Active
664 Mira Monte Pl
Pasadena CA, 91101
$3,400,000
Active
6 Beds
9 Baths
Multi-family
Built in 1948
ASSUMABLE FINANCING @ 3.15% INTEREST! 4.84% CAP ON CURRENT RENTS WITH VALUE-ADD RENTAL UPSIDE! FULL COPPER PLUMBING, FULLY UPDATED NEW ELECTRICAL SYSTEM, TANKLESS WATER HEARTERS, SOME UNITS REMODELED WITH W/D INSIDE, TWO NEW CONSTRUCTION ADU UNITS COMPLETE AND RENT READY (Easy to show). We are pleased to present this 9-unit property in one of the best rental areas of Pasadena. The Playhouse Village area boasts as a WALKER'S PARADISE with its close proximity to restaurants, retail and S. Lake Ave. The original property consists of Four 1 Bed + 1 bath units and Three studio + 1 bath units. The 2 NEW ADUs are one 2 Bed + 1 bath and one studio + 1 bath units and NOT subject to Pasadena city rent control laws. Given the location and style these apartments have a very strong history of renting quickly and at top rents. There is on-site parking for tenants. NO SOFT-STORY RETROFIT NEEDED. Separately metered for electricity and gas and each unit has their own water heater. This can be purchase separately or together with the next door, 6 unit property at 142 S. El Molino Ave., MLS # 24-413263. A rare offering for one or two properties that have been well updated and meticulously managed by the ownership. PLEASE DO NOT DISTURB THE TENANTS.
24-413665
MLSⓇ ID
July 10, 2024
Listed
August 23, 2024
Updated
Map
664 Mira Monte Pl
Pasadena CA, 91101
Interior Features
Total Stories
2
Bedrooms
6
Total Bathrooms
9
Appliances
Refrigerator, Range/Oven, Dryer, Washer, Microwave, Dishwasher
Fireplace
No
Cooling
Yes
Cooling Description
Wall Unit(s)
Heating
Yes
Heating Description
Forced Air, Wall
Exterior/Building Features
Lot Size
0.17 Acres
Architectual Style
Art Deco
Other Property Details
Area Name
Pasadena SE
Days on Market
34
Garage
No
Parking
Driveway
Parking Total
6
View
No
County
Los Angeles
Pool
No
Zoning
PSC-
Listed by Alexander Metaxas with Realty Investment Advisors, Inc.
Listing Contact: 626-313-4901
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor The Angelas Sell Los Angeles | CA DRE# 02050331 | CA DRE# 01917116 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 8/23/2024