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Key Details
Sold Price $1,620,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-105
MLS Listing ID 316009380
Lot Size 9,247 Sqft
Property Description
Kelton Properties is pleased to present this spectacular 5 unit turn-key treasure in prime Pasadena at 430 N El Molino Ave. This investment property has been updated inside and out. Every unit has been masterfully renovated with class and top-rate amenities. All units are currently leased CURRENT CAP RATE 5.26%. 13.32 GRM The Villas of El Molino is perfect for an investor wishing to trade into a low-maintenance trophy asset with incredible cash flow or an all-cash buyer seeking a superior return. 5.26 CAP Separately metered. 5 units + 9 parking spaces. 3 units feature their own private yards.
Location
State CA
County Los Angeles
Area 646 - Pasadena (Ne)
Zoning PSR4
Interior
Flooring Wood
Exterior
View Y/N No
Building
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Bought with Kevin Lee • Coldwell Banker George Realty