91106 Homes with Apartment Subtype

91106 Homes with Apartment Subtype

Welcome to the vibrant zip code 91106! Located in the beautiful city of Pasadena, in the county of Los Angeles, California, this area is known for its diverse community, stunning architecture, and convenient amenities.

One of the notable features of the homes in this zip code is the presence of apartments. If you're looking for a property with an apartment subtype, you're in luck! 91106 offers a wide range of homes that fit this description.

Whether you're a first-time homebuyer, a young professional, or a family looking for a spacious living arrangement, the homes with apartment subtypes in 91106 can cater to your needs. These properties often provide a unique blend of privacy and community, with the convenience of having multiple units under one roof.

Living in a home with an apartment subtype offers numerous benefits. You may have the option to rent out the additional units for extra income, accommodate extended family members, or create a separate space for guests or home offices. Additionally, these homes often boast a variety of amenities such as shared laundry facilities, parking spaces, or even communal outdoor areas.

With its prime location in Pasadena, 91106 provides easy access to a plethora of dining, shopping, and entertainment options. From trendy boutiques and local eateries to cultural landmarks and recreational parks, there's always something to explore in this vibrant community.

If you're searching for a home in 91106 that offers the convenience and versatility of an apartment subtype, you'll find a variety of options to suit your preferences and budget. Don't miss the opportunity to experience the unique charm and amenities this area has to offer.

Newest 91106 Homes with Apartment Subtype

$2,758,000
AR26196810 MLS Active Status
Extremely Rare 7-unit on Master Net Lease Structure – MINIMUM Landlord Responsibility, Prime Location several blocks from CALTECH and PCC, HIGH 7.13% In-place CAP Rate, Major Systems Completely Upgraded, RM-48 Zone, Approved Plan for 1 ADU is included. 146-154 N Holliston Ave, an impeccably maintained 7-unit multifamily community located in the highly desirable central Pasadena market. Strategically situated just blocks from CALTECH and Pasadena City College, this property represents a premier passive income vehicle. The asset is securely master leased to The Gooden Center (a well-known healthcare operator – has been in the business for ±50-year in the area) under a Single Tenant Net Lease structure, shielding the owner from standard operational headaches. Because the tenant is responsible for insurance, all utilities and almost all maintenance (up to the first $3,000), landlord management responsibilities are kept to an absolute minimum. Coupled with an in-place CAP rate of 7.13%, this offering provides highly attractive positive leverage and outstanding yield for a Class-A location in the West San Gabriel Valley. The property is situated in a quiet residential area and offers a high Walk Score of 92 and Bike Score of 88. It is situated in a highly affluent area with an average household income of ±$141,687 within a 1-mile radius. It offers many amenities in the area including Lake Ave District and Old Town Pasadena and flurries of restaurants along Colorado Blvd. Built in 1922, the ±5,443 SF property rests on a spacious ±12,313 SF RM-48 zoned lot. It offers a highly desirable layout with 4 single story bungalows and a triplex in the back. It has walkway on its right side complete with community garden and covered seating and barbeque area. It offers excellent unit mix with one (1) x 2bed+1bath bungalow, three (3) x 1bed+1bath bungalows, two (2) x 2bed+1bath (back triplex), and one (1) x 1bed+1bath (back triplex). The sale comes with an approved plan for 1 ADU. The master tenant expertly utilizes the diverse layout—consisting of four single-story bungalows and a rear triplex—for offices, meeting spaces, and consultation rooms. The property has benefited from massive capital improvements, allowing a new investor to step into a stabilized, low-maintenance asset immediately. The front bungalow has central HVAC unit, and the other 3 bungalows have mini split HVAC. The back triplex has central HVAC.

146 N Holliston, Pasadena

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.