150 Monterey Road, South Pasadena, CA 91030 - For Sale
Rare opportunity - First time on the market since it was built! Hard to find 16-unit property in easily-rentable location, convenient to downtown LA, Pasadena, top public schools, shopping and dining. Two buildings with 8 units each, on two separate parcels. (Please see MLS #22179210 for 154 Monterey's individual apt. rents). Apartment mix is: BUILDING #150 has five 2BR/1BA units, two 1BR/1BA units and one 3BR/1.5BA unit. Upstairs apts are charming with vaulted wood-beamed ceilings. A 10-car carport w/storage cabinets above, plus one open space, laundry room and storage room complete Building #150. BUILDING #154 has four 2BR/1BA units at the ends and four 1BR/1BA units in the middle. Ceilings are exposed wood beamed. Bldg #154 also has a private coin-operated laundry room and an 8-car carport w/storage cabinets above. Separate driveways for each building, common courtyard in the middle with mature trees. Some units have newer carpet and counter tops. Rents are low. Great investment potential.
150 Monterey Road - listing #1246481
- Type: Multi-Family
- Year Built: 1956
- Price: $3,888,000
- MLS#: 22179209
- Letest update: 11/20/13
- Area Size (SF): 11,492
Status: For Sale
Added: 2013-11-20 Updated: 2013-11-20
South Pasadena, CA 91030 US
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Useful information about South Pasadena, CA 91030 location:
The population of this area is about 23,975. The Average count of Households in this area is 10,716. Black population is about 722, White Population is about 14,482, Hispanic Population is about 3,848, Asian Population is about 6,367, Hawaiian Population is about 20, Indian Population is about 82, Other Population is about 1,230. Average Houses in this area is 384,500. Average Income per Household is $55,701. Median Age of population is 37.4 years.
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