765 E California Blvd - Apartments FOR SALE


Pasadena, CA 91106- Playhouse Village
$3,250,000 USD
626-232-7819
765 E California Blvd, Pasadena, CA for Sale
$3,250,000 USD
Apartments - FOR SALE
1/14
null | 3.1% Cap Rate

765 E California Blvd
Pasadena, CA 91106
Playhouse Village


HIGHLIGHTS

  • Large Lot w/Redevelopment Possibility
  • Income Under Market Value
  • Highly Desirable Neighborhood

OVERVIEW

Location, Location, Location. A rare opportunity to own a four unit building with a large lot in the heart of Pasadena with easy access to South Lake Shopping District, Old Town with a plethora of dining and shopping options, Cal Tech, PCC, and public transportation. Each unit consists of 2 bedroom/ 1 bath, living room, dining room and laundry area. All units come with central air and heat. A beautiful grassy backyard leads to a covered carport with individual storage units with additional parking. This building has the potential to be eligible for The Mills Act. Buyer to verify with city.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$525 USD /SF

# OF UNITS

4

PRICE/UNIT

$812,500

CAP RATE

3.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,823 SF

ZONING

PSR1

APN/PARCEL ID

5734-029-004

ASK ABOUT THIS PROPERTY

Lana Ng SandayCal Assets & Associates IncMore Info
626-232-7819

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Lana Ng SandayCal Assets & Associates IncMore Info
626-232-7819

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