482 S Arroyo 410

About This Property

Turnkey Pasadena investment with immediate $2,810/month rental income and a secure lease in place through 2027.Welcome to this beautifully maintained luxury condo located in one of Pasadena's most desirable areas. This inviting residence offers a functional layout. This charming 1 bedroom 1 bathroom home features a bright sun filled living room and open floor kitchen with premium natural quartz countertops, stainless steel appliances, recessed lights, movable kitchen island and ample cabinetry. Enjoy two private balconies with glass railings, Perfect for indoor & outdoor living. The primary bedroom includes a walk-in closet, and the bathroom offers an oversized soaking bathtub. One assigned parking space (#2). No guest parking. The unit is currently leased to a long term tenant since February 2022 with a proven history of consistent, on time rent payments. The existing lease will remain in effect and rental income will transfer to the new owner at the close of escrow, making this a seamless income producing investment. Ideally situated near Whole Foods, Trader Joe's, Arroyo Chop House as well as shopping, dining and major commuter routes, this property offers both convenience and long term value. Some images are from a previous listings and were taken prior to 2022, they may not reflect the current condition of the property. The furniture and decor shown are not included and are for illustrative purposes only.

Neighborhood

This property is located in Pasadena. Want to learn more about the area?

Listing courtesy of Coldwell Banker Realty

Listing data from CRMLS. Deemed reliable but not guaranteed.