466 Cypress Avenue, Pasadena, CA 91103 | MLS AR18217457 | Listing Information | Real Living Properties Unlimited | Real Living Real Estate
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466 Cypress Avenue,  Pasadena CA, 91103

5,062 sqft
Status: Active
MLS#: AR18217457
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Real Living Properties Unlimited
(909) 944-6555

Listing Provided Courtesy Of: Positive Investments
Last Updated: 9/24/2018 9:27 PM
Description for 466 Cypress Avenue Pasadena, CA 91103
466-470 Cypress Ave. is a 7-unit, NON rent-controlled apartment community in the City of Pasadena, California. The property has 2 buildings where the front building consists of 5 units, and the back building consists of 2 units. Each unit is separately metered for electricity and gas (except for studio unit). The property is situated on a large lot size of ±13,678 square feet lot (high density zoning of RM-32) which provides buyer the options for future development. The sale includes a preliminary architect drawing for a 10-unit condominiums project. The property is located within walking distance to Old Town Pasadena and offers access to all amenities the City of Pasadena has to offer. Parking consists of 4 space carport in the back and 3 open space parking on the side of the lot. The property features a large front yard, a side garden area and an attractive curb appeal. It offers an attractive unit mix with one 3bed+2bath unit, one 3bed+1bath unit, three 2bed+1bath units, one 1bed+1bath unit, and one studio (non-conforming) unit. The non-conforming studio unit is on master meter for electricity, gas and water. Most of the units have been completely remodeled with laminate hardwood floor, granite kitchen countertops, new kitchen cabinets, and updated bathroom. The back building units plumbing have been upgraded to copper piping.
Price
$2,388,000
Los Angeles
5,062 (approx)
AR18217457
Active
Description
466-470 Cypress Ave. is a 7-unit, NON rent-controlled apartment community in the City of Pasadena, California. The property has 2 buildings where the front building consists of 5 units, and the back building consists of 2 units. Each unit is separately metered for electricity and gas (except for studio unit). The property is situated on a large lot size of ±13,678 square feet lot (high density zoning of RM-32) which provides buyer the options for future development. The sale includes a preliminary architect drawing for a 10-unit condominiums project. The property is located within walking distance to Old Town Pasadena and offers access to all amenities the City of Pasadena has to offer. Parking consists of 4 space carport in the back and 3 open space parking on the side of the lot. The property features a large front yard, a side garden area and an attractive curb appeal. It offers an attractive unit mix with one 3bed+2bath unit, one 3bed+1bath unit, three 2bed+1bath units, one 1bed+1bath unit, and one studio (non-conforming) unit. The non-conforming studio unit is on master meter for electricity, gas and water. Most of the units have been completely remodeled with laminate hardwood floor, granite kitchen countertops, new kitchen cabinets, and updated bathroom. The back building units plumbing have been upgraded to copper piping.
Listing Information
Property Type: Cluster, 2 Story
0.31 Acres 5,062 (approx) $471.75
1944 2
7 Total
Neighborhood
Room Information
Common
Interior Features
3
Exterior / Lot Features
10 Parking Spaces, Assigned Parking Space
PSR3
Sidewalks, Street Lights
Driving Directions
North on Fair Oaks Ave, West on Villa
Financial Considerations
5726010031
$134,400 Income ,$39,753Expense
Listing Price History

Pasadena Real Estate

Pasadena is located in California. Pasadena, California 91103 has a population of 142,250.

The median household income in Pasadena, California 91103 is $70,845. The median household income for the surrounding county is $55,870 compared to the national median of $53,482. The median age of people living in Pasadena 91103 is 36.9 years.

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Courtesy: Zeina Maalouf - Positive Investments
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 9/24/2018 9:27 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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