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500 Figueroa Drive

Altadena, CA 91001
  • $921,000
  • STATUS: Closed
  • ON SITE: 38 Days
  • ID#: P1-16841
Sold - 04/16/2024
$921,000
SOLD - 04/16/2024
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1962
County:

School Ratings & Info

Listing Agent(s): David Knight of Keller Williams DTLA ((213) 797-7000) and Esther Clauson of Keller Williams DTLA((213) 797-7000)


Description

Located in northwest Pasadena, this property presents a unique opportunity to own a charming duplex and either live in 1 unit while renting out the other or gather rents from both units and start earning passive income. The front yard makes a great first impression and the vacant front unit (500) features 3 beds & 1 bath in 964 SF. The spacious, open living area provides ample room for relaxation & entertainment. The adjacent dining area is a great place for hosting loved ones and the remodeled kitchen includes stainless-steel appliances. There are 3 good-sized bedrooms and the remodeled full bathroom features a shower over tub. The tenant-occupied back unit (502) has 2 beds & 1 bath within 600 SF. A standout feature of this property is the large patio deck and grassy yard with fruit trees, offering a great outdoor space for gatherings, barbecues, or simply unwinding after a long day. Each unit has their own laundry as well as a dedicated driveway, offering ample off street parking. Located in a bustling area, this duplex enjoys close proximity to the Rose Bowl, Super King Market, HomeState & other restaurants and easy freeway access. Don't miss out on this exciting investment opportunity to embrace the potential of 500 Figueroa Drive! Property is being sold with the back tenant in place.

Sold by Bonny Hsu of Coldwell Banker Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-21T12:21:09.123. 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 Mainstreet Realtors®. Licensed in the State of California, USA.
www.mainstreetgroup.com/homes/148544686
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500 Figueroa Drive Altadena, CA 91001

  • Price: $849,000
  • Status: Closed
  • On Site: 38 Days
  • Updated: 162 min ago
  • ID#: P1-16841
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1962
Built
Neighborhood:
Not Applicable
County:
Los Angeles
Area:
604 - Altadena
Property Description
Located in northwest Pasadena, this property presents a unique opportunity to own a charming duplex and either live in 1 unit while renting out the other or gather rents from both units and start earning passive income. The front yard makes a great first impression and the vacant front unit (500) features 3 beds & 1 bath in 964 SF. The spacious, open living area provides ample room for relaxation & entertainment. The adjacent dining area is a great place for hosting loved ones and the remodeled kitchen includes stainless-steel appliances. There are 3 good-sized bedrooms and the remodeled full bathroom features a shower over tub. The tenant-occupied back unit (502) has 2 beds & 1 bath within 600 SF. A standout feature of this property is the large patio deck and grassy yard with fruit trees, offering a great outdoor space for gatherings, barbecues, or simply unwinding after a long day. Each unit has their own laundry as well as a dedicated driveway, offering ample off street parking. Located in a bustling area, this duplex enjoys close proximity to the Rose Bowl, Super King Market, HomeState & other restaurants and easy freeway access. Don't miss out on this exciting investment opportunity to embrace the potential of 500 Figueroa Drive! Property is being sold with the back tenant in place.
Exterior Features

Architectural Style Traditional Carport YN Yes Construction Materials Stucco Direction Faces North Fencing BlockWood Lot Features Sprinkler System Number Of Separate Electric Meters 2 Parking Features CarportDriveway Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Roof CompositionShingle Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DishwasherGas RangeMicrowaveRefrigerator Common Walls No Common Walls Cooling Central AirWall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetLaminateTileWood Heating Central Heating YN Yes Interior Features Recessed Lighting Window Features Blinds

Property Features

Association Fee 0 Buyer Financing Conventional Community Features Suburban Electric Expense 0 Exclusions Tenant-owned appliances Fuel Expense 0 Garage YN No Gross Income 48600 Gross Scheduled Income 48600 Inclusions Landlord-owned appliances Insurance Expense 1258 Land Lease YN No Laundry Features InsideLaundry ClosetSee Remarks Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Maintenance Expense 5640 Net Operating Income 37578 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 1 Operating Expense 11022 Possession See Remarks Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions StandardTrust Tenant Pays ElectricityGas Total Actual Rent 18600 Trash Expense 824 Water Sewer Expense 1500 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-21T12:21:09.123. 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 Mainstreet Realtors®. Licensed in the State of California, USA.
 
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Mainstreet Realtors®
8577 Haven Ave, Suite 100
Rancho Cucamonga CA, 91730
Listing Agent(s): David Knight of Keller Williams DTLA ((213) 797-7000) and Esther Clauson of Keller Williams DTLA((213) 797-7000)