3459 E Del Mar, Pasadena, CA 91107
Wonderful property in a very desirable part of Pasadena. Property is located in County area, so the benefits of Pasadena without the regulations. The property has been very well maintained and managed. Perfect opportunity to own one of the jewels of the San Gabriel Valley. The property shows legally as a duplex. A third unit was added over 30 years ago, by the former owner. The property is a triplex, but is partially setup and rented as individual rooms. The properties makeup is as follows. Unit #1 upstairs is a 1 bedroom-1 bath with living room and kitchen currently rented for $1200. Unit #2 Main House is setup as individual rented rooms with a total of 6 bedrooms and 4 bathrooms. They all share a kitchen. The breakdown is as follows, 1 unit is 2 bedroom/1 bath and rented for $1200, then 4 rooms that share 3 bathrooms are rented for $475, $500, $525, and $650. The final Unit, Unit #3 Back House, is currently rented to the maintenance man for $600, but the rent should be well over $2100. The unit has 3 bedrooms and 2 baths and is about 1100 square feet (Not on record). The property is located near major shopping and restaurants, as well as, just minutes from downtown Pasadena and the colleges. The current rents are well below market values and there is plenty of room to grow the rental income on this property. Take a look at the property, do not miss this opportunity.