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10-unit Single-Story Near Old Pasadena
Pasadena, CA Villa Parke

$4,150,000 USD

Multifamily For Sale  •  8,458 SF

2 Properties View all

Property Details

• Property Type Multifamily

67 Transit Score

80 Walk Score

Highlights

Highly Desirable Single Story 10-units near Old Town Pasadena, Very Attractive Return w/ 5.25% Current CAP Rate, Excellent Location, Large lot size

Rare single-story apartments with very attractive CAP Rate; Very Attractive Return w/ 5.25% Current CAP Rate

Excellent location near California Institute of Technology, Pasadena City College, and minutes away from Pasadena Playhouse and Old Town Pasadena

SUPERB demographics with ±$112,926 average household income within a 1-mile radius

Turnkey apartment (All except 1 unit upgraded) – Upgrades completed in 2022-2024, perfect for a 1031 exchange buyer, or a savvy investor

Excellent amenities: gated parking, secured entrance, electronic RFI unit locks, fully upgraded unit, private patio in some unit

Property Flyers

attachment - 2025-09-04T114446.084

Public Transportation

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	13 min	0.7 mi
Lake Avenue Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	16 min	0.8 mi
Airport	Drive	Walk	Distance
Bob Hope	23 min	-	16.7 mi
Los Angeles International	41 min	-	25.5 mi
Long Beach (Daugherty Field)	43 min	-	26.7 mi