Assumable financing @ 3. 15% interest! 4. 84% cap on current rents with value add rental upside! Full copper plumbing, fully updated new electrical system, tankless water hearters, some units remodeled with w/d inside, two new construction adu units complete and rent ready (easy to show). We are pleased to present this 9 unit property in one of the best rental areas of pasadena. The playhouse village area boasts as a walker's paradise with its close proximity to restaurants, retail and s. Lake ave. The original property consists of four 1 bed + 1 bath units and three studio + 1 bath units. The 2 new adus are one 2 bed + 1 bath and one studio + 1 bath units and not subject to pasadena city rent control laws. Given the location and style these apartments have a very strong history of renting quickly and at top rents. There is on site parking for tenants. No soft story retrofit needed. Separately metered for electricity and gas and each unit has their own water heater. This can be purchase separately or together with the next door, 6 unit property at 142 s. El molino ave. , mls # 24 413263. A rare offering for one or two properties that have been well updated and meticulously managed by the ownership. Please do not disturb the tenants.