1837 E Colorado Blvd - Apartments FOR SALE
Pasadena, CA 91107 |
1837 E Colorado Blvd
Pasadena, CA 91107
HIGHLIGHTS
- 20 Total Units in Pasadena
- 31 N Parkwood Ave: 8 Units | (1) 3-Bed/2-Bath, (7) 1-Bed/1-Bath
- 1837 E Colorado Blvd: 12 Units | (12) 1-Bed/1-Bath (All Remodeled)
- Strong In-Place Income – 6.01% CAP | 10.88 GRM
- Great Potential for Upside – 8.19% Market CAP | 8.74 Market GRM
- Low Cost Per Unit: $255K/Unit. Prime Pasadena Location Near PCC, Caltech, Retail, and Transit
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
20 Units | 2 Joining Properties Sold Together
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
9930
STORIES
2
YEAR BUILT
1958
PARKING SPACES
20
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
5746-017-030,5746-017-092
