467 S El Molino Ave - Apartments FOR SALE


Pasadena, CA 91101- Playhouse Village
$2,495,000 USD
818-426-6639
467 S El Molino Ave, Pasadena, CA for Sale
$2,495,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

467 S El Molino Ave
Pasadena, CA 91101
Playhouse Village


HIGHLIGHTS

  • Prime Pasadena Location
  • 12k+ lot
  • Medium High Density Zoning - CD RM 32

OVERVIEW

Rare opportunity for both investors and developers to acquire this Prime location 6-unit property, with over a 12,000 sqft lot, in the heart of Pasadena. 2 short blocks from S. Lake Ave where shopping and restaurants are plentiful. Very close proximity to Old Town Pasadena, Cal Tech, Pasadena Convention Center and all freeways. Property has a medium-high density zoning CD-RM-32.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$623 USD /SF

# OF UNITS

6

PRICE/UNIT

$415,833

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

1946

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,111 SF

ZONING

R3

APN/PARCEL ID

5734-018-005

ASK ABOUT THIS PROPERTY

Darius MajlessiSotheby's International RealtyMore Info
818-426-6639

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Darius MajlessiSotheby's International RealtyMore Info
818-426-6639

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