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Altadena CA - Four Unit Apartment Complex Sold

By
Industry Observer CalDRE #01165532

Altadena CA - Four Unit Apartment Complex Sold

 

Altadena Four Unit Apartment Complex - Sold by Realtor Michael Jacobs 818.516.4393 cell

 

 

I recently represented the buyer in the purchase of this four unit apartment complex in Altadena.  Located just north of Pasadena, Altadena is an unincorporated area within Los Angeles County.   Comprised primarily of single family homes, apartments are fairly rare in the area in comparison to Pasadena.

 

The property consists of two duplex properties - the front building features one bedroom, one bath, formal dining each with an enclosed yard.   The rear units are two bedrooms, one bath and den.   All units have washer-dryer connections.   Each apartment has a fireplace and hardwood floors.

 

With multiple offers common in the market, the buyer of this property was competing against nine other buyers.   If you are a homeowner thinking of selling, a prospective buyer or just curious about real estate in Altadena or throughout the San Gabriel Valley, I welcome the opportunity to speak to you.  Check properties in our area at www.camoves.com/michael.jacobs or better yet contact me at 818.516.4393 cell or michaeljacobs@coldwellbanker.com.   



Altadena, Ca - Four Unit Apartment Complex Sold




Posted by

Michael Jacobs

 

CalBRE # 01165532

P. O. Box 587

Pasadena, CA 91102

Call/Text:  818.516.4393

mtj916@gmail.com

 

 

Joy Daniels
Joy Daniels Real Estate Group, Ltd. - Harrisburg, PA

I like the flowers! :)  I guess that is something that you "get used to" in CA!  Anyway - congratulations on the sale!

Apr 24, 2013 01:36 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Joy - not as much landscaping currently -- my client is planning some improvements to the property -- I'm sure it will be quite impressive when complete.   Thanks.   

Apr 24, 2013 01:45 PM
Kathy Schowe
California Lifestyle Realty - La Quinta, CA
La Quinta, California 760-333-8886

Altadena is a great location... close to LA, but with a small town feel!  Good for you!  K

Apr 24, 2013 02:59 PM
Eric Crane -- Your Full Service, Discount Fee Realtor®
DPR Realty LLC - Gilbert, AZ
Greater Metro Phoenix Arizona

Hi, Michael -- congratulations on the sale -- have a restful night!  best -- Eric

Apr 24, 2013 03:19 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Kathy - you know!

Eric - thanks very much, I appreciate that.

Apr 24, 2013 03:37 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Michael congrats on the sale, I agree everything is in multiple offers, I could write five blog post just about this subject...Congrats again well done!

Apr 24, 2013 04:02 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Endre - well, almost everything -- it certainly appears.   Thanks.

Apr 24, 2013 04:27 PM
Scott Larson
BHHS/Utah Properties - Park City, UT
Park City, Utah Real Estate News

Congrats on that sale Michael, sounds like your buyers hired the right Realtor for that job.

Apr 25, 2013 09:55 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Scott - thanks very much - very nice of you to say.

Apr 25, 2013 01:36 PM
Morgan Evans
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

Competing against nine other buyers!! That is not a fun experience, congratulations on your buyer purchasing this unit!

Apr 25, 2013 11:52 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Morgan - it's not uncommon for multiple offers in our current market -- often times, many more than ten offers.  My client was fortunate to be the winning offer on this investment property in a desirable location.   Thanks.   

Apr 26, 2013 12:20 AM