80 S Sunnyslope Avenue

    Pasadena, CA 91107
    • $2,699,000
    • STATUS: Active
    • ON SITE: 10 days
    • ID#: AR19261656
    Price Reduced
    UPDATED: 59 min ago
    $2,699,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,948
      SQFT
    • $545
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Ratings & Info

    Description

    All Units Newly Remodeled, Turnkey Luxury Investment Property, Great Location, More Than $150,000 Gross Income! Introducing a rare opportunity to own a Quadplex Luxury Apartment Complex. All units have been recently remodeled with transitional luxury finishes throughout, with new plans and permits. This gated complex offers a variety of combinations, featuring two 2 bed and two 3 bed units. Units 101 and 201 are up and down, units 102 and 103 are townhouse style w/ interior stairs. 6 parking spaces, unit 101 and 102 have 1 carport space, 103 has 2 covered parking spaces, and 201 has 2 uncovered spaces. Each units comes with own washer and dryer combo. Interior features copper repipe, high end custom cabinetry, quartz counters, marble backsplash, breakfast counter, stainless steel kitchen appliances (fridge, dishwasher, slide-in range, euro style range hood), brushed nickel fixtures and recessed lighting throughout, waterproof flooring, window blinds, dual sink vanities, 1/2" glass shower doors, and Nest Thermostat. New exterior features quiet gate with wireless code boxes and 10 remotes, Carrier AC system, attic insulation, double pane windows, sliding glass door, exterior lighting, easy rekey door handles. Other exterior features include 2 year old exterior paint, roof changed in 2013 w/ limited lifetime warranty, exterior admin security camera system, circulating water heater, automatic water sprinkler. Act fast, will not find another alike!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-20T16:31:49.27. 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 Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/100711519

    80 S Sunnyslope Avenue Pasadena, CA 91107

    • Price: $2,699,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: AR19261656
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,948
    SQFT
    $545
    $/SQFT
    1966
    Built
    Neighborhood:
    648 - Pasadena (SE)
    County:
    Los Angeles
    Area:
    648 - Pasadena (SE)
    Property Description
    All Units Newly Remodeled, Turnkey Luxury Investment Property, Great Location, More Than $150,000 Gross Income! Introducing a rare opportunity to own a Quadplex Luxury Apartment Complex. All units have been recently remodeled with transitional luxury finishes throughout, with new plans and permits. This gated complex offers a variety of combinations, featuring two 2 bed and two 3 bed units. Units 101 and 201 are up and down, units 102 and 103 are townhouse style w/ interior stairs. 6 parking spaces, unit 101 and 102 have 1 carport space, 103 has 2 covered parking spaces, and 201 has 2 uncovered spaces. Each units comes with own washer and dryer combo. Interior features copper repipe, high end custom cabinetry, quartz counters, marble backsplash, breakfast counter, stainless steel kitchen appliances (fridge, dishwasher, slide-in range, euro style range hood), brushed nickel fixtures and recessed lighting throughout, waterproof flooring, window blinds, dual sink vanities, 1/2" glass shower doors, and Nest Thermostat. New exterior features quiet gate with wireless code boxes and 10 remotes, Carrier AC system, attic insulation, double pane windows, sliding glass door, exterior lighting, easy rekey door handles. Other exterior features include 2 year old exterior paint, roof changed in 2013 w/ limited lifetime warranty, exterior admin security camera system, circulating water heater, automatic water sprinkler. Act fast, will not find another alike!
    Exterior Features

    Carport Spaces 4.00 Foundation Details Slab Garage Spaces 0.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN Yes Roof Shingle

    Interior Features

    Appliances DishwasherEnergy Star Qualified AppliancesGas RangeRange HoodRefrigeratorVented Exhaust FanWater Line To Refrigerator Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 1200 Average2 Bed Area Units Square Feet Average3 Bed Area 1375 Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Flooring See Remarks Heating Central Heating YN Yes Interior Features Copper Plumbing FullRecessed Lighting Laundry Features Dryer IncludedInsideWasher Included Levels TwoMulti/Split Window Features Double Pane Windows

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.07 Community Features Suburban Country Us Electric Expense 300.00 Elevation Units Feet Fuel Expense 800.00 Gardener Expense 600.00 Gross Income 152160.00 Gross Multiplier 17.94 Gross Operating Income 150420.00 Gross Scheduled Income 150420.00 Insurance Expense 1500.00 Land Lease YN No Laundry YN Yes Maintenance Expense 1000.00 Maintenance Percent 0.50 Net Operating Income 109082.00 New Construction YN No New Taxes Expense 33738.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 2 Number With Dishwasher 4 Number With Disposal 4 Number With Patio 3 Number With Range 4 Number With Refrigerator 4 Operating Expense 41338.00 Property Condition Building PermitTurnkeyUpdated/Remodeled Property Sub Type Quadruplex Rent Control YN No Security Features Automatic GateCarbon Monoxide Detector(S)Card/Code AccessGated CommunitySecurity SystemSmoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Expenses 41338.00 Trash Expense 2000.00 Water Sewer Expense 1200.00 Water Source Public Year Built Source Assessor Zoning Psr1

    Listing provided courtesy of Jing Li of Treelane Realty Group Inc. and Kevin Li of Treelane Realty Group Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-20T16:31:49.27. 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 Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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    Pasadena CA, 91101