Rare opportunity to own a multifamily property in the heart of Altadena. Built in 1983, this two-on-a-lot investment offers an excellent blend of stability, functionality, and long-term potential. With the front unit currently occupied, each unit provides 5 bedrooms and 2 bathrooms within a practical layout designed for everyday living, making this an attractive option for both tenants and investors. A standout feature of the property is the vacant rear home, presenting an exceptional opportunity to rebuild and create your vision. Whether you're looking to design a dream owner's unit, maximize rental income, or enhance the property's overall value, this blank canvas offers tremendous potential. The property offers ample on-site parking and sits on a generously sized lot with mature landscaping and easy access. Located just moments from local shops, restaurants, parks, and major commuter routes, residents enjoy the convenience of a central location while still experiencing the charm and character that make Altadena so desirable. Whether you're looking to expand your investment portfolio, complete a 1031 exchange, or capitalize on the opportunity to reimagine the vacant rear unit, this is an exceptional chance to own a quality two-on-a-lot with both immediate income potential and exciting possibilities for the future.
4 days
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460
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36
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Zillow last checked:
Listing updated:
Listed by:
David KnightDRE #01829234daveknightrealestate@gmail.com,
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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