Back

1 of 55

2 of 55

3 of 55

4 of 55

5 of 55

6 of 55

7 of 55

8 of 55

9 of 55

10 of 55

11 of 55

12 of 55

13 of 55

14 of 55

15 of 55

16 of 55

17 of 55

18 of 55

19 of 55

20 of 55

21 of 55

22 of 55

23 of 55

24 of 55

25 of 55

26 of 55

27 of 55

28 of 55

29 of 55

30 of 55

31 of 55

32 of 55

33 of 55

34 of 55

35 of 55

36 of 55

37 of 55

38 of 55

39 of 55

40 of 55

41 of 55

42 of 55

43 of 55

44 of 55

45 of 55

46 of 55

47 of 55

48 of 55

49 of 55

50 of 55

51 of 55

52 of 55

53 of 55

54 of 55

55 of 55

31 N Parkwood Ave
Pasadena, CA 91107 Lamanda Park

$5,100,000 USD

Apartments For Sale • 9,930 SF

Property Details

Property Type Apartments
Total Building Size 9,930 SF
Lot Size 0.44 AC
Building Class C
Year Built 1958
Zoning RM32 & MU-C

62 Transit Score

90 Walk Score

                
                    Highlights
                
                                Priced at a LOSS for FAST CLOSE (Seller Retiring)! Rare 6.30% CAP 20-Unit Turnkey Portfolio in Prime Central Pasadena 
                            
                                Steps from PCC & Caltech, Fully Upgraded, In-Unit Laundry, Zero Relocation Hassles, Built-In Tenant Demand.
                            
                                Superior demographics: $147,906 avg household income (1-mile radius) supports premium rents and ultra-low vacancy. 
                            
                                Market-Ready Rents: All rents at/near market – NO tenant buyouts or relocation costs to realize full value. 
                            
                                Strategic Location: located in the "Caltech/PCC Corridor"—guaranteeing a perpetual stream of high-quality student and faculty tenants.
                            
                                Operational Efficiency: Two properties (8 units + 12 units) allow for self-management or off-site management, eliminating the expense of a resident

Property Flyers

31 N Parkwood-1837 E Colorado Brochure

Amenities

24 Hour Access
Air Conditioning
Cable Ready
Controlled Access
Dishwasher
Fenced Lot
Washer/Dryer
Washer/Dryer Hookup
Ceiling Fans
Granite Countertops
Hardwood Floors
High Speed Internet Access
Refrigerator
Stainless Steel Appliances
Range
Tub/Shower
Double Pane Windows
Vinyl Flooring
Public Transportation
Walk-Up
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
El Monte (San Bernardino Line - Southern California Regional Rail Authority (Metrolink))	18 min	-	8.9 mi
Transit/Subway	Drive	Walk	Distance
Allen Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	9 min	0.5 mi
Airport	Drive	Walk	Distance
Bob Hope	27 min	-	18.8 mi
Long Beach (Daugherty Field)	44 min	-	28.7 mi
Los Angeles International	44 min	-	30.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	12
Type:	Surface
Included in Rent:	Yes

Han Widjaja-Chen 626-594-4900 Growth Investment Group California

31 N Parkwood Ave Pasadena, CA 91107 Lamanda Park