380 S Sierra Madre Blvd - Apartments FOR SALE
Pasadena, CA 91107 |
380 S Sierra Madre Blvd
Pasadena, CA 91107
HIGHLIGHTS
- Excellent location South of Colorado Blvd location in Pasadena, near The Huntington Library in San Marino, and just minutes away from CALTECH, and P
- Located 2 blocks from San Marino; Excellent demographics with ±$162,560 average household income within a 1-mile radius
- Excellent Assumable Loan at 3.84% fixed until 2027 and Interest Only until 2025
- Very Well-Maintained Pride-of-Ownership Value-add apartment; Possibility to add 3 ADUs (buyer to verify)
- Large Lot: 11,130SF High Density (R4) Lot; Overparked building with 26 spaces (12 are tandem); Potential ADU upside (buyer to verify)
- Recent capital improvements completed: NEW exterior paint in 2021, security cameras in common area, double pane windows, updated electrical (buyer t
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
13-unit Value-add 2 blocks from San Marino
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
6534
STORIES
2
YEAR BUILT
1951
PARKING SPACES
26
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
5330-002-014
