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175 Painter St

Pasadena, CA 91103
  • $895,000
  • STATUS: Active Under Contract
  • ON SITE: 27 Days
  • ID#: 22-216239
Under Contract
$895,000
  • 5
    BEDS
  • 38.86
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,915
    SQFT
  • $467
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:

School Ratings & Info

Description

INCREDIBLE OPPORTUNITY!!! You can own a home with a guest house/office/rental or a duplex with great rental income! At the projected rents and asking price, the GRM is only 14! This charming property was originally built in 1910 and both units have been beautifully remodeled. The spacious front unit is a 4 bed/1 bath home (3 beds upstairs and one downstairs) with an opportunity to add a 2nd bath upstairs. The property was remodeled in 2019 featuring brand new flooring, a remodeled kitchen, stainless steel appliances, central air/heat, a new washer and dryer and well maintained landscaping for added curb appeal. The back unit is a lovely detached 1 bed/1 bath guest house with a new split ductless heat and cooling system. Very nicely maintained property! Great location close to Old Town, the Rose Bowl, Washington Square, Altadena, Glendale, freeways, restaurants and shops. Both main house and guest house are vacant!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-12-04T23:42:40.083. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.realestatetoolbox.com/homes/134606039
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175 Painter St Pasadena, CA 91103

  • Price: $895,000
  • Status: Active Under Contract
  • On Site: 27 Days
  • ID#: 22-216239
5
Beds
0
Baths
0
½ Baths
38.86
Acres
1,915
SQFT
$467
$/SQFT
1910
Built
Neighborhood:
Pasadena Nw
County:
Los Angeles
Area:
Pasadena Nw
Property Description
INCREDIBLE OPPORTUNITY!!! You can own a home with a guest house/office/rental or a duplex with great rental income! At the projected rents and asking price, the GRM is only 14! This charming property was originally built in 1910 and both units have been beautifully remodeled. The spacious front unit is a 4 bed/1 bath home (3 beds upstairs and one downstairs) with an opportunity to add a 2nd bath upstairs. The property was remodeled in 2019 featuring brand new flooring, a remodeled kitchen, stainless steel appliances, central air/heat, a new washer and dryer and well maintained landscaping for added curb appeal. The back unit is a lovely detached 1 bed/1 bath guest house with a new split ductless heat and cooling system. Very nicely maintained property! Great location close to Old Town, the Rose Bowl, Washington Square, Altadena, Glendale, freeways, restaurants and shops. Both main house and guest house are vacant!
Exterior Features

Lot Size Area 3999 Other Structures Guesthouse Parking Garage Driveway Total Parking 2

Interior Features

Baths Total 2.00 Cooling Central Equipment DishwasherWasherDryerMicrowaveRefrigeratorRange/Oven Heating CentralOther

Property Features

Assessed Total Value 874950 Gross Income 58000 Gross Operating Income 58000 Like Units1 1 Like Units2 1 Net Operating Income 54000.00 Number Of Buildings 2 Number Of Units 2 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Other Source Lot Size Dimensions Other Total Annual Expense 3000 Type Of Units Duplex Year Built Source Vendor Enhanced Zoning Psr1

Listing provided courtesy of Andrea Gressinger DRE#01756680 of Kw Advisors: 310-482-2200.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-12-04T23:42:40.083. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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