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Listed by Alexis Stapp-Fu • EXP REALTY OF CALIFORNIA INC
$ 4,200,000
Est. payment | /mo
6,812 SqFt
$ 4,200,000
Est. payment | /mo
6,812 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,812 sqft
Price per Sqft $616
MLS Listing ID CRCV24237527
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1987
Lot Size 0.336 Acres
Property Description
Discover an exceptional residential income property in a highly sought-after Altadena neighborhood. This versatile investment features four separate buildings with a total of nine income-generating units, including one single-family residence, two duplexes, and one four-plex. Unit numbers include 1, 1A, 2, 3, 3A, 4, 5, 5B, and 6. The property offers a mix of layouts to cater to diverse tenant needs, with highlights such as 8 covered carport spaces, 2 uncovered spaces, and a shared laundry area, while Units #1, #2, and #4 enjoy the added convenience of interior laundry. Designed for ease of management, this low-maintenance property includes 6 gas meters and 7 electric meters, ensuring efficient operation. Select units feature private enclosed yards, and all are equipped with wall A/C and heaters. There are also two storage units on the property. The buildings are thoughtfully laid out, with Unit #6 as a standalone home, Units #5 and #5B forming a duplex, Units #2 and #4 featuring an upper/lower duplex design, and Units #1, 1A, 3, and 3A comprising a four-plex. The property has been meticulously maintained, with roofs in great condition at just 15 years old, freshly landscaped grounds, and recently remodeled interiors. This is a prime investment opportunity offering stable rental i
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Other, Inside, See Remarks
Building
Water Public
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Partner | Lic# 00890767