637 W Altadena Drive, Altadena, CA 91001
- $1,095,000
- List Price
- $1,095,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- P1-27426
- Year Built
- 1963
- Lot Size
- 6,425
- Acres
- 0.15
- Lot Location
- Sprinklers None
- Days on Market
- 56
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- Two Levels
- Neighborhood
- Not Applicable
Property Description
Welcome to 637 W Altadena Drive--a rare C2-zoned triplex offering versatility and income potential in one of Altadena's most desirable areas. This two-story property, built in 1963, consists of three well-laid-out units: two 2-bed/1-bath units and one 1-bed/1-bath unit, totaling 2,887 sq ft of living space. All units have separate gas and electric meters. The exterior of the building was recently painted along with other repairs.Ideal for an investor, an owner-occupant seeking rental income, or a developer exploring future possibilities. The property features four covered carport spaces with overhead storage, a shared laundry room with sink and plumbing in place, and a large separate storage room.Conveniently located just south of the Altadena Meadows and Lavina Estates, this property is minutes from hiking trails, shopping, dining, parks, schools, and major freeways with easy access to Pasadena, the Rose Bowl, and Los Angeles.Current rents are below market with all tenants on month-to-month leases--offering strong upside potential.
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Additional Information
- Appliances
- Gas Range, Refrigerator, Water Heater
- Pool Description
- None
- Heat
- Natural Gas, Wall Furnace
- Cooling
- Yes
- Cooling Description
- See Remarks
- View
- None
- Exterior Construction
- Frame
- Roof
- Tile
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Balcony, Storage
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $43,200
- Operating Expense
- 5040
Listing courtesy of Listing Agent: Allan Murrell (allanm@themurrellgroup.com) from Listing Office: Berkshire Hathaway Home Services Golden Properties.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.