Apartments For Sale • 6,920 SF
| Highly Attractive Yield: 5.65% in-place CAP rate with proven upside potential, offering a rare balance of strong current cash flow and future growth |
| Premier Educational Hub: Exceptionally located just blocks from the California Institute of Technology (Caltech) and Pasadena City College (PCC) |
| SUPERB demographics with ±$125,446 average household income within a 1-mile radius |
| Well maintained two-story garden style apartment with excellent curb appeal, gated entrance and secured parking |
| Eight out of 10 units have been updated: updated kitchen and flooring, One unit is vacant and can be delivered vacant |
| Excellent roof condition, double pane windows throughout, minimum landscaping, low maintenance property and easy to manage, updated exterior paint |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| El Monte (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) | 19 min | - | 10.0 mi |
| Transit/Subway | Drive | Walk | Distance |
| Lake Avenue Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 5 min | 13 min | 0.7 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 25 min | - | 17.9 mi |
| Long Beach (Daugherty Field) | 44 min | - | 28.5 mi |
| Los Angeles International | 42 min | - | 29.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 9 |
| Type: | Covered |
| Included in Rent: | Yes |