Skip To Content
    Return to Previous Page

    921 New York Dr

    Altadena, CA 91001
    • $1,968,000
    • STATUS: Active
    • ON SITE: 48 days
    • ID#: 20-576988
    $1,968,000
    • 10
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,531
      SQFT
    • $356
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1988
    County:
    Area:

    School Ratings & Info

    Description

    We are pleased to present for sale this 5 unit apartment property in Altadena with great rents in place. The property was built in 1988 and features five, spacious 2 Bed + 2 bath units, and has a non-conforming sixth, studio unit that pays $1,300 per month. The five units have separate meters for gas and electricity. There is a common laundry room that brings in $200 every month and 12 on-site parking spaces. With the great current in-place rents, quality of building and ease of management, this is an excellent opportunity for any investor. Property is part of Los Angeles Country Unincorporated area and Buyer to perform their own investigations pertaining to that.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-02T23:42:37.967. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/105896074
    Print Image

    921 New York Dr Altadena, CA 91001

    • Price: $1,968,000
    • Status: Active
    • ID#: 20-576988
    10
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,531
    SQFT
    $356
    $/SQFT
    1988
    Built
    Neighborhood:
    Altadena
    County:
    Los Angeles
    Area:
    Altadena
    Property Description
    We are pleased to present for sale this 5 unit apartment property in Altadena with great rents in place. The property was built in 1988 and features five, spacious 2 Bed + 2 bath units, and has a non-conforming sixth, studio unit that pays $1,300 per month. The five units have separate meters for gas and electricity. There is a common laundry room that brings in $200 every month and 12 on-site parking spaces. With the great current in-place rents, quality of building and ease of management, this is an excellent opportunity for any investor. Property is part of Los Angeles Country Unincorporated area and Buyer to perform their own investigations pertaining to that.
    Exterior Features

    Lot Size Area 10596 Other Structures None Parking Garage AssignedCovered Parking Pool YN No Tennis YN No Total Parking 12

    Interior Features

    Baths Total 10.00 Cooling Air ConditioningCentral Den No Dining Room No Equipment Other Family Room No Heating Central

    Property Features

    Electric Expense 1080.00 Gardener Expense 1800.00 Gross Income 139596 Gross Operating Income 135408 Insurance Expense 1400.00 Land Lease Amount Per Year 0.00 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Maintenance Expense 5416.00 Net Operating Income 93716.00 Number Of Buildings 1 Number Of Units 5 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 41692 Trash Expense 1416.00 Type Of Units Apartment Water Expense 3600.00 Zoning Lcc2*

    Listing provided courtesy of Alexander Metaxas DRE#01784652 of Realty Investment Advisors, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-02T23:42:37.967. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-576988-3.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-576988-3.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-576988-3.jpg
    Logo
    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355