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    972 Cypress Avenue

    Pasadena, CA 91103
    • $2,150,000
    • STATUS: Active
    • ON SITE: 122 days
    • ID#: SR20100418
    UPDATED: 182 min ago
    $2,150,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,183
      SQFT
    • $514
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    We are proud to represent this 6-unit complex in Pasadena. The buildings were constructed in 1913. The unit mix consists of (1) studio unit, (1) one-bedroom, one-bathroom unit, (2) two-bedroom, one-bathroom units, and (2) three-bedroom, two-bathroom units. The units are 5 different structures. With a lot size of 4,478 square feet, the property has a total of 3,518 rentable square feet. The property can be bought with residential thirty year fixed financing vs commercial financing. The property is situated in Pasadena, which offers a comfortable blend of urban and suburban amenities. Downtown Pasadenas clean, sunny sidewalks are lined with opportunities for great dining and shopping. The city also has numerous cultural centers, such as the Huntington Library and Descanso Gardens; it is also home to the Rose Bowl,which is a famous site for both sporting and cultural events. It is separately metered for gas and electricity.

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    Based on information from CRISNet MLS as of 2020-09-27T23:55:54.52. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-09-27T23:55:54.52. 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/106307108
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    972 Cypress Avenue Pasadena, CA 91103

    • Price: $2,150,000
    • Status: Active
    • Updated: 182 min ago
    • ID#: SR20100418
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    4,183
    SQFT
    $514
    $/SQFT
    1947
    Built
    Neighborhood:
    645 - Pasadena (Nw)
    County:
    Los Angeles
    Area:
    645 - Pasadena (Nw)
    Property Description
    We are proud to represent this 6-unit complex in Pasadena. The buildings were constructed in 1913. The unit mix consists of (1) studio unit, (1) one-bedroom, one-bathroom unit, (2) two-bedroom, one-bathroom units, and (2) three-bedroom, two-bathroom units. The units are 5 different structures. With a lot size of 4,478 square feet, the property has a total of 3,518 rentable square feet. The property can be bought with residential thirty year fixed financing vs commercial financing. The property is situated in Pasadena, which offers a comfortable blend of urban and suburban amenities. Downtown Pasadenas clean, sunny sidewalks are lined with opportunities for great dining and shopping. The city also has numerous cultural centers, such as the Huntington Library and Descanso Gardens; it is also home to the Rose Bowl,which is a famous site for both sporting and cultural events. It is separately metered for gas and electricity.
    Exterior Features

    Lot Features Lawn Lot Size Area 4478.0000 Parking Total 0.00

    Interior Features

    Common Walls 1 Common Wall Laundry Features Community Laundry YN Yes

    Property Features

    Additional Parcels YN No Community Features SidewalksSuburbanUrbanValley Electric Expense 0.00 Fuel Expense 950.00 Gross Income 140400.00 Gross Scheduled Income 140400.00 Insurance Expense 2500.00 Land Lease YN No Net Operating Income 104000.00 New Construction YN No New Taxes Expense 28438.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 6 Operating Expense 34708.00 Pool Features None Pool Private YN No Professional Management Expense 0.00 Property Attached YN Yes Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 34708.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Zoning Psr1

    Listing provided courtesy of Cindy Hill, CA DRE# 00885625, of Keller Williams Realty-Studio City.


    Based on information from CRISNet MLS as of 2020-09-27T23:55:54.52. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-09-27T23:55:54.52. 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.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355