326--332 S Rosemead Boulevard

    Pasadena, CA 91107
    • $1,388,000
    • STATUS: Active Under Contract
    • ON SITE: 190 days
    • ID#: AR19234226
    Under Contract
    UPDATED: 200 min ago
    $1,388,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,846
      SQFT
    • $286
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    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/99550671

    326--332 S Rosemead Boulevard Pasadena, CA 91107

    • Price: $1,388,000
    • Status: Active Under Contract
    • Updated: 200 min ago
    • ID#: AR19234226
    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 Garage Spaces 5.00 Lot Features Back YardPaved Lot Size Source Assessor Lot Size Units Square Feet Parking Total 5.00 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Roof Composition

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features Bonus RoomPatio Fireplace YN Yes Flooring Wood Heating Wall Furnace Heating YN Yes Laundry Features In KitchenIndividual Room Room Type Bonus RoomUtility RoomWalk-In Closet

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 5.13 Community Features SidewalksStreet Lights Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 87360.00 Gross Scheduled Income 87360.00 Insurance Expense 2900.00 Land Lease YN No Laundry YN Yes Lot Dimensions Source Assessor Maintenance Expense 600.00 Net Operating Income 70847.00 New Construction YN No New Taxes Expense 9845.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 16513.00 Professional Management Expense 0.00 Property Sub Type Commercial/Residential Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasTelephone Total Actual Rent 87360.00 Total Expenses 16513.00 Trash Expense 1488.00 Utilities Electricity ConnectedNatural Gas Connected Water Sewer Expense 1680.00 Water Source Public Year Built Source Assessor Zoning Com/Ofc/Res Mixed Use

    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.

     
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    Bonsall CA, 92003