Asking Price: $1,950,000

Welcome to RIO GRANDE Apartments, a unique and attractive investment opportunity in a prime Pasadena location. This well-maintained building features four identical units, each offering 2 bedrooms, 1 bathroom, and a generous 832 sq. ft. of living space. The units are equipped with solid wood front doors, modern kitchen cabinets, tile countertops, laminate flooring, double-pane windows, and three mini-split AC units. Notably, recent upgrades include two new water heaters installed in 2018 and a complete renovation of one unit in 2019. The downstairs units boast private backyards with gardens and new wooden fences, while the upstairs units feature private balconies. Each unit provides one garage parking space and one tandem parking spot. Located conveniently close to bus stops, grocery stores, restaurants, shops, and the Rose Bowl, with easy access to Old Town, downtown LA, and various Pasadena sports venues, the RIO GRANDE Apartments represent a highly sought-after rental property in the market.