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848 Marcheta Street, Altadena, CA 91001

Commercial property · 3 recorded sales since 2016

848 Marcheta Street, Altadena, CA 91001 Sold July 2021 CRMLS
$1,577,500Sold July 2021

Listing Agent: Vahe Mkhitaryan (DRE #01978765) · Listing Office: House of Real Estate & Mortgag · Contact: 818-601-0141 · Bought with: EUNA JEE · RE/MAX PREMIER/ARCADIA · MLS #320005045 · Source: CRMLS

4,514
Building Sq Ft
5
Units
0.00%
Cap Rate
7,094 sqft
Lot Size
1952
Year Built
LCC3 R2-P
Zoning
Commercial property
Type

About this commercial property

Wonderful investment opportunity value add property in beautiful Altadena. Property is mixed use total of 5 units consisting of 2 separate buildings on 1 lot. Building #1 2468, 2470, 2472, & 2474 El Molino total of 3,264sqft is the residential 4 units. The residential unit mix is Two ( 2 beds 1 bath ) & Two ( 1 bed 1 bath ). All residential units have 1 carport parking space. All residential tenants are on month to month leases and are below market rate. Building #2 848 Marcheta St is the commercial office space that has 4 rooms, 1 bathroom & 1 parking space. 1,250sqft is the commercial office space and it is delivered vacant perfect for an owner operator or to lease out. Bonus income includes coin operated laundry & storage rental. Located one block from the main shopping area of Lake Avenue and Mariposa. Please do not disturb tenants, they are not aware of sale.

Listing description from the July 2021 sale, as reported to CRMLS.

Sale history

$1,577,500
Sold July 2021 · listed $1,675,000, on market February 2021 · MLS #320005045 · Source: CRMLS
Listing Agent: Vahe Mkhitaryan · Listing Office: House of Real Estate & Mortgag · Contact: 818-601-0141 · Bought with: EUNA JEE · RE/MAX PREMIER/ARCADIA
$1,577,500
Sold July 2021 · listed $1,675,000, on market February 2021 · MLS #320005044 · Source: CRMLS
Listing Agent: Vahe Mkhitaryan · Listing Office: House of Real Estate & Mortgag · Contact: 818-601-0141 · Bought with: EUNA JEE · RE/MAX PREMIER/ARCADIA
$1,275,000
Sold June 2016 · on market April 2016 · MLS #CV16089533 · Source: CRMLS
Listing Agent: EDWARD PAN · Listing Office: MARCUS & MILLICHAP · Contact: 909-456-3400 · Bought with: EDWARD PAN · MARCUS & MILLICHAP
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