Posts Tagged with ‘Traditional’
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New Listing: Non-Rent Controlled 4 Units in Prime Northwest Glendale
09 Feb 2012My new listing is an investor’s dream. Aside from great looks, this character property, priced at $569k, has no rent control, positive rental income and is located in a great location. Who can ask for anything more? I predict this one will fly off the market. This property is a legal triplex with an additional legal guesthouse for a total of 4 units. With total rental income at $3839 per month, an investor with an average down payment will have positive rental income. Three units have 1 bedroom/1 bath and the guesthouse is a studio. This property is very well-maintained on a prime corner lot in Northwest Glendale. The style of these units are very desirable by tenants as they’re side-by-side bungalows, more like little houses, with hardwood floors, updated kitchens, baths, recessed lighting & 1-car covered garage space each. All units include gas ranges & full size fridges with the washer/dryer in the garage. Minutes to 134/5, Americana, Galleria, Burbank, Pasadena, Los Feliz, Silver Lake. For more information, or if you’d like to view this property, let me know. At a Glance 542 W. Dryden St., Glendale, 91202 $569k Triplex + Legal Guesthouse (4 Total Units) 2173 sq. ft.,…
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Flip Watch: Whiplash-Inducing Flip in Pasadena
20 Jan 20123580 E. Del Mar has been on the market 3 times in the last few years: ’05, ’08 and ’10. With what appears to be a small fortune invested, here’s to keeping hope alive that this 4th outing might finally bring buyers eager to lay roots with this 1941 Traditional. This property was purchased at the end of 2010 and spent the good part of 2011 undergoing an Extreme Makeover-like total transformation. Virtually unrecognizable, this 3 bedroom/2 bath, 1390 sq. ft. home received new hardwood floors, lighting, an enviable European kitchen, appliances, custom closets, plantation shutters, roof, plumbing, A/C system, landscaping and a finished garage to boot – all permitted. Even after a recent $40k price reduction, this property is still optimistically priced at $588k based solely on recent sales. On looks alone (not to mention great staging), it might be worth ever penny. Check out the before and after shots. As always, if you’d like to view this property or any other, let me know. Living Room: Kitchen: Bath (too unfortunate before): Bedroom: Garage: At a Glance 3580 E. Del Mar Blvd., Pasadena 91107 $588k 3 bedrooms/2 baths 1390 sq. ft., 6500 sq. ft. lot 1941 Traditional Total Remodel,…
