Pasadena, CA 91104 452 E Rio Grande Street
$1,890,000
14 more
Presented By: Jack Yang with Re/Max Premier Prop SanMarino; 626-203-8269
Beds • 8
Baths • 4
SQFT • 3,312
Garage • 4
Home Details
Welcome to RIO GRANDE Apartments, a unique and attractive investment opportunity in a prime Pasadena location. This well-maintained building features four identical units, each offering 2 bedrooms, 1 bathroom, and a generous 832 sq. ft. of living space. The units are equipped with solid wood front doors, modern kitchen cabinets, tile countertops, laminate flooring, double-pane windows, and three mini-split AC units. Notably, recent upgrades include two new water heaters installed in 2018 and a complete renovation of one unit in 2019. The downstairs units boast private backyards with gardens and new wooden fences, while the upstairs units feature private balconies. Each unit provides one garage parking space and one tandem parking spot. Located conveniently close to bus stops, grocery stores, restaurants, shops, and the Rose Bowl, with easy access to Old Town, downtown LA, and various Pasadena sports venues, the RIO GRANDE Apartments represent a highly sought-after rental property in the market.
Presented By: Jack Yang with Re/Max Premier Prop SanMarino; 626-203-8269
Interior Features for 452 E Rio Grande Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
Other Rooms
Entry Level1
General for 452 E Rio Grande Street
Additional Parcels Y/NNo
AppliancesGasRange, Dryer, Washer
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityPasadena
Community FeaturesBiking, Rural, Sidewalks
ContingencyNo Contingency. Buyer To Corporate With Seller For 1031 Exchange For No Cost.
CoolingWallWindowUnits
CountyLos Angeles
Days on Market35
DirectionsLos Robles Ave and E Rio Grande
Electric Expense240.0
Entry LocationSouth Side
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income120900.0
HOA0.0
HeatingForcedAir
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense2373.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne, Two
Lot Size Square Feet7983.0
Lot Size UnitsSquareFeet
MLS Area646 - Pasadena (NE)
MobileHomeRemainsYNNo
Net Operating Income114000.0
New ConstructionNo
NumberOfUnitsTotal4
Open Parking Spaces4.0
Operating Expense4200.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot0
TermsItem1031Exchange
Trash Expense2400.0
UtilitiesNaturalGasAvailable, SewerAvailable, WaterAvailable
View Y/NNo
Water Sewer Expense396.0
Waterfront Y/NNo
Year Built1961
Year Built SourceAssessor
ZoningPSR3
Exterior for 452 E Rio Grande Street
Building Area Total3312.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre
Lot Size Acres0.1833
Lot Size Area7983.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking8.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480