Description
Turnkey Pasadena investment with immediate $2,810/month rental income and a secure lease in place through 2027.Welcome to this beautifully maintained luxury condo located in one of Pasadena's most desirable areas. This inviting residence offers a functional layout. This charming 1 bedroom 1 bathroom home features a bright sun filled living room and open floor kitchen with premium natural quartz countertops, stainless steel appliances, recessed lights, movable kitchen island and ample cabinetry. Enjoy two private balconies with glass railings, Perfect for indoor & outdoor living. The primary bedroom includes a walk-in closet, and the bathroom offers an oversized soaking bathtub. One assigned parking space (#2). No guest parking. The unit is currently leased to a long term tenant since February 2022 with a proven history of consistent, on time rent payments. The existing lease will remain in effect and rental income will transfer to the new owner at the close of escrow, making this a seamless income producing investment. Ideally situated near Whole Foods, Trader Joe's, Arroyo Chop House as well as shopping, dining and major commuter routes, this property offers both convenience and long term value. Some images are from a previous listings and were taken prior to 2022, they may not reflect the current condition of the property. The furniture and decor shown are not included and are for illustrative purposes only.
Details
| MLS # | P1-26805 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $654 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2015 |
| Days On Site | 126 |
| Listing Provided By | Coldwell Banker Realty | Chit Yip |
Features
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 750 |
| Garage | 1 |
| Story(s) | 5 |
| Zoning | PSC |
| Acreage | 0.40 |
| Property View | None |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Breakfast Bar, Balcony, Eat In Kitchen, Open Floorplan, Pantry, Recessed Lighting, Sunken Living Room, Trash Chute |
| Appliances | Built In Range, Dishwasher, Gas Cooktop, Gas Range, Microwave, Refrigerator |
| Fireplace Yes / No | No |
Exterior
| Security Features | Carbon Monoxide Detectors, Security Gate, Gated Community, Twenty Four Hour Security, Key Card Entry, Smoke Detectors |
|---|---|
| Construction Materials | Other, Concrete, Stucco |
| Foundation Details | Slab |
| Lot Features | Sprinklers None |
| Fencing | None |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Assigned, Controlled Entrance, Concrete, Driveway, Electric Gate, Garage, Garage Door Opener, Gated, One Space |
| Garage Yes / No | Yes |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Standard |
| Sewer | Public Sewer |
Location
| Community Features | Curbs, Gutters, Street Lights, Sidewalks, Urban, Gated |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Pasadena |
| Zip Code | 91105 |
| Area | 647 Pasadena (SW) |
| Community Name | Not Applicable |
| Listing VS Median (in Not Applicable) | |
Price: $739,000 low | high Med: $1,674,000 sqft: 750 low | high Med: 5,324 $ / sqft: $985 low | high Med: $334 On site: 126 low | high Med: 103 | |
Market Activity 91105
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Pasadena |
| Zip Code | 91105 |
| Area | 647 Pasadena (SW) |
| Community Name | Not Applicable |
| Listing VS Median (in Not Applicable) | |
Price: $739,000 low | high Med: $1,674,000 sqft: 750 low | high Med: 5,324 $ / sqft: $985 low | high Med: $334 On site: 126 low | high Med: 103 | |