326--332 S Rosemead Boulevard

    Pasadena, CA 91107
    • $1,388,000
    • STATUS: Active Under Contract
    • ON SITE: 190 days
    • ID#: AR19234183
    Under Contract
    UPDATED: 121 min ago
    $1,388,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,846
      SQFT
    • $286
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1936
    County:

    School Ratings & Info

    Description

    Good location for a great investment opportunity. Located in the SE Pasadena neighboring Arcadia and Chapman woods communities, easy access to the 210 freeway, walking distance to Starbucks, bus stops, supermarket, fast foods, shopping and restaurants. All fully occupied. Good income, best tenants, no rent control. Most tenants renting for years. This property has a newer roof consists of 3 store front units and 2 residential apartment units at the back. Residential are 2 bedroom 1 bath and 3 bedrooms 2 baths. Both units have newer windows and remodeled kitchens. Total of 5 parking spaces, 3 on the driveway and 2 inside the garage. Also lots of street parking in front for business usage. Street is newly paved, wide and open with landscaped center divider.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-10T00:29:48.673. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/99549303

    326--332 S Rosemead Boulevard Pasadena, CA 91107

    • Price: $1,388,000
    • Status: Active Under Contract
    • Updated: 121 min ago
    • ID#: AR19234183
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    4,846
    SQFT
    $286
    $/SQFT
    1936
    Built
    Neighborhood:
    648 - Pasadena (SE)
    County:
    Los Angeles
    Area:
    648 - Pasadena (SE)
    Property Description
    Good location for a great investment opportunity. Located in the SE Pasadena neighboring Arcadia and Chapman woods communities, easy access to the 210 freeway, walking distance to Starbucks, bus stops, supermarket, fast foods, shopping and restaurants. All fully occupied. Good income, best tenants, no rent control. Most tenants renting for years. This property has a newer roof consists of 3 store front units and 2 residential apartment units at the back. Residential are 2 bedroom 1 bath and 3 bedrooms 2 baths. Both units have newer windows and remodeled kitchens. Total of 5 parking spaces, 3 on the driveway and 2 inside the garage. Also lots of street parking in front for business usage. Street is newly paved, wide and open with landscaped center divider.
    Exterior Features

    Fence YN Yes Fencing Brick Lot Features Back YardPaved Lot Size Source Assessor Lot Size Units Square Feet Parking Total 5.00 Roof Composition

    Interior Features

    Condo Area Units Square Feet Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes Laundry Features In KitchenIndividual Room

    Property Features

    Accounting Type Actual Additional Parcels YN No Building Area Units Square Feet Building Status Existing Cap Rate 5.13 Country Us Gross Scheduled Income 87360.00 Insurance Expense 2900.00 Land Lease YN No Land Use Multi-FamilyRetail Laundry YN Yes Leasable Area Units Square Feet Lot Dimensions Source Assessor Maintenance Expense 600.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 70847.00 Number Of Units Leased 5 Operating Expense 16513.00 Property Sub Type Mixed Use Real Estate Tax Expense 9845.00 Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Special Listing Conditions Standard Total Expenses 16513.00 Trash Expense 1488.00 Water Sewer Expense 1680.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Beatrice Li-Wong of Li & Associates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-10T00:29:48.673. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

     
    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003