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Listing Details

Status
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On Site
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On Market
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MLS #
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Neighborhood
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Type
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Built
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School Ratings & Info

Description

This 5 units fully entitled development project in the best prestigious neighborhood in south pasadena-Madison Heights neighborhood for developer. Walking distance to Old Town Pasadena, Central Parks, and only 1.4 miles to California Institute of Technology. Contemporary timeless architectural design include one unit of 3 bedroom 3.5 bath(2009 sf), Four units of 2 bedroom 2.5 bath( 1052 sf-1,257 sf), Total livable area is 6615 sf w/ 10 subterranean secured parking spaces. Each unit has inside laundry, all bedrooms are suit, allow for a convnient lifestyle, own view deck or balcony. Plan are available to review upon accepted offer and proof of funds, Currently a single house occupied by tenant, Please make appointment 24 hours in advance to show. submit any offer, don't miss it.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T00:26:59.983. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/118504052
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326 E Glenarm St, Pasadena, CA 91106

  • Price: $1,470,000
  • Status: Active
  • Updated: 231 min ago
  • ID#: RS21133330
0
Beds
0
Baths
0
½ Baths
0.18
Acres
2021
Built
Neighborhood:
647 - Pasadena (SW)
County:
Los Angeles
Area:
647 - Pasadena (SW)
Property Description
This 5 units fully entitled development project in the best prestigious neighborhood in south pasadena-Madison Heights neighborhood for developer. Walking distance to Old Town Pasadena, Central Parks, and only 1.4 miles to California Institute of Technology. Contemporary timeless architectural design include one unit of 3 bedroom 3.5 bath(2009 sf), Four units of 2 bedroom 2.5 bath( 1052 sf-1,257 sf), Total livable area is 6615 sf w/ 10 subterranean secured parking spaces. Each unit has inside laundry, all bedrooms are suit, allow for a convnient lifestyle, own view deck or balcony. Plan are available to review upon accepted offer and proof of funds, Currently a single house occupied by tenant, Please make appointment 24 hours in advance to show. submit any offer, don't miss it.
Exterior Features

Lot Features 31-35 Units/Acre Number Of Separate Electric Meters 5 Parking Features Assigned Parking Total 1 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Cooling Central AirElectricGas Cooling YN Yes Fireplace Features KitchenLiving RoomMaster Bedroom Fireplace YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Common Interest Condominium Community Features Urban Contingency Buyer To Cooperate With Seller's 1031 Exchange At No Additional Cost To Buyer Electric Expense 1000 Fuel Expense 0 Garage YN Yes Gross Income 276000 Gross Scheduled Income 276000 Insurance Expense 1000 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 240120 New Construction YN Yes Number Of Separate Gas Meters 5 Number Of Separate Water Meters 5 Operating Expense 27600 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Trash Expense 500 Utilities Electricity Connected Vacancy Allowance 8280 Vacancy Allowance Rate 3 Water Sewer Expense 50 Water Source Public Zoning Psr3

Listing provided courtesy of Helen Huang of Nt & Associates, Inc.


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T00:26:59.983. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344