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Apartments For Sale • 5,400 SF
| Two nine-unit multifamily buildings built in 1950 & 1952 |
| Highly desirable Pasadena location- walking distance to South Lake Avenue |
| Two contiguous parcels totaling over half an acre of land |
| 1 parking space per unit |
| Diverse Unit Mix: (11) Studios, (4) One Bedroom/One Bath, (3) Two Bedroom/One Bath |
| Strong rental demand fueled by its proximity to Caltech and Pasadena City College |
| Cap Rate: | 4.80 % |
| Total Expenses: | $138,905 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| El Monte (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) | 19 min | - | 9.7 mi |
| Transit/Subway | Drive | Walk | Distance |
| Lake Avenue Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 5 min | 20 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 25 min | - | 17.7 mi |
| Los Angeles International | 41 min | - | 25.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 7 |
| Type: | Surface |
| Included in Rent: | Yes |
Jeff Louks
Marcus & Millichap
Jeff Louks
Marcus & Millichap
