Location, location and location. 2 houses (1498 and 1500) on a big lot which is close to 8000 sq ft. Each unit has its own front and back yards, car garages (1 car garage for front unit and 2 cars garage for back unit), separate water, gas and electricity meters. Excellent location, close to PCC, shops, schools, business centers, parks and so on. Both properties are well maintained. Front home (1500) features with 2 bedrooms & 1 bathrooms. It has central AC unit, kitchen has been remodeled and updated with granite counter tops and new kitchen cabinets. Bathroom has been remodeled as well. The laundry hook ups are inside the kitchen. Hardwood floors throughout the house and with new interior and exterior paint. The unit has its own cement patio which provides rest and entertainment to the tenants. Rear home (1498) offering 2 bedrooms + office & 1 baths with California basement and attached garage.
Property Sub Type:
Duplex
Property Attached:
No
Lot Area:
8,000 sq. ft.743 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1955
(Age: 71)
General Listing Location:
Pasadena, 645 - Pasadena (NW)
County Or Parish:
Los Angeles
Tenant Pays:
All Utilities, Electricity, Gas, Water
Common Interest:
None
Gross Income:
$61,200
Gross Scheduled Income:
$61,200
Net Operating Income:
$48,000
Rent Control:
Yes
Land Lease:
No
Electric Expense:
$0
Fuel Expense:
$0
Insurance Expense:
$1,800
Operating Expense:
$13,200
Trash Expense:
$0
Water and Sewer Expense:
$0
Tax Lot:
49
Fwy 210W and get off at Hill St, up the hills and right on Topeka