CA > Pasadena
Pasadena, CA 91106,112 N Mar Vista Avenue
Pasadena, CA 91106,112 N Mar Vista Avenue
Pasadena, CA 91106,112 N Mar Vista Avenue
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Listed by Han Chen • Growth Investment Group Pasade
$4,100,000
Est. payment /mo
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6,920 SqFt
Active

112 N Mar Vista Avenue Pasadena, CA 91106

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Kenneth Er

Kenneth Er

Compass

+1(510) 828-8572

UPDATED:

01/23/2025 05:58 AM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,920 sqft

Price per Sqft $592

MLS Listing ID CRAR24245071

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1959

Lot Size 8,736 Sqft

Property Sub-Type Other

Property Description

A very well-maintained property in an excellent location only several blocks away from CALTECH and Pasadena City College. With a walk score of 94 and proximity to many amenities in the area including Lake Ave District and Old Town Pasadena and flurries of restaurants along Colorado Blvd, this community offers an ease of management and easy to rent investment. Offered at close to 5% CAP Rate, this investment presents an excellent opportunity for savvy investors to buy a very well-located apartment with no known deferred maintenance and excellent in-place rents. The property was built in 1959 and situated on southeast corner of Mar Vista Ave and Union St. It has a total of ±6,920SF building size and is situated on a large ±8,744SF R4 lot. It has small lawn in the front with side paver stone courtyard that provides easy access to units. The roof is in excellent condition and the property has updated exterior paint. It offers an excellent unit mix of two (2) 2-bedroom+1-bathroom, and eight (8) 1-bedroom+1-bathroom units. Approximately 8 out of 10 of the units have had upgrades with updated kitchen, updated flooring and updated bathroom (buyer to verify). The units are spacious and bright with updated dual pane windows throughout. There are 9 parking spaces provided by carports in t

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate, Wood

Fireplace No

Laundry Other

Exterior

View Mountain(s), Other

Building

Lot Description Corner Lot, Level, Other

Water Public

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Kenneth Er

Agent | License ID: 01942269

+1(510) 828-8572

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