We are pleased to present Holliston House & Apartments, a charming, well-maintained and substantially upgraded 5-unit community in Pasadena, CA. The property features a one-of-a-kind unit mix consisting of a beautiful 2000 sq. ft. 3-bedroom 2.5-bath + Den craftsman style home and four 2-bedroom 1-bath units with covered parking and individual gas and electric meters. All units have been extensively remodeled with high-end designer finishes such as quartz countertops, stainless steel appliances, custom cabinetry, recessed LED lighting, fully remodeled kitchens and bathrooms. The home features central heating, a wall A/C unit in every room, washer/dryer hookups, hardwood flooring, a basement, and a den. The 2-bedroom units are spacious with an open floor plan and feature high quality wood-look tile flooring, custom walk-in showers with designer tiles, new wall heating and A/C units. Nearly everything is brand new, including: roofs, plumbing, electrical, dual-pane windows, and driveway. With strong rents in place, this asset generates a current cap rate of 5.0%, 6.4% with market rents. This property is ideal for investors seeking a well-located, turnkey asset with upside potential and NO differed maintenance.
| MLS # | PW26096741 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 129 |
| Listing Provided By | Triqor Group | Ryan Loria |
| SQ Feet | 4,744 |
|---|---|
| Car Port | Yes |
| Story(s) | 2 |
| Units | 5 |
| Building(s) | 2 |
| Acreage | 0.27 |
| Lot Features | Irregular Lot |
|---|
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Pasadena |
| Zip Code | 91106 |
| Area | 646 Pasadena (NE) |
| Listing VS Median (in 91106) | |
Price: $2,250,000 low | high Med: $2,250,000 sqft: 4,744 low | high Med: 4,744 $ / sqft: $474 low | high Med: $474 On site: 129 low | high Med: 129 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Pasadena |
| Zip Code | 91106 |
| Area | 646 Pasadena (NE) |
| Listing VS Median (in 91106) | |
Price: $2,250,000 low | high Med: $2,250,000 sqft: 4,744 low | high Med: 4,744 $ / sqft: $474 low | high Med: $474 On site: 129 low | high Med: 129 | |