415 N Holliston Ave, Pasadena, CA 91106

Property Description

415 N Holliston Ave. is a well maintained 16-unit apartment property situated on a large lot of 22,377 square feet in Pasadena, California. The property was built in 1958 and offes excellent curb appeal. It is a garden style with center courtyard and well manicured landscaping. It offers sixteen (16) 1 bedroom and 1 bathroom units with average size ±755 square feet per unit (buyer to verify). Each unit is separately metered for electricity and gas and has individual water heater. The property has gone major capital improvements in the past several years. Some of the improvements are new roof, new water heaters and new garbage disposals in many units. The property has ample parking with 25 spaces split evenly between carport, tuck under, and open spaces. The property offes two laundry facilities, two community sundecks, and a sizable community patio for the tenants. The offering provides investors a rare opportunity to increase value through further unit upgrades and rental increases. The property is well-situated several blocks north of Pasadena City College and Colorado Blvd. It is centrally located between Downtown Los Angeles and San Gabriel Valley area.