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House & single-family home for sale in Pasadena

United States > California > Los Angeles > Pasadena
USD 1,769,000

House & Single-family home (For sale)

lot 11,108 sqft
Reference: EDEN-T100404627 / 100404627
This 5-unit, single-story apartment complex in Pasadena features two-bedroom, one-bathroom units, offering a total interior space of 4,600 square feet on an 11,116 square foot lot. Fully occupied on month-to-month leases, the property has special PSR1 zoning, allowing for institutional use. Current rents yield a 4% cap rate, with potential for a 6.7% market cap rate. The front unit includes a two-car garage, while the remaining units have attached covered carports. Each unit is equipped with separate electricity and gas meters. The property also benefits from its prime location near the Rose Bowl, Old Town Pasadena, freeways, public transportation, and schools. Drive-by only--please do not disturb tenants or enter the property. View more View less Ce complexe d’appartements de 5 unités de plain-pied à Pasadena comprend des unités de deux chambres et une salle de bain, offrant un espace intérieur total de 4 600 pieds carrés sur un terrain de 11 116 pieds carrés. Entièrement occupée sur des baux au mois, la propriété a un zonage spécial PSR1, permettant une utilisation institutionnelle. Les loyers actuels rapportent un taux de capitalisation de 4 %, avec un potentiel de capitalisation boursière de 6,7 %. L’unité avant comprend un garage pour deux voitures, tandis que les unités restantes ont des abris d’auto couverts attenants. Chaque unité est équipée de compteurs d’électricité et de gaz séparés. La propriété bénéficie également de son emplacement privilégié à proximité du Rose Bowl, de la vieille ville de Pasadena, des autoroutes, des transports en commun et des écoles. En voiture uniquement - veuillez ne pas déranger les locataires ou entrer dans la propriété. This 5-unit, single-story apartment complex in Pasadena features two-bedroom, one-bathroom units, offering a total interior space of 4,600 square feet on an 11,116 square foot lot. Fully occupied on month-to-month leases, the property has special PSR1 zoning, allowing for institutional use. Current rents yield a 4% cap rate, with potential for a 6.7% market cap rate. The front unit includes a two-car garage, while the remaining units have attached covered carports. Each unit is equipped with separate electricity and gas meters. The property also benefits from its prime location near the Rose Bowl, Old Town Pasadena, freeways, public transportation, and schools. Drive-by only--please do not disturb tenants or enter the property.
Reference: EDEN-T100404627
Country: US
City: Pasadena
Postal code: 91103
Category: Residential
Listing type: For sale
Property type: House & Single-family home
Lot size: 11,108 sqft
Rooms: 1

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