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MLS® ID: SB19168024

334 Pasadena Avenue

South Pasadena, California, 91030

$1,940,000 Active
  • - SQFT
Five units in prime South Pasadena location! 334 Pasadena Avenue is comprised of one 2BD/1BA unit and four 1BD/1BA units, all separately metered for electric and water. The property currently operates at a 24.29 GRM and 2% cap rate and boasts a 70% upside in rents and chance to add additional income from laundry room, storage and parking allowing the building to operate at a GRM of 13.85 and pro forma cap rate of 4.9%. Built in 1961, the property has been well maintained with no deferred maintenance. Great location! Walking distance to Metro stop, close to Arroyo Vista Elementary School and Arroyo Seco Raquet Club. Please email for complete offering package.
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Listing courtesy of Buckingham Investments, Inc

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    91030
  • Office name
    Buckingham Investments, Inc
  • SQFT
    0
  • Bedrooms
    0
  • Zoning type
    SPR310000*
  • Year built
    1961
  • Lot size
    8031.00
  • Sewer
    Public Sewer
  • Tax year
    0
  • Agent name
    John Alden
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    $1.75m-$2m
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    SB1301700
  • Agent ID
    sbaldejoh

Location

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