65 South Roosevelt Avenue 65 South Roosevelt Avenue Pasadena, California 91107 United States
65 South Roosevelt Avenue Pasadena, California 91107 United States
$2,680,000
Get directions
A great opportunity to acquire the 5 units multi-family property 63 & 65 S Roosevelt Ave. in Lamanda Park neighborhood of the highly desirable city of Pasadena. 5 mins walk to Pasadena Plaza, including Vons, US bank, UPS store, restaurants and...
- .2626 Acres
- Exterior
- Commercial
- Property type
- 1956
- Year Built
- TR24067755
- Web Id
- TR24067755
- MLS ID
- 27
- days ago
About 65 South Roosevelt Avenue
A great opportunity to acquire the 5 units multi-family property 63 & 65 S Roosevelt Ave. in Lamanda Park neighborhood of the highly desirable city of Pasadena. 5 mins walk to Pasadena Plaza, including Vons, US bank, UPS store, restaurants and coffee shops. 3 mins drive to California Institute of Technology and Pasadena City College, and also within minutes to Old Pasadena.With a great unit mix of one 3 bed / 2 bath house with private fenced yard and four 1 bed / 1 bath units, this 100% fully leased turn-key property offers a total 3,410sqft building on a 11,437sqft lot. 63 & 65 Roosevelt Ave is a very attractive single-story apartment that was built in 1956, which is a prime Pasadena income-producing property and a great value-add opportunity for a short or long-term investment. Significant Potential for Rental Upside by converting it to two stories apartment building with 12+ units (most of the neighbors are two stories). The front house (65 S Roosevelt) is a 3 bedroom 2 bathroom single family style house with approximately 1,650sqft in size. The house has its own large private yard with mature landscaping and secured gate. The back property (63 S Roosevelt) is a four-unit apartment. All units are comprised of wall air conditioning and heating, laminate flooring, spacious kitchens with gas oven/stove combinations, in-unit laundry, individually metered gas and electricity and surface parking with ample street parking. All 5 units are currently occupied (100% occupancy) with potential upside for extra cash flow in the future.
Listing Courtesy of Universal Elite Inc., Email/Phone : 6263213660
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Courtesy of Universal Elite Inc., Email/Phone : 6263213660
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
PROPERTY INFORMATION
- Water
- Public
EXTERIOR
- Lot Description
- FrontYard, Lawn, Landscaped, RectangularLot
ADDITIONAL INFORMATION
- Number of Units
- 15
Listing Courtesy of Universal Elite Inc., Email/Phone : 6263213660