52 N Berkeley Ave - Apartments FOR SALE


Pasadena, CA 91107
$1,250,000 USD
626-818-0980
52 N Berkeley Ave, Pasadena, CA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/39
null | 4.21% Cap Rate

52 N Berkeley Ave
Pasadena, CA 91107


HIGHLIGHTS

  • Upside on rent
  • Potential for junior ADU in current building envelope

OVERVIEW

Three units in desirable location. Near public transportation, metro station, shopping and eateries. The front building is a 2 story duplex. #52 is downstairs and it is vacant. Both # 52 and # 54 have dual paned windows and newer floor coverings. # 56 is in a separate structure above the three car garage. Exterior stairway, garage doors and roof were replaced in 2021. Exterior was painted in 2021. There is a storage space and laundry hook ups in laundry room. The laundry room and storage spaces combined could be an ideal junior ADU. No appliances are there now. Roof is newer Tenants pay for gas, electric and trash services.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$562 USD /SF

# OF UNITS

3

PRICE/UNIT

$416,667

CAP RATE

4.21%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

52-56 North Berkeley

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,788 SF

ZONING

PSR3

APN/PARCEL ID

5746-014-044

ASK ABOUT THIS PROPERTY

Enrique LizarazuDPP | CompassMore Info
626-818-0980

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Enrique LizarazuDPP | CompassMore Info
626-818-0980

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