Summary
📢 $325K HEAVILY DISCOUNTED Opportunity for a Prime PSR3 Zoned Triplex in Pasadena! 🌳
Discover this incredible investment opportunity in a highly sought-after, quiet, tree-lined pocket of Pasadena! This property is a 5 bed, 3 bath triplex featuring a covered carport and ample lot space in the back for additional parking. The front unit boasts 3 beds and 1 bath, while the back units each have 2 beds and 1 bath.
🏡 Property Highlights:
- Prime PSR3 Zoning: Offers flexibility for future development.
- Excellent Condition: Could be market-ready with just a deep cleaning after tenant move-out.
- Light Cosmetic Updates: Potential to further increase value with minimal effort.
- Comparable Sales: A PSR3 zoned comp recently sold for $1.7M, and a PSR1 zoned lot with 4 units sold for $1.56M.
Why Invest?
- Potential for More Units: Adding more units could push the value well north of $2M.
- Massive Spread: Ideal for an easy play with significant profit potential in the current market.
Deal Details:
- Asking Price: $1,074,999
- Downpayment: $30,000
- Estimated Repair Costs: $125,000
- After Repair Value (ARV): $1,600,000
- Configuration: 5 bed, 3 bath
- First Come, First Serve: Don’t miss out on this opportunity!
🔑 IMPORTANT NOTE: Investor disclosure is required before address release. Call Tao (Kevin) at 626-493-9733 to start the process today. Once the disclosure is signed, you will gain access to all my deals.
DRE# 02211699
Don’t miss out on this rare opportunity! Call now or visit New Western Agent Page to input your contact information and get started.
A signed investor disclosure is required to see the address and receive the full Property Analysis Package (PAP). Call 626-493-9733 or visit: https://www.newwestern.com/agent/kevin-tames/ to be added to the exclusive buyers list free of charge.
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
Bedrooms | |
Bathrooms | |
Sq. footage |
Deals nearby
Available
Sold