112 N Mar Vista Avenue

Pasadena, CA 91106

PRICE REDUCED

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-$200,000 (-4.56%)

$4,188,000

List Price

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1959

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Property Description

Welcome to the Mar Vista Apartments, centrally located in the popular South Lake Avenue District of Pasadena and blocks from Caltech and Pasadena City College. This 10-unit complex is a mix of 8 one-bedroom and 2 two-bedroom units and is a great opportunity to invest in a vibrant growing neighborhood. Located within walking or biking distance of Colorado Boulevard and South Lake Avenue, the tenants have lots of options for shopping, dining and excellent coffee. The complex is well-maintained and offers a on site laundry facility. RENTS ARE AT OR NEAR MARKET RATES making this investment property turnkey and easy to manage.

Listing Information

List Price $4,188,000
Status Active
MLS AR24175836
HOA $0
Type Residential Income
Subtype Apartment
Year Built 1959
Lot Size 8,736
Structure Size N/A
DOM 39
Courtesy Of Moran Real Estate Inc.
Listing Agent James Moran DRE#01425464

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
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Features None
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: James Moran, Moran Real Estate Inc. 626-644-4426. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 30th, 2024 at 7:05 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.