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Listed by Ryan Loria, DRE #02006138 • Triqor Group
$ 2,250,000
Est. payment /mo
Active
580 N Holliston AVE Pasadena, CA 91106
0.27 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26096741
Year Built 1963
Lot Size 0.275 Acres
Source California Regional MLS
Property Description
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.
Location
State CA
County Los Angeles
Area 646 - Pasadena (Ne)
Interior
Laundry 30, 9
Exterior
Garage Spaces 5.0
Pool None
Building
Lot Description Irregular
Water District - Public
Others
Tax ID 5739020017
Special Listing Condition Not Applicable
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