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$ 2,250,000
Est. payment /mo
Price Dropped by $150K
580 N Holliston AVE Pasadena, CA 91106
0.27 Acres Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26096741
HOA Y/N No
Year Built 1963
Lot Size 0.275 Acres
Property Sub-Type Apartment
Property Description
We are pleased to present Holliston House & Apartments, a charming, well-maintained and substantially upgraded 5-unit community in Pasadena, CA. The property features a one-of-a-kind unit mix consisting of a beautiful 2000 sq. ft. 3-bedroom 2.5-bath + Den craftsman style home and four 2-bedroom 1-bath units with covered parking and individual gas and electric meters. All units have been extensively remodeled with high-end designer finishes such as quartz countertops, stainless steel appliances, custom cabinetry, recessed LED lighting, fully remodeled kitchens and bathrooms. The home features central heating, a wall A/C unit in every room, washer/dryer hookups, hardwood flooring, a basement, and a den. The 2-bedroom units are spacious with an open floor plan and feature high quality wood-look tile flooring, custom walk-in showers with designer tiles, new wall heating and A/C units. Nearly everything is brand new, including: roofs, plumbing, electrical, dual-pane windows, and driveway. With strong rents in place, this asset generates a current cap rate of 5.0%, 6.4% with market rents. This property is ideal for investors seeking a well-located, turnkey asset with upside potential and NO differed maintenance.
Location
State CA
County Los Angeles
Area 646 - Pasadena (Ne)
Interior
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Carport Spaces 5
Pool None
Community Features Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description Irregular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5739020017
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Listed by Ryan Loria Triqor Group #02006138
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