260 Linda Rosa Ave

Pasadena, CA 91107 View Map $4,390,000 Schedule a Tour
Sq.Ft. Lot7,525
Year1964
Tony Mariotti

Tony Mariotti

(323) 678-9004

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Status: Active
Property Type:Apartment
MLS #:AR24007089
On Site:78 Days
Lot Size:7,525 Sq. Ft.
County:Los Angeles

Listing Agent/Office

Agent:Hank Hoang
Office:Treeline Realty & Investment
Broker Phone:626-523-8787
Opportunity Knocks !!! TROPHY ASSET | Truly One of A Kind Investment Property | Superb Location nearby PCC, Cal Tech, VONS, and In & Out. Convenient Access to the 210 Freeway. Extensive "Pride of Ownership" remodeling was done in 2023. The Complex features 6 two-bedroom units and one 3-bedroom, Townhouse-Styled Units, with 7 onsite Parking Spaces. Remodeled interiors with newer interior paint, waterproof flooring, lighting and crown moldings throughout, custom cabinetry, quartz countertops, stainless steel appliances, new sub-panels, and technically upgraded with Nest Thermostats and Ring Cameras. Newer exterior paint, windows and glass sliding doors, and 6 HVAC units, all completed in 2023. Exterior termite repairs completed in early 2023. Copper Plumbing. Separate Electricity & Gas Meters. On Site Laundry Room with 2 Sets of Machines. 7 water heaters instead of one main water heater plus a separate water heater for the laundry room. Excellent demographics with Median Household Income above $95,000 within a 3 mile radius.

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$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:260 Linda Rosa Ave, Pasadena, CA 91107
Area:648 - Pasadena (SE)
Zip Code:91107

Architecture

Year Built:1964
Stories:2
Building Area: 6068.0
Number of Buildings: 1
Total Units: 7
Stories Total: 2
Unit 1: 1 Unit • 3 Beds • 3 Baths • Unfurnished • $3,700 actual rent • $3,700 total rent • $3,700 pro forma
Unit 2: 1 Unit • 2 Beds • 2 Baths • Unfurnished • $2,900 actual rent • $2,900 total rent • $2,950 pro forma
Unit 3: 1 Unit • 2 Beds • 2 Baths • Unfurnished • $2,950 actual rent • $2,950 total rent • $2,950 pro forma
Unit 4: 1 Unit • 2 Beds • 2 Baths • Unfurnished • $2,950 actual rent • $2,950 total rent • $2,950 pro forma
Unit 5: 1 Unit • 2 Beds • 2 Baths • Unfurnished • $2,950 actual rent • $2,950 total rent • $2,950 pro forma
Unit 6: 1 Unit • 2 Beds • 2 Baths • Unfurnished • $3,200 actual rent • $3,200 total rent • $3,200 pro forma
Unit 7: 1 Unit • 2 Beds • 2 Baths • Unfurnished • $3,100 actual rent • $3,100 total rent • $3,100 pro forma
Carport Spaces: 7.0

Features / Amenities

Laundry: Common Area, Laundry Room
Entry Level: 2
Entry Location: Front Door
Common Walls: 2+ Common Walls
Parking Features: Assigned
Parking Total: 7.0
Cooling: Central Air
Heating: Central

Property Features

Lot Size: 0.17 Acres / 7,525 Sq. Ft.
Lot Features: Front Yard
Water: Public
Directions:West of San Gabriel Blvd, North of Foothill

Tax and Financial Info

Cap Rate: 4.23
Gross Income: $262,600
Gross Scheduled Income: $261,000
Net Operating Income: $185,759
Fuel Expense: $600
Gardener Expense: $1,200
Insurance Expense: $2,900
New Taxes Expense: $54,875
Trash Expense: $4,200
Water/Sewer Expense: $3,600
Other Expense: $1,200

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260 Linda Rosa Ave Pasadena,  CA 91107
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260 Linda Rosa Ave Pasadena, CA 91107
 
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Based on information from California Regional Multiple Listing Service, Inc. as of March 28, 2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.
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