$1,620,000
$1,595,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
9,247 Sqft Lot
SOLD DATE : 12/16/2016
Key Details
Sold Price $1,620,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-105
MLS Listing ID 316009380
Sold Date 12/16/16
HOA Y/N No
Lot Size 9,247 Sqft
Property Description
Kelton Properties is pleased to present this spectacular 5 unit turn-key treasure in prime Pasadena at 430 N El Molino Ave. This investment property has been updated inside and out. Every unit has been masterfully renovated with class and top-rate amenities. All units are currently leased CURRENT CAP RATE 5.26%. 13.32 GRM The Villas of El Molino is perfect for an investor wishing to trade into a low-maintenance trophy asset with incredible cash flow or an all-cash buyer seeking a superior return. 5.26 CAP Separately metered. 5 units + 9 parking spaces. 3 units feature their own private yards.
Location
State CA
County Los Angeles
Area 646 - Pasadena (Ne)
Zoning PSR4
Interior
Flooring Wood
Fireplace No
Exterior
View Y/N No
Private Pool No
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Tax ID 5731020049
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Kevin Lee • Coldwell Banker George Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "