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482 S Arroyo Pkwy #410, Pasadena, CA, 91105

1beds
1baths
750sqft
$739,000
$985price/sqft
$4,893/moest. monthly cost
$195,720/yrincome needed

About This Home

Turnkey Pasadena investment with immediate $2,810/month rental income and a secure lease in place through 2027.Welcome to this beautifully maintained luxury condo located in one of Pasadena's most desirable areas. This inviting residence offers a functional layout. This charming 1 bedroom 1 bathroom home features a bright sun filled living room and open floor kitchen with premium natural quartz countertops, stainless steel appliances, recessed lights, movable kitchen island and ample cabinetry. Enjoy two private balconies with glass railings, Perfect for indoor & outdoor living. The primary bedroom includes a walk-in closet, and the bathroom offers an oversized soaking bathtub. One assigned parking space (#2). No guest parking. The unit is currently leased to a long term tenant since February 2022 with a proven history of consistent, on time rent payments. The existing lease will remain in effect and rental income will transfer to the new owner at the close of escrow, making this a seamless income producing investment. Ideally situated near Whole Foods, Trader Joe's, Arroyo Chop House as well as shopping, dining and major commuter routes, this property offers both convenience and long term value. Some images are from a previous listings and were taken prior to 2022, they may not reflect the current condition of the property. The furniture and decor shown are not included and are for illustrative purposes only.

Getting Around

93
WalkingWalker's Paradise
68
TransitGood Transit
81
BikeVery Bikeable

Schools

2/10
McKinley SchoolGrades K-80.7 mi
4/10
Blair High SchoolGrades 6-120.8 mi

Construction

Condition

  • Property condition: Turnkey
  • Year built: 2015

Materials

  • Foundation: Slab
  • Construction materials: Other,Concrete,Stucco

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Built-In Range,Dishwasher,Gas Cooktop,Gas Range,Microwave,Refrigerator
  • Laundry features: Laundry Closet,Laundry Room

Bathroom

  • Features: Bathroom Exhaust Fan,Bathtub,Tub Shower

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Breakfast Bar,Balcony,Eat-in Kitchen,Open Floorplan,Pantry,Recessed Lighting,Sunken Living Room,Trash Chute
  • Flooring: Concrete
  • Fireplace features: None
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 750 sqft

Kitchen

  • Features: Kitchen Island,Quartz Counters

Property

Details

  • Parcel number: 5722016105
  • Attached to another structure: Yes
  • Zoning: PSC
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Pool features: None
  • Patio & porch: None
  • Spa features: None
  • Fencing: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 0.40 Acres
  • Features: Sprinklers None

Parking

  • Total spaces: 1
  • Parking features: Assigned,Controlled Entrance,Concrete,Driveway,Electric Gate,Garage,Garage Door Opener,Gated,One Space
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1