452 E Rio Grande Street, Pasadena, CA 91104

$1,800,000
Sold Price
$1,800,000
List Price
$1,850,000
Closing Date
Jul 25, 2023
Status
CLOSED
MLS#
TR23101911
Year Built
1961
Lot Size
7,980
Acres
0.18
Lot Location
2-5 Units/Acre
Days on Market
4
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

Welcome to RIO GEANDE apartment! A truly unique and exciting opportunity for investors in a fantastic location in Pasadena. The building consists of 4 units, Unit (1) 2 beds 1 bath, Unit (2) 2 beds 1 bath, Unit (3) 2 beds 1 bath, Unit (4) 2 beds 1 bath. Living area is 832 sqft for every unit with nice layout. All units are same floor plan. Units are in good condition. Nice quality sold wood front door, good size for family room. Lots of windows bring in bright sunlight, newer kitchen cabinets, tiles counter tops, laminate flooring, double-pane windows, 3 newer mini split AC units in each unit, two new water heater & two tankless was installed in 2018, there are 3 ceiling fans and dishwasher in #2 & 4. # 2 has been fully upgraded in 2019, with white shaker kitchen cabinet, shower room, new wood shelving window covering. Two units in downstairs each have their own private nice backyard with beautiful gardens. New painted wood fences close the whole backyard. Two unit in upstairs each has a private balcony. Each unit has one garage parking & one tandem parking. Interlocking Concrete Pavers on driveways and backyard. A nice wooden gate to the trash area. This apartment complex is convenient and close to bus stops, grocery stores, restaurants, shops and Rose Bowl. The location accessible with freeway access, close to Old Town, L.A. downtown and and the fun Pasadena sports. The school district and amenities make this a highly desirable and in-demand rental community.

Additional Information

Pool Description
Association
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$75,360
Operating Expense
25073

Listing courtesy of Listing Agent: Annie Xiao Zhang (anniezx93@gmail.com) from Listing Office: Universal Elite Inc..

Listing sold by Jack Yang from KW Executive

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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.