$2,875,000
$2,875,000
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0.38 Acres Lot
SOLD DATE : 07/03/2024
Key Details
Sold Price $2,875,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-17535
Sold Date 07/03/24
HOA Y/N No
Year Built 1924
Lot Size 0.384 Acres
Property Description
Rare chance to own an exquisitely renovated, remodeled, modernized and reimagined 1924 seven-unit bungalow court tucked away in an amazing pocket of Altadena. Sited in a quiet neighborhood of mostly single family homes, this turn-key gem has received a comprehensive redo with nearly $700,000 invested in restoration and improvements. The property, dubbed the 'Sacramento Bungalows' is comprised of six 1-bed/1-bath units and one 2-bed/1-bath unit. Improvements include new and/or updated roofs, sewer line, landscaping, fencing, AC units, appliances, interior/exterior paint, kitchens & bathrooms and so much more. The updates were focused on attracting high quality tenants and to facilitate low maintenance operation for years to come. Tenants also benefit from washer/dryer hookups and off-street assigned parking in addition to an enclosed yard or outdoor space for each unit. Current gross rents are over $175,000 per year
Location
State CA
County Los Angeles
Area 604 - Altadena
Interior
Heating See Remarks
Cooling See Remarks
Fireplaces Type None
Fireplace No
Exterior
Parking Features Assigned
Pool None
Community Features Sidewalks
View Y/N Yes
View Peek-A-Boo
Total Parking Spaces 8
Private Pool No
Building
Lot Description Sprinklers None
Story One
Entry Level One
Architectural Style Bungalow, Cottage
Level or Stories One
Others
Senior Community No
Tax ID 5839029017
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Matty Hurtado • Coldwell Banker Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "