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638-650 Mar Vista Ave
Pasadena, CA 91106 Catalina Villas

$2,580,000 USD

Apartments Condo For Sale  •  5,230 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,230 SF
  • Lot Size 0.38 AC
  • Building Class C
  • Year Built 1927
  • Zoning PSR3
50 Transit Score
70 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 6 Flex 5,230 SF $2,580,000 USD
  • Unit Size: 5,230 SF
  • Condo Use: Flex
  • Price: $2,580,000 USD
  • Sale Type: Investment
  • Price/SF: $493.31 USD
Description
Bungalow-style six-unit apartment complex offers a great investment opportunity in the heart of Pasadena, California. The location is excellent, providing easy access to all the amenities of Old Town Pasadena. Each unit is a spacious two-bedroom, one-bathroom apartment with two parking spaces. The complex is conveniently located within a mile of the city center, ensuring a steady stream of income from long-term tenants. Most units have been recently updated to meet current standards. This is an ideal long-term investment opportunity for investors looking to generate cash flow.

Sale Notes
Total income is $170,280 per Year

Description

Bungalow-style six-unit apartment complex offers a great investment opportunity in the heart of Pasadena, California. The location is excellent, providing easy access to all the amenities of Old Town Pasadena. Each unit is a spacious two-bedroom, one-bathroom apartment with two parking spaces. The complex is conveniently located within a mile of the city center, ensuring a steady stream of income from long-term tenants. Most units have been recently updated to meet current standards. This is an ideal long-term investment opportunity for investors looking to generate cash flow.

Highlights

Pasadena Income Property

Amenities

  • Air Conditioning
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Crown Molding
  • Hardwood Floors

Public Transportation

Transit/SubwayDriveWalkDistance
Lake Avenue Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 5 min 14 min 0.7 mi
AirportDriveWalkDistance
Bob Hope 26 min - 18.0 mi
Long Beach (Daugherty Field) 45 min - 29.3 mi
Los Angeles International 44 min - 29.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Covered
Included in Rent: Yes
Jenny Ma 626-241-2681 Jenny Ma, Broker
Jenny Ma 626-241-2681 Jenny Ma, Broker