26 Virginia Avenue, Pasadena, California
26 Virginia Avenue, Pasadena, California 91107 - We are pleased to offer for sale this 4 unit investment property in the highly valuable rental community of Pasadena. Located just south of Colorado Blvd between Sierra Madre Blvd and San Gabriel Blvd, the subject property is in a strongly sought after investment area and a dense rental market. The property consists of 1(2Bed/1Bath) single-story Detached Cottage, and 3 (1Bed/1Bath) units located in a single-story Tri-Plex. The property offers private garden walkways, onsite garage parking (3 stalls) and is separately metered for electricity & gas. The current owner re-roofed the tri-plex structure within the last two years and has maintained the rest of the property very well. Given the ever increasing rental rates in the Pasadena area, a new investor can take advantage of a significant upside in rental income once the property has been repositioned with market rents.
Listing Courtesy of KRISTOPHER GERMAN~RE/MAX 2000
“Ann Shumbo is by far the most talented, dedicated, and thoughtful real estate agent with whom we have had the pleasure of working in 35+ years. Her knowledge of the real estate market, stellar communication skills, and willingness to "go the extra mile" made the sale of our home as easy and painless as possible. We loved working with Ann and highly recommend her to anyone who is buying or selling a home in Southern California. In short, Ann is truly "the best in the biz."”