Multi Family homes for sale & real estate in La Pintoresca Park, CA

Multi Family Home for sale in La Pintoresca Park, CA:

This 6-unit Value-add apartment offering provides a whopping ±6.77% CAP Rate and ±7.95% Proforma CAP Rate translates to over 9% cash-on-cash return (buyer to verify), which is currently one of the highest CAP Rate for apartments in Pasadena submarket. The property is a two-story apartment with charming colonial revival architecture. It was built in 1892; it has a large building size of ±3,608 SF and is situated on a ±8,410 SF lot. It offers a desirable unit mix of two (2) x 2bed+1bath, and Four (4) x Studio units. Five (5) units have been upgraded with brand new flooring throughout, LED lighting, updated bathroom, 4 units have brand new kitchen with quartz counte

Multi Family Home for sale in La Pintoresca Park, CA:

5% Cap Current Rents with this multifamily investment opportunity with significant UPSIDE! With a large lot of about 38,240 square feet there is great potential for ADU possibilities. With mostly ideal single-story floor plans offering a unit mix of One 3Bed+2bath, Three 2Bed+2bath and 16 spacious 1Bed+1bath units. Each unit is equipped with wall-mounted air conditioning and heating, a mix of tile and carpet flooring, and expansive kitchens with gas oven/stove combinations. The property is well-maintained, showcasing an open grass courtyard, mature landscaping, an on-site laundry facility, and ample off-street parking, including carport options. This bread and butter apartment property is

Multi Family Home for sale in La Pintoresca Park, CA:

Stunning New Construction in North Pasadena Built in 2022, this impressive property features two spacious units on an expansive 15,268-square-foot flat lot. Located on a picturesque street in north Pasadena, just moments from Orange Grove, Old Town, La Pintoresca Park, Robinson Park, Brenner Park, and Washington Park, these units boast identical floor plans. Each unit encompasses 2,519 square feet and includes 4 bedrooms and 5 bathrooms, along with a 694-square-foot three-car garage and a 247-square-foot porch. Large windows throughout ensure abundant natural light, making these homes ideal for entertaining, complete with high-end appliances. Unit Features: Downstairs: Each unit featu

Multi Family Home for sale in La Pintoresca Park, CA:

Welcome to RIO GRANDE Apartments, a unique and attractive investment opportunity in a prime Pasadena location. This well-maintained building features four identical units, each offering 2 bedrooms, 1 bathroom, and a generous 832 sq. ft. of living space. The units are equipped with solid wood front doors, modern kitchen cabinets, tile countertops, laminate flooring, double-pane windows, and three mini-split AC units. Notably, recent upgrades include two new water heaters installed in 2018 and a complete renovation of one unit in 2019. The downstairs units boast private backyards with gardens and new wooden fences, while the upstairs units feature private balconies. Each unit provides one gar