617 North Wilson Avenue, Pasadena, CA 91106

$1,388,000 Approx. USD 8 beds, 7 baths
4,190 sqft

Agent Remarks

This 3 unit property is a great investment opportunity just south of Bungalow Heaven. The property includes a recently updated 2 BR/2 BA Bungalow style house with 1000 Sq. Ft., two townhouse style units featuring 3 BR/2.5 BA with roughly 1600 Sq. Ft each. The back units are currently leased with long term tenants on a month to month lease, the front house will be vacated shortly and is currently seeking a new tenant at $2200 a month. This property is in a great central location in Pasadena and is just minutes away from Caltech, Pasadena City College, Old Town Pasadena, The Paseo, the South Lake Shopping District and the Metro Gold Line. All destinations that local residents appreciate. The current owners have never had any difficulty in renting these units in a timely manner and with some updating could easily command higher rental rates. This is a great opportunity to invest in a city that just keeps getting better!

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 316008826
List price is $1,388,000
Beds: 8
Baths: 7
Built in 1922
4,190 sqft
0.19 acres
County: Los Angeles
Property style: Contemporary,Calif Bungalow
Zoning: PSR1
Parking type: Parking Space,Carport Detached
Interior features: Drywall Walls,Plaster Walls (N)
Exterior features: Wood
Appliances: Dishwasher,Garbage Disposal
Parking description: Covered Parking
Lot description: Fenced,Landscaped,Street Lighting,Front Yard,Street Paved,Sidewalks,Street Public (N)
Heating description: Forced Air
MLS area: Pasadena NE (646)

Last Updated: 10/23/2016

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This listing belongs to the Pasadena NE (646) MLS area

The style of this listing is Contemporary,Calif Bungalow.
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The listing is zoned PSR1.
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Lat/Long: 34.156689, -118.128555.
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Broker: Courtesy of Coldwell Banker Residential Brokerage Company
Listing Agent: Tony Dowdy

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