1837 E Colorado Boulevard
Pasadena, CA 91107
9,930 SF
Lot Size: 8994 sq.ft.
Year Built: 1923
Stories: 2
MLS# AR20097823
Neighborhood: 648 - Pasadena (SE)
Active | Offered at $6,000,000

Troy Palmquist

DRE# 01772139

Property Description

12-unit (12 Studios, Total sq./ft. 4,608) on 1837 E. Colorado Blvd. (APN: 5746-017-030, Lot Size 8,994 ) and an 8-unit (7 1bed+1bath & 1/3bed+2bath, Total sq./ft. 5,322) on 31 N. Parkwood Ave. ( APN: 5746-017-092, Lot Size 10,100). Together they form an L shape lot and are to be sold together and concurrently. These turnkey properties are located within 2 blocks from Pasadena City College with great current cashflow. Both properties are fully rehabbed with all new kitchen and baths, vinyl windows, updated electrical, exterior/interior paint, landscaping, in unit stackable washer/dryer. This well rehabbed property is located within walking distance to shops and restaurants, as well as public transportation. This high rental demand 20 unit apartments is a great opportunity for any investor looking for a great steady current cashflow. Pasadena is the ninth largest city in Los Angeles County and is known for high rental demand where tenants can live, work and play locally. The city of Pasadena is also highly recognized for its centralized location, public transportation, and with popular local attractions

Features & Amenities

Garage Spaces: 2 | Parking Spaces: 18
Listing Provided By
Matt Cuong Ly, Coldwell Banker Realty
Based on information from California Regional Multiple Listing Service, Inc. as of March 1, 2021. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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