Listed at a 6.69% CAP rate and 9.59 GRM. Located in a historic area, surrounded by gracious majestic trees and mature greenery, this gated, unique investment opportunity provides a turn-key operation. There are 19 bachelor units plus a 2 bed/2 bath house + office. The bachelor units have a freestanding sink, refrigerator, electric stovetop, new mini-split AC units, and a full bathroom. There are new heating / air conditioning units in each apartment. Each unit features OVERVIEW a convenient, walk-in closet.
The consummate Pasadena home in a magical garden setting. Holding a prime corner in the Orange Heights Historic District, this Craftsman circa 1911 combines heritage charm, thoughtful renovation and a litany of improved systems. From the covered front porch enter the spacious interior, filled with sunshine and richly appointed with wood flooring, period-style windows and a gorgeous built-in buffet. Tasteful updates fulfill modern life's necessities including the generous kitchen featuring custom cabinetry, stainless appliances and a wine fridge. Four bedrooms can accommodate family, visitors, work-from-home, and there's a garage + basement for vehicle and gear storage. The drought-tolerant
A diamond in the rough nestled adjacent to the charming neighborhood of Bungalow Heaven, and just moments away from the iconic Rose Bowl and the vibrant atmosphere of Old Town, lies this expansive Mid-Century building comprising four units, totaling 4,987 square feet on a generous 7,741 square foot lot. The property is being sold as-is Each unit boasts spacious interiors and dedicated parking spaces. One unit will be available for occupancy upon close of escrow. Centrally located, this four-unit property offers stability for any type of investor, whether a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.
We are pleased to present the Los Robles & Douglas Portfolio, a 16-unit apartment community spanned across three connected parcels and 1.3 acres in Pasadena, CA. The properties feature a diverse unit mix of Studios, 1, 2, and 3-bedroom units, garage parking, lush landscaping, and upgraded craftsman-style units. The buildings on Los Robles Ave. may qualify for the Mills Act as they are listed in the National Register of Historical Places. This can significantly reduce property taxes for an investor, thus increasing net operating income (NOI). There is also a tremendous opportunity to convert the units into condos, build additional units, and add ADUs on this vast piece of land, making