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Kenneth Lamm

kennylamm4re@sbcglobal.net +1(818) 414-5833

$ 780,000

Est. payment -/mo

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482 S Arroyo #410 Pasadena, CA 91105

1 Bed

1 Bath

750 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 750 sqft

Price per Sqft $1,040

MLS Listing ID P1-26805

Bedrooms 1

Full Baths 1

Construction Status Turnkey

HOA Fees $654/mo

HOA Y/N Yes

Year Built 2015

Lot Size 0.400 Acres

Property Sub-Type Condominium

Property Description

Turnkey Pasadena investment with immediate $2,810/month rental income and a secure lease in place through 2027.Welcome to this beautifully maintained luxury condo located in one of Pasadena's most desirable areas. This inviting residence offers a functional layout. This charming 1 bedroom 1 bathroom home features a bright sun filled living room and open floor kitchen with premium natural quartz countertops, stainless steel appliances, recessed lights, movable kitchen island and ample cabinetry. Enjoy two private balconies with glass railings, Perfect for indoor & outdoor living. The primary bedroom includes a walk-in closet, and the bathroom offers an oversized soaking bathtub. One assigned parking space (#2). No guest parking. The unit is currently leased to a long term tenant since February 2022 with a proven history of consistent, on time rent payments. The existing lease will remain in effect and rental income will transfer to the new owner at the close of escrow, making this a seamless income producing investment. Ideally situated near Whole Foods, Trader Joe's, Arroyo Chop House as well as shopping, dining and major commuter routes, this property offers both convenience and long term value.

Location

State CA

County Los Angeles

Area 647 - Pasadena (Sw)

Zoning PSC

Rooms

Main Level Bedrooms 1

Interior

Interior Features Breakfast Bar, Balcony, Eat-in Kitchen, Open Floorplan, Pantry, Recessed Lighting, Sunken Living Room, Trash Chute

Heating Central

Cooling Central Air

Flooring Concrete

Fireplaces Type None

Fireplace No

Appliance Built-In Range, Dishwasher, Gas Cooktop, Gas Range, Microwave, Refrigerator

Laundry Laundry Closet, Laundry Room

Exterior

Parking Features Assigned, Controlled Entrance, Concrete, Driveway, Electric Gate, Garage, Garage Door Opener, Gated, One Space

Garage Spaces 1.0

Garage Description 1.0

Fence None

Pool None

Community Features Curbs, Gutter(s), Street Lights, Sidewalks, Urban, Gated

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Amenities Available Call for Rules, Controlled Access, Pet Restrictions

View Y/N No

View None

Porch None

Total Parking Spaces 1

Private Pool No

Building

Lot Description Sprinklers None

Dwelling Type Multi Family

Story 5

Entry Level Three Or More

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Construction Status Turnkey

Others

HOA Name Action Property Management

Senior Community No

Tax ID 5722016105

Security Features Carbon Monoxide Detector(s),Security Gate,Gated Community,24 Hour Security,Key Card Entry,Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Chit Yip Coldwell Banker Realty #01885125

NEARBY SCHOOLS & PROPERTIES

Kenneth Lamm

Advisor | License ID: 01101162

+1(818) 414-5833

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