New Construction Duplex in Pasadena

$1,360,000

288 & 290 Lola Ave

# of Units: 2

GRM: N/A

CAP Rate: N/A

Price/SF: $562

Building SF: 2,420

Lot SF: 6,520

Zoning: PSR1

Year Built: 2019

Description

Welcome to your next best investment. Ever wanted to live in a spacious and thoughtfully remodeled 1,240 SF apartment and rent out the equally hip 2nd unit to help pay your mortgage? Here's your chance! This is a rare opportunity to invest in one of Pasadena's hottest locations at an incredible value.

 

Built brand new in 2019, each apartment is 3 Bedrooms + 3 Baths and span approximately 1,210 SF each.  The units feature new wood-like flooring, countertops, cabinets, appliances, windows, and bright light fixtures.  Each unit has its own respective two-car garage that is accessed through a share automatic gate leading to the street. 

 

Location

Nestled in East Pasadena right off of the 210 Freeway, this location provides it all.  With easy access to the main thoroughfares of Sierra Madre Blvd and Colorado Blvd, tenants can enjoy all that Pasadena has to offer.  Tenants can also enjoy close proximity to Downtown Pasadena, Arcadia, Santa Anita, Altadena, and the rest of the San Gabriel Valley.  This location sits within close proximity to California Institue of Technology, Pasadena City College, Victory Park, and Vina Vieja Park.       

Property Highlights

  • 2 Units | 2,420 SF | 6,520 SF Lot

  • Built in 2019 | Zoned PSR1

  • High Potential Rents at $3,200/Per Unit

  • Delivered 100% Vacant

  • Minutes to Sierra Madre Blvd, Colorado Blvd, Pasadena City College, & California Institute of Technology.

  • New Development Inside and Out

  • Brand New Flooring, Lighting Fixtures, Cabinetry, and Appliances

  • Modern Look and Style

  • Amazing Location in East Pasadena right off of the 210 Freeway

  • Walk Score of 73 - *Very Walkable*

  • Close Proximity to Many Great Stores and Delicious Eateries

Please Send Me More Infomation On This Listing
Call Me Today!

Tel: 310.562.9630 

Email: DMendez@kw.com

DRE #: 01746702

IncomePropertiesLA.com

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