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51 S ALLEN AVE PASADENA, CA 91106
- Townhouse or Condo / Resale (MLS)
Property Details for 51 S ALLEN AVE, PASADENA, CA 91106
Features
- Price/sqft: $553
- Lot Size: 0.1975 acres
- Total Units: 6
- Total Rooms: 10
- Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
- Heating: Central Furnace,Forced Air
- Construction Type: Wood
Facts
- Year Built: 01/01/1979
- Property ID: 898535526
- MLS Number: TR24130952
- Parcel Number: 5736-025-030
- Property Type: Townhouse or Condo
- County: Los Angeles
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. This unique 6-unit apartment building in the heart of Pasadena offers a compelling investment opportunity with a diverse unit mix: one three-bedroom unit with 2.5 baths, three two-bedroom units with 1.75 baths each, and two one-bedroom units with 1 bath each, all fully occupied by reliable tenants. Managed efficiently, the property is well-maintained and has undergone significant remodeling, with five units renovated between 2010 and 2019, and one unit newly remodeled in 2023. It features individual metering for gas and electricity, while the owner covers water, gardening, trash, and common area electricity costs. Parking is ample with 9 tuck-under spaces. Recent updates include a new roof installed in 2023 and new electric sub-panels for each unit. Additional amenities include private balconies for four units, a laundry area with new metered washer and dryers for added income. Located near Pasadena City College (PCC), CalTech University, and various dining options. This property not only offers residential attractiveness but also promising income potential, making it a solid investment choice.
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Property Brokerage:
Prudential California Realty
16404 Colima Rd.
Hacienda Heights
CA
91745
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.