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820 N Raymond Ave
Pasadena, CA 91103 Villa Parke

$14,500,000 USD

Apartments For Sale  •  40,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 40,000 SF
  • Lot Size 1.18 AC
  • Building Class C
  • Year Built 1964
  • Zoning RM32, Pasadena
56 Transit Score
86 Walk Score

Highlights

50-unit Value-add near Rose Bowl Pasadena, 2.9% Assumable Loan, Long-time Owner since 2007, New Roofs – Soft Story Retrofit Completed - ±31 units have
50-units Well-maintained Value-add building near Rose Bowl Area and Old Town Pasadena (±1mile)
Very attractive garden style apartment with excellent curb appeal
±31% Rental upside potential, Long-time owner since 2007
Parking Soft Story retrofit completed, Brand new roofs, ±31 units have been updated
Large lot size of 51,227 SF/±1.18ACRE, Garage parking prime for ADUs upside conversions

Property Flyers

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Cable Ready
  • Controlled Access
  • Disposal
  • Laundry Facilities
  • Pool
  • Tenant Controlled HVAC
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Range
  • Tub/Shower
  • Dining Room
  • Vinyl Flooring
  • Walk-Up

Public Transportation

Commuter RailDriveWalkDistance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 13 min - 9.3 mi
AirportDriveWalkDistance
Bob Hope 23 min - 16.8 mi
Los Angeles International 41 min - 25.4 mi
Long Beach (Daugherty Field) 43 min - 26.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 52
Type: Covered
Included in Rent: Yes
Han Widjaja-Chen 626-594-4900 Growth Investment Group California
Han Widjaja-Chen 626-594-4900 Growth Investment Group California