The quadruplex on Berkeley Avenue is situated on a meticulously landscaped ± 9,013 square feet of land north of Interstate 210 and one block from East Colorado Boulevard. The property offers convenient access to grocery stores, pharmacies, restaurants, and specialty retail. The quadruplex is within walking distance to Pasadena City College and just minutes from the Pasadena Playhouse District of Pasadena, Old Town Pasadena, The Shops on Lake Avenue, and the Paseo Colorado.
The quadruplex on Berkeley Avenue comprise of one, three-bedroom/two-bathroom house and three, one-bedroom/one-bathroom apartments. The bungalow-style front house offers a spacious living room, fireplace, dining area, kitchen, and laundry as well as many updates including central air and heat, new paint, newer roof, wood floors, and California basement. It also features an enclosed yard with a patio, white picket fence, lush mature landscaping and separate two-car garage. At the rear of the property there are three spacious one-bedroom/one-bathroom units that are fully-equipped with kitchens, appliances, wall air conditioning and heating, vertical blinds and ceiling fans. Common area features include private patios, two additional garages and on-site laundry.
Located within Los Angeles County, the city of Pasadena is home to California Institute of Technology (Caltech), the Tournament of Roses, and Jet Propulsion Laboratory (JPL) to name a few. The quadruplex on Berkeley Avenue provides residents easy access to the 210, 134, 110, 2 and 5 freeways which connect to all of San Gabriel Valley, the Inland Empire, Ventura County, and beyond. Its location offers convenient access to to shops, transportation and the local colleges as well as neighboring cities within the San Gabriel Valley and San Fernando Valley. Significant local landmarks within a 20-mile radius include: the Huntington Library, Rose Bowl, Dodger Stadium, Staples Center, Santa Anita Park, Griffith Observatory, Los Angeles Zoo, Hollywood Walk of Fame, Hollywood Bowl, Universal Studios, and more. The quadruplex on Berkeley Avenue is a very well maintained property with very low tenant turn-over. It is a prime Pasadena income-producing property; a great long-term investment and/or perfect owner-user opportunity. The property is in a highly desirable area and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity.