Skip To Content

    615 N Mentor Avenue

    Pasadena, CA 91106
    • $1,250,000
    • STATUS: Active
    • ON SITE: 63 days
    • ID#: WS21159165
    UPDATED: 50 min ago
    $1,250,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    Two newly remodeled detached units in the beautiful City of Pasadena. Just one block from Lake Ave. and 3 blocks from the 210 Freeway. Perfect lot for investor and unit developer - over 11,000 SF, zoned high density at RM32 (32 units per acres) with potential to add more units at large backyard. The City encourages affordable housing, inquire City's housing department for available programs for incentives and assistance. City offers a very low interest loan program for qualified ADU projects, please inquire further with City Planning and Housing.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-22T15:32:54.867. 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/119515754
    Print Image

    615 N Mentor Avenue Pasadena, CA 91106

    • Price: $1,250,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: WS21159165
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    1924
    Built
    Neighborhood:
    646 - Pasadena (NE)
    County:
    Los Angeles
    Area:
    646 - Pasadena (NE)
    Property Description
    Two newly remodeled detached units in the beautiful City of Pasadena. Just one block from Lake Ave. and 3 blocks from the 210 Freeway. Perfect lot for investor and unit developer - over 11,000 SF, zoned high density at RM32 (32 units per acres) with potential to add more units at large backyard. The City encourages affordable housing, inquire City's housing department for available programs for incentives and assistance. City offers a very low interest loan program for qualified ADU projects, please inquire further with City Planning and Housing.
    Exterior Features

    Entry Level 1 Lot Features 31-35 Units/AcreBack YardFront YardNear Public TransitValue In LandYard Number Of Separate Electric Meters 2 Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street View Catalina View YN Yes

    Interior Features

    Appliances Gas Range Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Flooring VinylWood Heating Floor Furnace Heating YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features FoothillsHikingMountainousParkStreet LightsUrban Contingency Sale As is Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 43200 Gross Scheduled Income 43200 Insurance Expense 1450 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Maintenance Expense 700 Net Operating Income 38940 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 0 Number Of Units Leased 2 Operating Expense 4260 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasGrounds CareTrash CollectionTelephone Total Actual Rent 42000 Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Vacancy Allowance Rate 2 Water Sewer Expense 910 Water Source Public Zoning Psr3

    Listing provided courtesy of Sue Fung of California Dream Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-22T15:32:54.867. 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.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_365823434-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_365823434-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_365823434-1.jpg
    Logo
    Realty ONE Group Empire
    13330 Ranchero Rd. Ste 12
    Oak Hills CA, 92344