Description
Located in a highly desirable Pasadena location is this remodeled 24-unit apartment building. This building is fully occupied with an impressive rent roll generating high income. Attractive assumable financing at 3.3% available as well! Building has recently been remodeled with high quality finishes in all units, proven to be very desirable to potential tenants. Units are rarely available and any vacancy creates tremendous interest and leases quickly at ever increasing rental rates! All units are two bedrooms with modern open floor plans, quartz countertops, stainless steel appliances, wood-like flooring throughout, and include in-unit washer and dryers. The building has secured access with gated parking and 24 parking spaces. Soft story retrofit has already been completed in addition to almost all the roofs being new. Just minutes to all the restaurants, shopping and attractions of Old Town Pasadena. An all around exceptional opportunity for a savvy investor in a prime location!
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48BEDS
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0.58ACRES
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0BATHS
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01/2 BATHS
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19,002SQFT
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$631$/SQFT
School Ratings & Info
Description
Located in a highly desirable Pasadena location is this remodeled 24-unit apartment building. This building is fully occupied with an impressive rent roll generating high income. Attractive assumable financing at 3.3% available as well! Building has recently been remodeled with high quality finishes in all units, proven to be very desirable to potential tenants. Units are rarely available and any vacancy creates tremendous interest and leases quickly at ever increasing rental rates! All units are two bedrooms with modern open floor plans, quartz countertops, stainless steel appliances, wood-like flooring throughout, and include in-unit washer and dryers. The building has secured access with gated parking and 24 parking spaces. Soft story retrofit has already been completed in addition to almost all the roofs being new. Just minutes to all the restaurants, shopping and attractions of Old Town Pasadena. An all around exceptional opportunity for a savvy investor in a prime location!
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-29T18:37:03.64. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.