Welcome to 637 W Altadena Drive--a rare C2-zoned triplex offering versatility and income potential in one of Altadena's most desirable areas. This two-story property, built in 1963, consists of three well-laid-out units: two 2-bed/1-bath units and one 1-bed/1-bath unit, totaling 2,887 sq ft of living space. All units have separate gas and electric meters. The exterior of the building was recently painted along with other repairs.Ideal for an investor, an owner-occupant seeking rental income, or a developer exploring future possibilities. The property features four covered carport spaces with overhead storage, a shared laundry room with sink and plumbing in place, and a large separate storage room.Conveniently located just south of the Altadena Meadows and Lavina Estates, this property is minutes from hiking trails, shopping, dining, parks, schools, and major freeways with easy access to Pasadena, the Rose Bowl, and Los Angeles.Current rents are below market with all tenants on month-to-month leases--offering strong upside potential.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
1
County Or Parish:
Los Angeles
Total Building Area:
0 sq. ft.0 m2
Total Floor Area:
0 sq. ft.0 m2
Total Bedrooms:
5
Bathrooms:
3
Half Bathrooms:
0
Stories:
2 Story
Total Stories:
2
Year Built:
0
Age (in years):
2,026 year(s)2,026 year(s)
Home Owner Fees:
$0
Terms:
Cash, Conventional, FHA, VA
Gross scheduled income:
43200.0
Operating expense:
6996.0
Number of Units:
3
Tenant pays:
Electricity, Gas/Propane
Unit Number for Unit 1:
1
Unit Number for Unit 2:
2
Unit Number for Unit 3:
3
210 Freeway North, take the Lincoln Ave., exit North (Right), continue on Lincoln Ave to Altadena Dr., turn West (Right), proper