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Listing 11 out of 294
$890,000 Active Under Contract

264 N Chester Avenue
Pasadena, CA 91106

1 unit | Multi Family Home
7867 sq ft lot - MLS# WS19170853
Property Photo
1/16

Description

Charming Single family house in Pasadena near Lake & Colorado Blvd. Zoning is RM32 which can be a development Land. Potential 5 Units Apartments or condo can be built here. The adjacent 5 units condominium is an example. The house can be rented out while you wait for approval. Buyer to verify all information and to do due diligence and check with city regarding development and use. This hard to find 4 bedroom Single Family house has been renovated with open floor plan, gallery kitchen, new master suite and guest bathroom. Large front and back yard with Orange, fig, avocado and guava trees. Walking distance to Caltech and PPC. Easy access to Metro and Lake business district. There is a high rental demand in the area.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active Under Contract
  • Zip Code: 91106
  • Year Built: 1928
  • Stories: One
  • Units: 1 unit
  • # of Parking Spaces: 2.00
  • Lot Size: 7867 sq ft lot
  • Zoning: PSR3
  • Area: 648 - Pasadena (SE)
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Appliances YN: Yes
  • Average Studio Area Units: Square Feet
  • Average2Bed Area Units: Square Feet
  • Average3Bed Area Units: Square Feet
  • Building Area Total: 1382.00
  • Building Area Units: Square Feet
  • Cap Rate: 3.30
  • Community Features: Suburban
  • Cooling: Central Air
  • Cooling YN: Yes
  • Country: US
  • Directions: Colorado blvd & Chester Ave
  • Flooring: Carpet, Laminate
  • Garage Spaces: 2.00
  • Gardener Expense: 600.00
  • Gross Scheduled Income: 42000.00
  • Heating: Central
  • Heating YN: Yes
  • Insurance Expense: 600.00
  • Laundry Features: In Garage
  • Laundry YN: Yes
  • Listing Agent License: 01868322
  • Listing Office License: 01841262
  • Lot Features: Rectangular Lot, Sprinkler System
  • Lot Size Area: 7868.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 29315.00
  • New Taxes Expense: 11125.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Operating Expense: 12685.00
  • Parking Features: Driveway, Concrete, Garage
  • Parking YN: Yes
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Sewer: Public Sewer
  • Stories Total: 1
  • Total Expenses: 12685.00
  • Trash Expense: 360.00
  • Water Source: Public
  • Year Built Source: Public Records
Courtesy of G E Property Development, Raymond Ho

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Dee Shiohama Group
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Newport Beach, CA 92660
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Dee Shiohama Group | 949-322-4225 | Contact Us
1400 Newport Center Drive, Suite 200 - Newport Beach, CA 92660
DRE# 02011619
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©2017 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. CalBRE# 01317331 

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