Apartments For Sale • 3,684 SF
| Prime 15-units near Old Town Pasadena, High CAP Rate, 2 Separate Lots, Large lot size, most units Fully Upgraded, Buyer Can Build Additional 5 units |
| 5.35% ACTUAL CAP Rate with 6.30% Proforma CAP Rate |
| Excellent curb appeal, very well maintained; Large lot size, Open space parking |
| Excellent amenities: gated parking, secured entrance, electronic RFI unit locks, fully upgraded unit |
| Turnkey and upgraded apartment completed in 2022-2024, perfect for a 1031 exchange buyer, first time apartment buyer, or owner-user |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 13 min | - | 9.2 mi |
| Transit/Subway | Drive | Walk | Distance |
| Memorial Park Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 12 min | 0.6 mi |
| Lake Avenue Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 15 min | 0.7 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 23 min | - | 16.7 mi |
| Long Beach (Daugherty Field) | 43 min | - | 27.9 mi |
| Los Angeles International | 41 min | - | 29.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 20 |
| Type: | Surface |
| Included in Rent: | Yes |