Offered at 4.29% CAP Rate with 6.12% Proforma CAP (buyer to verify), Sierra Bonita Bungalows is a 26-unit Turnkey Single-story bungalows community in the foothill area of San Gabriel Mountain, and only 2 blocks south of Altadena Country Club. Situated in the prestigious San Gabriel Mountain foothill area, and within walking distance to Altadena Country Club and Altadena Golf Course, this exclusive property consists of 26 units that are spread over 15 buildings and meticulously designed and fully upgraded from top to bottom, providing an attractive proposition for investors looking for steady rental income and long-term value appreciation. The property consists of 3 parcels with highly desirable layouts; a combination of single-story bungalow style single-family houses and duplexes, each unit provides serene and single-family house atmosphere to it, making each unit very easy to rent and highly desirable amongst renters. The large, combined lots allow FOUR (4) ADUs OR MORE (buyer to verify). It is in a quiet residential area surrounded by mostly multi-million dollars SFR. Located just several properties away from the world renown EF International Language Campus (www.EF.com ), and EF Academy, this strategic location provides excellent location for international students, or sho
MLS #
CRAR24028994
MLS Source
California Regional MLS
Days on Site
86
Buyer's Brokerage Compensation*
2.00
Appliances
Oven Range - Gas, Dryer, Washer
Flooring
Laminate
Cooling
Window/Wall Unit
Heating
Wall Furnace
Garage/Parking
Assigned Spaces, Carport, Detached, Garage, Garage: 6 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
15 | 26 | – |
1728 N Sierra Bonita Ave is a Residential Income in Pasadena, CA 91104. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $10,980,000 and was built in 1963.
This address can also be written as 1728 N Sierra Bonita Ave, Pasadena, CA 91104.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of February 14, 2024. For the most current information, please contact Han Chen