1710 Sierra Bonita Avenue , Pasadena, CA - 91104 is For Sale

  • AR24115770
  • AR24115770
  • AR24115770
  • AR24115770
  • AR24115770
  • AR24115770
  • AR24115770
  • AR24115770
  • AR24115770
  • AR24115770
  • AR24115770
  • AR24115770
  • AR24115770
  • AR24115770
  • AR24115770
  • AR24115770
  • AR24115770
  • AR24115770
  • AR24115770
  • AR24115770
  • AR24115770
  • AR24115770
  • AR24115770
$4,740,000· Income property

Description

1710 Sierra Bonita is a turnkey and beautifully upgraded 12 single-story bungalows by the San Gabriel foothill mountain area. Situated in the prestigious San Gabriel Mountain foothill area, and within walking distance to Altadena Country Club and Altadena Golf Course, and just within minutes to eaton canyon area this exclusive property offers superb amenities to tenants. It is in a quiet residential area surrounded by mostly multi-million dollars SFR. Located just several properties away from world renown EF International Language Campus (www.EF.com ), and EF Academy, this strategic location provides excellent location for international students, or short rentals. The area commands a fantastic demographic of $170,962 Average Household Income within a-mile-radius. It offers a good unit mix of 6 x 1bed+1bath bungalows, and 6 x Studio bungalows with some unit have private yard. Each unit has been completely upgraded inside out with modern and attractive upgrades such as: in-unit laundry machines, new flooring, new kitchen with modern kitchen countertops + cabinets + kitchen appliances, new tiled bathroom, new mini-split HVAC systems. The exterior has been completely upgraded with new paint throughout, new landscaping, new fence + gate, new driveway, and so much more. Each unit is individually metered for electricity and gas, and any house electrical and gas bills are billed back to tenants. Parking is provided by combination of private attached garage, attached carports, and shared attached garages. This property is being sold together with its adjacent properties # 1704 N Sierra Bonita, and 1728 N Sierra Bonita. If buyer only buys this property individually, some of the parking on this property will be located at 1704 N Sierra Bonita (contact listing broker to clarify).

Features

MLS#: AR24115770
List Price : $4,740,000
Total Units : 12
CAP rate : $4.50
Gross Operating Income : $289,689
Net Operating Income : $213,262
Sq M : 973 M2
Year Built : 1938
Days on market : 93 Days
Gross taxes : N/A
Address : 1710 Sierra Bonita Avenue
City : Pasadena
State : CA
Zip Code : 91104
Neighborhood : N/A
Appliances : Dishwasher, Gas Range, Range Hood, Refrigerator
Fireplace Features : None
Stories : 1
Laundry : Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
Parking Features : Assigned, Paved
Sale Type : Standard
Spa : None
View : Mountain(s)
 
Property Type : Residential Income
Property Style : Ranch
Original List Price : $4,740,000
Acres : 0.2405
Lot Size (Acres) : 0.2405
Heating : Wall Furnace
Water : Public
Sewer : Public Sewer
Parking Features : Assigned, Paved
Pool Desc : None
Utilities : Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Cooling : Wall/Window Unit(s)
Flooring : Wood
Roofing : Asbestos Shingle
Driving Directions : Hill St go north, make right on New York Dr, and then make right on Sierra Bonita St.
Lot Features : 16-20 Units/Acre, Front Yard, Landscaped, Level with Street, Lot 10000-19999 Sqft
 
Courtesy of : Han Chen , Growth Investment Group Pasade

Location

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