$2,150,000
bedrooms
9
bathrooms
0
square feet
4,275
Acreage
0.2757
Open Houses
-
year built
1958
Full Baths
0
Half Baths
0
Looking for an investment with exceptional growth potential? This 6-unit apartment building in sought-after Pasadena offers an incredible opportunity to enhance your returns. Located in a prime area with a robust rental market, the property features under-market rents, providing approximately 30% upside potential. With light renovations, you can increase rents and boost property value. Additionally, the property allows for the addition of three ADUstwo detached and one partially attached to an existing structureoffering even more income potential. Pasadena's strong job market ensures a reliable tenant base, while the CAP rate will vary depending on the final property tax assessment. Don't miss this chance to invest in a high-demand location with room for significant value growth.
Location | |
Subdivision | - |
County | Los Angeles |
Elementary School | - |
Middle School | - |
High School | - |
Exact location data not provided
Open houses
None scheduled.
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Last update: Wednesday, January 1 2025 at 3:05 a.m. EST
Kotohomes National
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