280 Grandview Street

    Pasadena, CA 91104
    • $1,200,000
    • STATUS: Active
    • ON SITE: 27 days
    • ID#: 19467054
    UPDATED: 52 min ago
    $1,200,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,800
      SQFT
    • $429
      $/SQFT
    Type:
    Multi-Family
    Built:
    1953
    County:

    School Ratings & Info

    Description

    Incredible development opportunity. All units currently vacant. Two renovated, detached units. New kitchens, bathrooms, laminate flooring, doors, windows, lighting, and paint. Roofs in good condition. Additional unpermitted rear duplex with architectural plans RTI. Lot zoned for up to 9 units with no affordable housing requirement (buyer to verify). Property ready to generate income while owner awaits approvals.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-25T19:36:45.46. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/95270487

    280 Grandview Street Pasadena, CA 91104

    • Price: $1,200,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: 19467054
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    2,800
    SQFT
    $429
    $/SQFT
    1953
    Built
    Neighborhood:
    Not in A Development (Not in A Development)
    County:
    Los Angeles
    Area:
    646 - Pasadena (NE)
    Property Description
    Incredible development opportunity. All units currently vacant. Two renovated, detached units. New kitchens, bathrooms, laminate flooring, doors, windows, lighting, and paint. Roofs in good condition. Additional unpermitted rear duplex with architectural plans RTI. Lot zoned for up to 9 units with no affordable housing requirement (buyer to verify). Property ready to generate income while owner awaits approvals.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Uncovered Parking YN Yes

    Interior Features

    Appliances DisposalVented Exhaust FanDishwasher Appliances YN Yes Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Laundry Features Gas Dryer Hookup Levels OneTwo Window Features Double Pane Windows

    Property Features

    Gross Multiplier 10.65 Gross Operating Income 102600.00 Improvements Amount 326400 Land Lease YN No Land Value 510000 Laundry YN Yes Net Operating Income 86625.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Units Leased 0 Number With Dishwasher 2 Number With Refrigerator 0 Special Listing Conditions Standard Subdivision Name Other Not in A Development (Not in A Developme Taxes Percent 1.25 Total Expenses 15975.00 Zoning Psrm

    Listing provided courtesy of Kary Kang of Hurwitz James Company


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-25T19:36:45.46. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Heller The Home Seller | Keller Williams Realty
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024