1562 N Lake Ave - Apartments FOR SALE


Pasadena, CA 91104- Lexington Heights
$1,699,000 USD
626-888-2995
1562 N Lake Ave, Pasadena, CA for Sale
$1,699,000 USD
Apartments - FOR SALE
1/36
null | 4.91% Cap Rate

1562 N Lake Ave
Pasadena, CA 91104
Lexington Heights


HIGHLIGHTS

  • 4-Unit Multifamily (Qualifies for Residential Financing).
  • Great mix of 2 Bedroom and 1 Bedroom Units!
  • Each Unit has their own Covered Carport Parking.

OVERVIEW

Rare 4-Unit Multifamily property in North Pasadena (this property qualifies for residential financing). Ideal mix of 2 x (2B+2B), 1 x (2B+1B), 1x (1B+1B). Building Size is 3,793 SF situated on large 11,936 SF lot . Each unit has their own covered carport parking. All units are currently occupied and all tenants are current on rents. Recent upgrades have been done on the property (List of upgrades can be emailed over).

FOR SALE DETAILS

PRICE

$1,699,000 USD

PRICE/SF

$448 USD /SF

# OF UNITS

4

PRICE/UNIT

$424,750

CAP RATE

4.91%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1907

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,936 SF

ZONING

Co SP-1a LD-16

APN/PARCEL ID

5848-033-007

ASK ABOUT THIS PROPERTY

Donald LaATLAS GROUP - EXP REALTYMore Info
626-888-2995

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Donald LaATLAS GROUP - EXP REALTYMore Info
626-888-2995

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