Multifamily

185 E Woodbury Rd

185 E Woodbury Rd, Altadena, CA 91001

Listing Price: $950,000

Cap Rate
2.98%
Number of Units
2
Price/Unit
$475,000
Price/Gross SF
$325.79
Gross SF
2,916

Investment Overview

Marcus & Millichap is pleased to present a well-maintained duplex in Altadena, California. The building occupies 2,916 square feet and sits on a 8,082 square foot lot, providing tenants with a large backyard and four covered driveway parking spaces. The front house, consisting of 3 bedrooms and 2.5 Bathrooms, has undergone exterior renovations that include exterior painting, roof repair and a recent replacement of windows. The back house, consisting of 4 Bedrooms and 2 Bathrooms, has also undergone roof repairs, window replacements and has been recently repainted. Both units also include central A/C and heating. This asset is located in the heart of Altadena, just west of Woodbury Road and Marengo Avenue. With close proximity to shops, freeways, the Metro Line, and Old Town Pasadena, residents can complete daily tasks with ease. The property is also located within 3 miles of the Jet Propulsion Laboratory in Pasadena.

Investment Highlights

  • Utilities Separately Metered
  • Carport Parking with 4 Spaces
  • Central Heating & A/C in Both Units
  • New Paint, Windows, & Landscaping Completed in 2017
  • Walking distance to Many Tenant Needs

Exclusively Listed By

Listing Price: $950,000

Cap Rate
2.98%
Number of Units
2
Price/Unit
$475,000
Price/Gross SF
$325.79
Gross SF
2,916

Investment Highlights

  • Utilities Separately Metered
  • Carport Parking with 4 Spaces
  • Central Heating & A/C in Both Units
  • New Paint, Windows, & Landscaping Completed in 2017
  • Walking distance to Many Tenant Needs

Investment Overview

Marcus & Millichap is pleased to present a well-maintained duplex in Altadena, California. The building occupies 2,916 square feet and sits on a 8,082 square foot lot, providing tenants with a large backyard and four covered driveway parking spaces. The front house, consisting of 3 bedrooms and 2.5 Bathrooms, has undergone exterior renovations that include exterior painting, roof repair and a recent replacement of windows. The back house, consisting of 4 Bedrooms and 2 Bathrooms, has also undergone roof repairs, window replacements and has been recently repainted. Both units also include central A/C and heating. This asset is located in the heart of Altadena, just west of Woodbury Road and Marengo Avenue. With close proximity to shops, freeways, the Metro Line, and Old Town Pasadena, residents can complete daily tasks with ease. The property is also located within 3 miles of the Jet Propulsion Laboratory in Pasadena.

Exclusively Listed By

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