JUST REDUCED! We are pleased to exclusively offer for sale this multi-family investment property in the highly desirable community of Pasadena. The property consists of all single story construction, with a unit mix of 1(2Bed/1Bath) cottage style unit, and 4 remaining units situated in two duplex style buildings; 1(2Bed/1Bath) and 3(1Bed/1Bath)s. Tenants pay for their own electricity and gas while the owner pays for water and trash. The seller has been quite conservative with the rental increases leaving a new investor significant upside in the rental rates.
*Note: While the city of Pasadena has a Certificate of Occupancy for 5 legal rental units, Los Angeles County shows the subject property as 4 units. All 5 units have their own mailing addresses and gas and electrical meters.