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    392 N Mentor Avenue

    Pasadena, CA 91106
    • $1,180,000
    • STATUS: Active
    • ON SITE: 115 days
    • ID#: PF21007992
    Price Reduced
    UPDATED: 169 min ago
    $1,180,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,260
      SQFT
    • $362
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1917
    County:

    School Ratings & Info

    Description

    4 single story units. Two separate buildings. Front duplex is bungalow style. Rear duplex is a vintage structure with steep roof line. Some of the kitchens have been remodeled. Great central location. Walking distance to Lake Avenue and Gold Line station. Over 10,000 square feet of land. Zone RM-48 HL-36.Collect rents while you obtain entitlements. Sold in as-is condition. Do not disturb occupants. Loads of upside potential on rents.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T00:35:14.603. 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 Realty ONE Group Southwest. Licensed in the State of California, USA.
    www.necolrealty.com/homes/113375944
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    392 N Mentor Avenue Pasadena, CA 91106

    • Price: $1,180,000
    • Status: Active
    • Updated: 169 min ago
    • ID#: PF21007992
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    3,260
    SQFT
    $362
    $/SQFT
    1917
    Built
    Neighborhood:
    646 - Pasadena (NE)
    County:
    Los Angeles
    Area:
    646 - Pasadena (NE)
    Property Description
    4 single story units. Two separate buildings. Front duplex is bungalow style. Rear duplex is a vintage structure with steep roof line. Some of the kitchens have been remodeled. Great central location. Walking distance to Lake Avenue and Gold Line station. Over 10,000 square feet of land. Zone RM-48 HL-36.Collect rents while you obtain entitlements. Sold in as-is condition. Do not disturb occupants. Loads of upside potential on rents.
    Exterior Features

    Architectural Style Bungalow Carport Spaces 0 Construction Materials Wood Siding Foundation Details CombinationPillar/Post/PierRaised Number Of Separate Electric Meters 4 Open Parking Spaces 6 Parking Features Paved Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Maintained Roof CompositionShingle Spa Features None Spa YN No View None View YN No

    Interior Features

    Basement YN Yes Common Walls 1 Common Wall Fireplace Features None Fireplace YN No Flooring LaminateTileWood Heating Wall Furnace Heating YN Yes Interior Features Granite CountersTile CountersAll Bedrooms Down

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 2.54 Common Interest None Community Features CurbsStorm Drain(S)Street LightsSidewalks Garage YN No Gross Income 67200 Gross Scheduled Income 67200 Insurance Expense 1800 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 38913 New Construction YN No New Taxes Expense 18187 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 28287 Possession Negotiable Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 0 Water Sewer Expense 7500 Water Source Public Zoning Psrm-48 Hl-36

    Listing provided courtesy of Enrique Lizarazu of Deasy Penner Podley


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T00:35:14.603. 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 Realty ONE Group Southwest. Licensed in the State of California, USA.
     
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