Introducing 231 S. Hudson Ave, situated in one of Pasadena's most desirable neighborhoods. This charming walk-up building with 14 units offers a fantastic opportunity for investors seeking quality assets in premier locations. With an impressive Walk Score of 96, this location is a true Walker’s Paradise® for pedestrians, making it attractive to both investors and tenants alike. The property has been meticulously maintained and comprises 2 studios and 12 one-bedroom units.
Unit interiors are outfitted with wall air conditioning, gas heaters, carpet and vinyl flooring, gas stoves/ovens, refrigerators, and garbage disposals. Notable features include updated electrical subpanels and copper repiping (excluding the main lines). The one-bedroom units also feature a cozy dinette area.
This two-story garden-style building rests on a concrete slab foundation and boasts a central courtyard. It offers a total of 8 parking spaces, including 8 detached carports. Recent upgrades include new electrical subpanels in August 2021 and copper repiping in January 2022. For added convenience, there is a shared laundry room equipped with two washers and two dryers owned by the building, and laundry can be paid by phone app or coins. The units are separately metered for gas and electric, each with individual hot water heaters. The owner pays for water, sewer, trash, as well as common area gas and electric.