606 Chestnut Avenue Los Angeles, CA 90042
We are pleased to present a 17 units apartment building located at 606 Chestnut Drive Los Angeles. As it is located in highland park, it is very close to South Pasadena. It is a 17-unit property priced at a current 4.93% Cap Rate; this property is being offered for sale for the first time since 1992. The units are comprised of all One Bedroom units, which are very large and average over 650 square feet each! The building has a gated access private parking lot in the back as well as parking for 18 cars, 17 cars for the tenants and 1 parking space for the property manager. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. 606 Chestnut Drive is conveniently located just minutes from South Pasadena, and Downtown Los Angeles, with easy access to the parks and freeways. There are schools, shops, restaurants and amenities nearby, making this an ideal location for renters.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site46 Days
- MLS StatusActive
- MLS ID NumberOC24139116
- Home Size Source N/A
- Year Built1973
- Lot Size0.43 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 0
- Sewer Public Sewer
- Number of Stories 22
- Acreage 0.43
- Water Public
- Garage Spaces 0
- Zoning LARD2
- Listing Conditions Standard
Interior Features
- Laundry Features Individual Room
Exterior Features
- Pool Features None
- Lot 36-40 Units/ Acre
Community Features
- Community Features Sidewalks
- Senior Community No
- MLS Area 632 - Highland Park