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Pasadena, CA 91101,430 N El Molino AVE
Pasadena, CA 91101,430 N El Molino AVE
Pasadena, CA 91101,430 N El Molino AVE
$1,620,000
Est. payment /mo
$1,595,000
1.6%
Est.Price: ?

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9,247 Sqft Lot
SOLD DATE : 12/16/2016

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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California Regional MLS (CRMLS)
Listed by Jason Insalaco • Kelton Properties
Bought with Kevin Lee • Coldwell Banker George Realty
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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