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276 S Sierra Madre Blvd
Pasadena, CA 91107

$5,875,000 USD

Apartments For Sale • 8,884 SF

Property Details

Property Type Apartments
Total Building Size 8,884 SF
Lot Size 0.35 AC
Building Class C
Year Built 1956
Cap Rate 5.50 %
Zoning RM-16, Pasadena

42 Transit Score

78 Walk Score

                
                    Highlights
                
                                TURN-KEY PROPERTY!
                            
                                UPDATED INTERIORS, ELECTRICAL, PLUMBING, WINDOWS, ROOF, LANDSCAPING
                            
                                GATED SECURED ON-SITE PARKING

Financial Summary (Actual)

Net Operating Income: $322,963 USD (2024)

Cap Rate:	5.50 %
Total Expenses:	$149,621 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
276 S Sierra Madre
Patrick Mulcahy

Amenities

Air Conditioning
Dishwasher
Disposal
Laundry Facilities
Microwave
Gated
Ceiling Fans
Crown Molding
Granite Countertops
Hardwood Floors
Refrigerator
Oven
Stainless Steel Appliances
Range
Double Pane Windows
Smoke Free
Vinyl Flooring

Public Transportation

Commuter Rail	Drive	Walk	Distance
El Monte (San Bernardino Line - Southern California Regional Rail Authority (Metrolink))	17 min	-	7.8 mi
Airport	Drive	Walk	Distance
Bob Hope	29 min	-	20.2 mi
Long Beach (Daugherty Field)	43 min	-	28.2 mi
Los Angeles International	46 min	-	31.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	13
Type:	Surface
Included in Rent:	Yes

Alexander Metaxas 626-313-4901 Realty Investment Advisors

276 S Sierra Madre Blvd Pasadena, CA 91107