1677 N Lake Ave - Apartments FOR SALE


Pasadena, CA 91104- Normandie Heights
$2,975,000 USD
626-695-6588
1677 N Lake Ave, Pasadena, CA for Sale
$2,975,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

1677 N Lake Ave
Pasadena, CA 91104
Normandie Heights


HIGHLIGHTS

  • Two-story, 12-unit multifamily property located on North Lake Avenue, a major corridor connecting Pasadena and Altadena.
  • Built in 1959, the property includes covered surface parking for 12 vehicles and an on-site laundry facility for tenant convenience.
  • Positioned in a walkable neighborhood with access to eateries, financial services, and retail establishments along Lake Avenue.
  • Close proximity to public transportation and major Pasadena attractions, enhancing connectivity and tenant appeal

OVERVIEW

Located on North Lake Avenue, the major north/south corridor from Pasadena to Altadena providing a variety of eateries, financial services, transportation, personal service establishments, boutique and major retailers, has this multi-family, twelve unit building much to offer to residents and investors alike. Spacious units, covered surface parking, onsite laundry room, and more.

FOR SALE DETAILS

PRICE

$2,975,000 USD

PRICE/SF

$326 USD /SF

# OF UNITS

12

PRICE/UNIT

$247,917

CAP RATE

Request Cap Rate

% 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

1959

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

PSR1

APN/PARCEL ID

5848-011-008

ASK ABOUT THIS PROPERTY

Gary AhlfeldtM&A Real Estate Services, Inc.More Info
626-695-6588

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Gary AhlfeldtM&A Real Estate Services, Inc.More Info
626-695-6588

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