9 am to 6 pm

Monday to Friday

790 Ferrari Ln

Ontario, CA 91764

1 909 294 2593

kris@theapartmentdealer.com

Price Range: From to

Compare Listings

4 Units in Pasadena

26 Virginia Ave, Pasadena, CA 91107, USA
$1,295,000$323,750/Per Unit

Description

We are pleased to offer for sale this 4 unit investment property in the highly valuable rental community of Pasadena. Located just south of Colorado Blvd between Sierra Madre Blvd and San Gabriel Blvd, the subject property is in a strongly sought after investment area and a dense rental market. The property consists of 1(2Bed/1Bath) single-story Detached Cottage, and 3 (1Bed/1Bath) units located in a single-story Tri-Plex. The property offers private garden walkways, onsite garage parking (3 stalls) and is separately metered for electricity & gas. The current owner re-roofed the tri-plex structure within the last two years and has maintained the rest of the property very well. Given the ever-increasing rental rates in the Pasadena area, a new investor can take advantage of a significant upside in rental income once the property has been repositioned with market rents.

  • Address: 26 Virginia Ave
  • City: Pasadena
  • State/county: California
  • Zip/Postal Code: 91107
  • Country: United States

Detail

Updated on May 14, 2018 at 11:04 am

  • Price: $1,295,000
  • Property Size: 2336 SqFt
  • Land Area: 7498 SqFt
  • Year Built: 1941
  • Property Type: Multi Family
  • Property Status: Just Sold, Sold

Additional details

  • # of Units: 4
  • Unit Mix: 1 (2+1 SFR), 3 (1+1)
  • Zoning: PSR3
  • Cap Rate: 3.88%
  • GRM: 17.65

WalkScore

walkscore82 / Very Walkable more details here

Contact info

Kristopher German
Kristopher German
(909) 294-2593(909) 645-0443

Inquire about this property

Do You Own Multi-Family Properties?
NoYes

Are You an Agent?
NoYes

15585

BE SURE WE HAVE YOUR EMAIL

Get All of Our Latest Listings and Educational Emails

15856