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    1068 N Allen Avenue

    Pasadena, CA 91104
    • $975,000
    • STATUS: Active Under Contract
    • ON SITE: 301 days
    • ID#: SR20120944
    Under Contract
    UPDATED: 56 min ago
    $975,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,800
      SQFT
    • $348
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1927
    County:

    School Ratings & Info

    Description

    1066-68 N Allen Ave Pasadena, CA, is a mixed-used property located between Queensbury Rd and Casa Grande Street just North of Orange Grove Ave and the 210 Freeway. The property is comprised of (2) Two (1) One Bedroom and (1) One Bath 650 Sq. Ft. Apartment Units and (2) Two Retail shops approximate 750 Sq. Ft. each. The property has a great traffic count and good street visibility. The Apartment Units are on the backside of the property with their private entrance. Both of the Retail Shops are currently vacant, allowing for an owner-user opportunity. The property does not have on-site parking (only street parking is available). Within walking distance of other retailers, shops, and local restaurants.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-20T21:29:11.763. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zember Realty Group. Licensed in the State of California, USA.
    www.zemberrealtygroup.com/homes/107110368
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    1068 N Allen Avenue Pasadena, CA 91104

    • Price: $975,000
    • Status: Active Under Contract
    • Updated: 56 min ago
    • ID#: SR20120944
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    2,800
    SQFT
    $348
    $/SQFT
    1927
    Built
    Neighborhood:
    646 - Pasadena (NE)
    County:
    Los Angeles
    Area:
    646 - Pasadena (NE)
    Property Description
    1066-68 N Allen Ave Pasadena, CA, is a mixed-used property located between Queensbury Rd and Casa Grande Street just North of Orange Grove Ave and the 210 Freeway. The property is comprised of (2) Two (1) One Bedroom and (1) One Bath 650 Sq. Ft. Apartment Units and (2) Two Retail shops approximate 750 Sq. Ft. each. The property has a great traffic count and good street visibility. The Apartment Units are on the backside of the property with their private entrance. Both of the Retail Shops are currently vacant, allowing for an owner-user opportunity. The property does not have on-site parking (only street parking is available). Within walking distance of other retailers, shops, and local restaurants.
    Exterior Features

    Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Parking Features None Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 1 Common Wall

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.29 Common Interest None Community Features Suburban Electric Expense 592 Fuel Expense 592 Garage YN No Gross Income 61800 Gross Scheduled Income 61800 Insurance Expense 1120 Land Lease YN No Laundry Features Common Area Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 41080 New Construction YN No New Taxes Expense 13113 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 18866 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance 1854 Vacancy Allowance Rate 3 Water Sewer Expense 592 Water Source Public Zoning Psc-

    Listing provided courtesy of James Antonucci of Keller Williams Realty-Studio City and Michael Pesci of Keller Williams Studio City


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-20T21:29:11.763. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zember Realty Group. Licensed in the State of California, USA.
     
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    San Marcos CA, 92078