65 South Roosevelt Avenue
65 South Roosevelt Avenue
$2,680,000
—
3,410
3,410
$786
Description
A great opportunity to acquire the 5 units multi-family property 63 & 65 S Roosevelt Ave. in Lamanda Park neighborhood of the highly desirable city of Pasadena. 5 mins walk to Pasadena Plaza, including Vons, US bank, UPS store, restaurants and coffee shops. 3 mins drive to California Institute of Technology and Pasadena City College, and also within minutes to Old Pasadena. With a great unit mix of one 3 bed / 2 bath house with private fenced yard and four 1 bed / 1 bath units, this 100% fully leased...A great opportunity to acquire the 5 units multi-family property 63 & 65 S Roosevelt Ave. in Lamanda Park neighborhood of the highly desirable city of Pasadena. 5 mins walk to Pasadena Plaza, including Vons, US bank, UPS store, restaurants and coffee shops. 3 mins drive to California Institute of Technology and Pasadena City College, and also within minutes to Old Pasadena. With a great unit mix of one 3 bed / 2 bath house with private fenced yard and four 1 bed / 1 bath units, this 100% fully leased turn-key property offers a total 3,410sqft building on a 11,437sqft lot. 63 & 65 Roosevelt Ave is a very attractive single-story apartment that was built in 1956, which is a prime Pasadena income-producing property and a great value-add opportunity for a short or long-term investment. Significant Potential for Rental Upside by converting it to two stories apartment building with 12+ units (most of the neighbors are two stories). The front house (65 S Roosevelt) is a 3 bedroom 2 bathroom single family style house with approximately 1,650sqft in size. The house has its own large private yard with mature landscaping and secured gate. The back property (63 S Roosevelt) is a four-unit apartment. All units are comprised of wall air conditioning and heating, laminate flooring, spacious kitchens with gas oven/stove combinations, in-unit laundry, individually metered gas and electricity and surface parking with ample street parking. All 5 units are currently occupied (100% occupancy) with potential upside for extra cash flow in the future.
- Listed by Willow Liu Weil • DRE #01988530 • Brokerage DRE #02121645 • Universal Elite Inc. • 6263213660
Property Details for 65 South Roosevelt Avenue
Total Units
15.0
Lot Size SourcePublic Records
Lot Size Dimensions11437
Building Area Total3410
Building Area UnitsSquare Feet
Stories Total1
Entry Level1
Parcel Number5747006043
Location
LISTING UPDATED: 04/06/2024 09:13 AM
Property Details for 65 South Roosevelt Avenue
Status | Active |
---|---|
MLS # | TR24067755 |
Days on Market | 24 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi Family |
Year Built | 1956 |
Lot Size | 0.26 AC / 11,437 SF |
County | Los Angeles County |
Location
Building Information for 65 South Roosevelt Avenue
Stories1Residences-Year Built1956Building Size-Lot Size0.26 AC / 11,437 SF
Payment Calculator
$14,626 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 65 South Roosevelt Avenue
Property History for 65 South Roosevelt Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 65 South Roosevelt Avenue
This home is within Pasadena Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Hamilton Elementary School PublicK to 5 | ||
Woodrow Wilson Middle School Public6 to 8 | ||
Pasadena High School Public9 to 12 | ||
Learning Works School Charter7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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