Apartments For Sale • 4,774 SF
| Highly Desirable Single Story 10-units near Old Town Pasadena, Very Attractive Return w/ 5.25% Current CAP Rate, Excellent Location, Large lot size, S |
| Excellent location near California Institute of Technology, Pasadena City College, and minutes away from Pasadena Playhouse and Old Town Pasadena |
| 5.35% ACTUAL CAP Rate with 6.30% Proforma CAP Rate |
| Upgrades completed in 2022-2024, perfect for a 1031 exchange buyer, or a savvy investor |
| Great location with Walk Score 91, Bike Score 86 |
| Large lot size with R3 zoning, Open space parking (no parking retrofit required) |
| 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)) | 3 min | 13 min | 0.7 mi |
| Lake Avenue Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 15 min | 0.8 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 24 min | - | 16.7 mi |
| Long Beach (Daugherty Field) | 43 min | - | 27.9 mi |
| Los Angeles International | 42 min | - | 29.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 20 |
| Type: | Surface |
| Included in Rent: | Yes |