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601 W Montana Street Pasadena, CA
$1,169,000

Property listed by Cynthia Cohn & Associates, Inc, Cynthia Cohn. IDX Contact: 626-714-6808

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Ling Beh

Ling Beh

Founder

DRE# 01945660

Property Description

PRICE IMPROVEMENT! Fabulous two-on-a-lot ideal for an investor or a buyer looking to generate additional income or a property with separate living quarters for extended family. Located in northwest Pasadena’s Muir Heights neighborhood nestled on a beautiful 5,916 square foot lot (per assessor) and just blocks away from the renowned Rose Bowl Stadium, Arroyo Seco trails, Jet Propulsion Lab, LA’s popular tex mex eatery Homestate, Highlight Coffee, 24 Hour Fitness, and with easy freeway access. Built in 1945, the front house (601 W. Montana St.) is charming, with 2 bedrooms, an updated bath, a spacious living & dining area, and a remodeled kitchen w/ access to a private and fenced outdoor entertaining area. The home features dual glazed windows, recessed lighting, central heat & A/C, all kitchen & laundry appliances, and ceiling fans throughout.The rear unit (599 W. Montana Street) is a permitted and freestanding Accessory Dwelling Unit (ADU) featuring 660 square feet (taped) which includes a large living space, a kitchen w/ refrigerator & stove, a full bath, and an spacious bedroom w/ room for an office area. The unit includes heat & A/C, laundry hook-ups, and a private enclosed grassy and landscaped yard. Both units are currently tenant occupied with market rents and convey with the sale. Don’t miss this home and make it ”Where your home happens.”

Property Details & Features

Property Type

  • Residential Income

Year Built

  • 1945

Appliances and Equipment

  • Gas Range
  • Refrigerator

House

  • 1 total stories
  • Built in 1945
  • Stories: 1
  • 837 total building sqft
  • No Common Walls
  • One

Community

  • Urban

Expenses

  • Electric Expense: $2,520
  • Fuel Expense: $504
  • Insurance Expense: $885
  • Operating Expense: $14,205
  • Water Sewer Expense: $829

Fence

  • Chain Link
  • Vinyl

Income

  • Gross Income: 62400
  • Gross Scheduled Income: 62400
  • Net Operating Income: 48195

Listing

  • Listing ID: P1-12052
  • 8 days on market
  • Listed on 2022-11-22

Location

  • County: Los Angeles
  • Subdivision: Not Applicable

Lot

  • 5916 sqft
  • 0.1358 acres
  • Area: 5916

Parking

  • 2 total parking spaces
  • Driveway

Property

  • 2 buildings
  • Mountain(s)

Sewer

  • Public Sewer

Utilities

  • 0 separate electric meters
  • 0 separate gas meters
  • 0 separate water meters

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