2107 - 2129 1/2 Raymond Avenue, Altadena, CA

PARKING:
Composition Open(Tandem) Covered(Tandem) Total Condition
Asphault: 4(4) 0(0) 8 Average
Concrete: 0(9) 0(0) 9 Average

Property Description: Multi Family - 20 Units

Sale Notes:
"KW Commercial is pleased to present this 20 unit multifamily investment opportunity. The Raymond Bungalows are located on Raymond Ave near the intersection of Woodbury Rd and Lincoln Ave in the city of Altadena. The neighborhood is primarily residential with retail/office use on the major thoroughfares. The property is easily accessible off of the nearby 210 FWY and has good visibility on Raymond Ave. The bungalows are comprised of six 1+1s, ten 2+1s, and four 3+2s. There are two additional non conforming 1+1 units as well. The property is individually metered for gas and electricity. Sitting on a large 42,898 SF lot zoned R3 this investment offers great development potential. The owner has plans available to potentially add an additional 12 units.
Situated in an unincorporated area of Los Angeles County the property is not subject to rent control. Though built in 1921, it was extensively renovated over the past two years. Improvements include new interiors, appliances, electrical, plumbing, and landscaping. Subject property has an easement extending to Fair Oaks Ave. *Buyer to verify all information. Please do not disturb the tenants."