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Property Detail

Property Detail

Property Detail

112 Grandview, Pasadena, CA 91103

112 Grandview, Pasadena, CA 91103

$1,100,000 LOGIN TO SAVE

Bedrooms: 0

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Bathrooms: 0

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Area: 0 SqFt.

    Description

    We are pleased to present this 3 unit multifamily property located at 112 Grandview St in Pasadena, CA. Built in 1948, this 1,623 square foot building is situated on a 5,193 square foot double corner lot, and it has a unit mix of (2) 1 Bed / 1 Bath units and (1) 2 Bed / 1 Bath unit. Each unit is separately metered for gas and electric, and the tenants are responsible for their own trash bill, so the only utility expense for the landlord is water. Also, each unit has its own separate hot water heater, and all three water heaters have been replaced in the past 5 years. The 2 Bed / 1 Bath unit has been extensively renovated over the last year with a brand new electrical panel, all new appliances, floors, cabinets, quartz countertops, HVAC system, in unit washer/dryer, along with a newly remodeled bathroom with subway tiles. Both 1-Bed units have not been renovated and provide healthy upside for the buyer, and these two units have laundry hookups but no laundry machines. The subject property has 3 private garage parking spaces, one for each unit, all with brand new automatic garage doors, and there are an additional 3 uncovered parking spaces to be used in addition to the garage stalls. This is an ideal value add investment for an experienced or first time investor who wants to take advantage of the rental upside and ADU potential that this property presents.

    Features​

    • 0.12 Acres
    • 2 Stories

    Steve and Diana Lincoln

    Call or Text Steve: (760) 707-6033​​​​​​​​​​​​​​

    ​​​​​​​Call or Text Diana: (760) 707-6034

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    Contact

    CA DRE #01870580

    6965 El Camino Real 105-690, Carlsbad CA 92009

    877.692.8427

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2017 Sandicor®, Inc.

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