158 E Sacramento Street, Altadena, CA 91001
- $699,000
- List Price
- $699,000
- Status
- ACTIVE
- MLS#
- P1-28012
- Year Built
- 1983
- Lot Size
- 8,633
- Acres
- 0.20
- Lot Location
- Sprinklers None
- Days on Market
- 14
- Property Type
- Multifamily
- Style
- Traditional
- Stories
- Two Levels
- Neighborhood
- Not Applicable
Property Description
Rare opportunity to own a multifamily property in the heart of Altadena. Built in 1983, this two-on-a-lot investment offers an excellent blend of stability, functionality, and long-term potential. With the front unit currently occupied, each unit provides 5 bedrooms and 2 bathrooms within a practical layout designed for everyday living, making this an attractive option for both tenants and investors. A standout feature of the property is the vacant rear home, presenting an exceptional opportunity to rebuild and create your vision. Whether you're looking to design a dream owner's unit, maximize rental income, or enhance the property's overall value, this blank canvas offers tremendous potential. The property offers ample on-site parking and sits on a generously sized lot with mature landscaping and easy access. Located just moments from local shops, restaurants, parks, and major commuter routes, residents enjoy the convenience of a central location while still experiencing the charm and character that make Altadena so desirable. Whether you're looking to expand your investment portfolio, complete a 1031 exchange, or capitalize on the opportunity to reimagine the vacant rear unit, this is an exceptional chance to own a quality two-on-a-lot with both immediate income potential and exciting possibilities for the future.
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Additional Information
- Pool Description
- None
- Heat
- None
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Exterior Construction
- Stucco
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Gross Scheduled Income
- $28,548
- Operating Expense
- 7247
Listing courtesy of Listing Agent: David Knight (daveknightrealestate@gmail.com) from Listing Office: Keller Williams Realty.
Mortgage Calculator
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.