About 2696 Fair Oaks Ave
Zoning is Commercial / "Mixed Use". Front of building is zoned for retail but has been used as 3 bedroom | 1 bath rental. Rear of property with access from alley has 2 rental units available; both 1 bed | 1 bath. 3 unique units perfect for an investor looking to expand their portfolio. Its strategic location ensures convenient access to amenities, schools, and transportation, promising high rental demand. Easy Access to the 2 back units from the alley behind the property.
Features of 2696 Fair Oaks Ave
| MLS® # | AR24064803MR |
|---|---|
| Price | $745,000 |
| Units | 3 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Square Footage | 1,600 |
| Acres | 0.07 |
| Year Built | 1947 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 2696 Fair Oaks Ave |
|---|---|
| Area | Altadena |
| City | ALTADENA |
| County | Los Angeles |
| State | CA |
| Zip Code | 91001 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | None |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 1 |
| Has Basement | No |
Additional Information
| Date Listed | April 8th, 2024 |
|---|---|
| Days on Market | 28 |
| Zoning | LCC3YY |
| Foreclosure | No |
| RE / Bank Owned | No |
| Actual Annual Gross Rent | $5,500 |
| Net Operating Income | $5,000 |
Unit 1 Details
| Beds | 3 |
|---|---|
| Baths | 1.00 |
| Rent | $2,500 |
Unit 2 Details
| Beds | 1 |
|---|---|
| Baths | 1.00 |
| Rent | $1,295 |
Unit 3 Details
| Beds | 1 |
|---|---|
| Baths | 1.00 |
| Rent | $1,300 |
Listing Details
| Agent | Robert Farrell (02094770) |
|---|---|
| Office | Coldwell Banker Realty |