirable area of NE Pasadena. Peaceful residential neighborhood conveniently located within 2 miles of Pasadena City College,Fuller Seminary,the gold metro link and Caltech makes these units easy rentals for investment: or you can comfortably live in one and the other rented units pay for your mortgage. The building has 12 bedrooms and 8 bathrooms. Each well maintained unit is approximately 1,073 square feet and is spacious with 3 bedrooms and 2 bathrooms. Each unit is provided a private stackable washer,dryer,stove and refrigerator. The 2 ground level units have small private patios. Unit B has been recently remodeled with new flooring,stainless appliances,modernized stylish bathrooms and kitchen. the 5 carport Park spots could be converted into private garages. This is a potentially great investment with the possibility to raise the rents for income growth. Owner’s relative lives in one unit and will easily vacate after closing escrow. With the unit re-rented to market rents,the GRM would be 16 with a 4.76% CAP rate. Call for more information. Drive by only. Listed in MLS also as # PF21212736

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 "Based on information submitted to CA_CRMLS as of October 21, 2021 8:54 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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