157 N Allen Ave - Apartments FOR SALE


Pasadena, CA 91106
$2,500,000 USD
626-622-1211
157 N Allen Ave, Pasadena, CA for Sale
$2,500,000 USD
Apartments - FOR SALE
1/8
null | 4.29% Cap Rate

157 N Allen Ave
Pasadena, CA 91106


HIGHLIGHTS

  • Upside on rents!
  • Prime rental Location
  • Building is desireable and always rented

OVERVIEW

Great opportunity to own a 7 unit buildinng in the Vibrant Mid-central Marceline Neighborhood pf Pasadena ca. Situated only 12 miles northeast of downtown Los Angeles, and just two blocks from Pasadena community College and a short distance from Cal Tech. Ideal location easy access to Metro Goldline station and 210 freeway plus close to many restaraunts, retail shopping and Old town pasadena, the Santa Anita FashionPark Mall, Santa Anita Race Track, Huntington Library & Gardens. Property can be purchased in a portfolio to include a 12 unit in LA & 12 units in Pasadena call for details.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$631 USD /SF

# OF UNITS

7

PRICE/UNIT

$357,143

CAP RATE

4.29%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,797 SF

ZONING

PSR3

APN/PARCEL ID

5737-014-068

ASK ABOUT THIS PROPERTY

Efon ManriquezALB Commercial CapitalMore Info
626-622-1211

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Efon ManriquezALB Commercial CapitalMore Info
626-622-1211

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.