Listing provided courtesy of Ryan Loria of Triqor Group. Last updated 2024-11-07 09:11:24.000000. Listing information © 2024 Sandicor.
Asking Price: $2,400,000
580 Holliston, Pasadena CA 91106
Community: 646 - Pasadena (NE)
This Apartment property was built in 1963 and is priced at $2,400,000. Please see the additional details below.
Holliston House & Apartments is a charming, well-maintained and substantially upgraded 5-unit community in Pasadena, CA. The property features a one-of-a-kind unit mix consisting of a beautiful 2000 sq. ft. 3-bedroom 2.5-bath + Den craftsman style home and four 2-bedroom 1-bath units with covered parking and individual gas and electric meters. All units have been extensively remodeled with high-end designer finishes such as quartz countertops, stainless steel appliances, custom cabinetry, recessed LED lighting, fully remodeled kitchens and bathrooms. The home features central heating, a wall A/C unit in every room, washer/dryer hookups, hardwood flooring, a basement, and a den. The 2-bedroom units are spacious with an open floor plan and feature high quality wood-look tile flooring, custom walk-in showers with designer tiles, new wall heating and A/C units. Nearly everything is brand new, including: roofs, plumbing, sewer line, electrical, dual-pane windows, and driveway. With strong rents in place, this asset generates a current cap rate of 4.9%, 6.1% with market rents. This property is ideal for investors seeking a well-located, turnkey asset with upside potential and NO differed maintenance.
