Property Details
About this Property
Situated in the heart of Pasadena, CA, this 12-unit apartment building presents a value-add opportunity, for a patient investor, in one of the most sought-after locations in the city. Boasting a Walk Score of 93, you are near by Cal Tech, Pasadena City College and The Shops on Lake. Built in 1960, this two-story walk-up building is being marketed for the first time in over 40 years. Comprising a mix of 4 one-bedroom/one-bathroom units and 8 two-bedroom/one-and-three-quarter-bathroom units, this property caters to a diverse range of tenants. Each unit features a balcony or patio (except for unit #1, which is the largest 1-bedroom unit), gas forced air heating, and wall air conditioning units. The kitchens are equipped with gas stoves and ovens, tiled countertops and tiled or linoleum floors, while the bathrooms have tiled or linoleum floors and vanities. Living rooms and bedrooms are carpeted. Although interiors have not been upgraded, there is immense potential for renovation and value enhancement. The property is individually metered for gas and electric, with the owner paying for hot water, gardening, trash, and common area electricity. Two 75-gallon hot water heaters serve the building, ensuring ample hot water supply for residents. Parking is provided with 17 tuck-under space
MLS Listing Information
MLS #
CRWS24091810
MLS Source
California Regional MLS
Interior Features
Appliances
Oven - Gas
Laundry
None
Cooling
Window/Wall Unit
Heating
Forced Air
Parking, School, and Other Information
Garage/Parking
Garage: 17 Car(s)
Contact Information
Listing Agent
KEVIN LUTZ
Keller Williams Realty/Pasadena
License #: 00925595
Phone: (626) 204-3475
Co-Listing Agent
Kevin Hurley
License #: 01237798
Phone: (626) 204-3456
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 12 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
121 S Chester Ave is a Residential Income in Pasadena, CA 91106. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1960. This address can also be written as 121 S Chester Ave, Pasadena, CA 91106.
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This listing information is up-to-date as of August 27, 2024. For the most current information, please contact KEVIN LUTZ, (626) 204-3475
