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$699,000
Est. payment /mo
10 Beds
4 Baths
8,633 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-28012
Bedrooms 10
Lot Size 8,633 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare opportunity to own a multifamily property in the heart of Altadena. Built in 1983, this two-on-a-lot investment offers an excellent blend of stability, functionality, and long-term potential. With the front unit currently occupied, each unit provides 5 bedrooms and 2 bathrooms within a practical layout designed for everyday living, making this an attractive option for both tenants and investors. A standout feature of the property is the vacant rear home, presenting an exceptional opportunity to rebuild and create your vision. Whether you're looking to design a dream owner's unit, maximize rental income, or enhance the property's overall value, this blank canvas offers tremendous potential. The property offers ample on-site parking and sits on a generously sized lot with mature landscaping and easy access. Located just moments from local shops, restaurants, parks, and major commuter routes, residents enjoy the convenience of a central location while still experiencing the charm and character that make Altadena so desirable. Whether you're looking to expand your investment portfolio, complete a 1031 exchange, or capitalize on the opportunity to reimagine the vacant rear unit, this is an exceptional chance to own a quality two-on-a-lot with both immediate income potential and exciting possibilities for the future.
Location
State CA
County Los Angeles
Zoning Assessor
Direction South side of Sacramento St. Cross street is Marengo Ave.
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 5835024004
Acceptable Financing Cash
Listing Terms Cash
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Listed by David Knight, DRE#01829234 Keller Williams Realty
NEARBY SCHOOLS & PROPERTIES
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878