Sold
Rancho Mirage, CA
40315 Cholla Lane
Ending Price
$16,000,000
Nestled in East Pasadena on a tree-lined street, just a short drive from esteemed institutions like CalTech, Fuller Seminary and Pasadena City College, discover this well maintained fourplex offering an exceptional investment opportunity. Each unit within this charming complex boasts 3 bedrooms and 2 bathrooms, featuring a spacious primary suite and the convenience of stackable washer/dryer in each unit. The property has some upgrades, which includes laminate flooring, granite countertops, new vanities, and stylishly retiled showers, ensuring a modern and comfortable living experience for residents. Adding to the allure, lower units offer private patios, while upper units share a spacious patio showcasing lovely mountain views, perfect for unwinding. Parking is a breeze with 6 assigned spaces in the rear, including a covered carport equipped with storage units above. Two units will be delivered vacant at close of escrow, allowing for flexibility in occupancy or further customization. Don't miss this rare opportunity to own a low-maintenance property in a desirable location, offering both steady rental income and the potential for future appreciation. Join us at the auction and seize your slice of Pasadena's vibrant real estate market!