$1,650,000 934 N Lake Avenue Pasadena, CA

MLS: 20644230   Type: Income   County: Los Angeles   City: Pasadena   Zip: 91104  

Mortgage $7,746 /mo



Half Baths

Sqr Footage

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We are proud to present these 6 units located at 934 N Lake Avenue in Pasadena, California. Built in 1953, the property sits on 9,247 square feet of land with 3,696 square feet of rentable area and consists of (5) 1-Bed/1-Bath and (1) 2-Bed/1-Bath units. The property offers investors the possibility to renovate all the units and capture the significant upside in rents. Unit #2, which was the owner's unit, will be delivered vacant at the close of escrow. Although the rents are significantly below market, the property is well maintained with no significant deferred maintenance, including the fact that this property does not need seismic retrofitting. Additionally, each unit has above average size floor plans, and each unit has their own water heater.

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Price History

10/9/2020 Listed $1,650,000

Directions N Lake & E Mountain
Listing Agent Filip Niculete - BRE#01905352
Listing Agent State License 01905352
MLS Area 646 - Pasadena (NE)
Parking Features None
Price Per Square Foot 446.43
Senior Community Y/N No
Special Listing Conditions Standard
Total Units 6
Zoning PSC-

Interior Features

Total Stories 0

Exterior Features

Building Area Total 3696.00
Lot Size Acres 0.2100
Lot Size Area 9247.0000
Lot Size Square Feet 9247.00
Lot Size Units Square Feet
Number of Buildings 2
Parking Y/N No

Property Schools

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Gallery (8 photos)

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Property vs Zip Code Avg (91104)

Price 1.65M Avg 1.45M

Sqr Feet 3,696 Avg 2,766

Cost / Sqr Ft $446 Avg $525

Acres 0.21 Avg 0.2

Visits 90 Avg 56

Days on Site 100 Avg 206

Walkscore® 88 Avg 81

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Filip Niculete with Marcus & Millichap.

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Location & Address

Jackson Mosley - DRE#01128579
Corporate Office Location: 2603 Camino Ramon Suite 200
San Ramon, CA