Do Real Estate on the Go!
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Do Real Estate on the Go!
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Listed by: Han Chen (626) 224-2495 DRE #01749321 | Growth Investment Group Pasade (626) 594-4900
$2,850,000
4 Beds
- 3 Baths
--sqft
425 N Raymond Ave, Pasadena, CA 91103
$2,850,000
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Apartment
Built in 1947
$-- HOA
9,905 sqft lot
--/sqft
Description
RAYMOND SEVEN - 425 N Raymond Ave, a 7-unit Turnkey Garden style apartment investment opportunity located in the highly desirable City of Pasadena, CA. With full renovation recently completed and full occupancy with market rents, this offering provides a highly cash flowing building without doing any work. Offered at a very attractive Close to 6% CAP Rate (buyer to verify), this offering provides an excellent Cash-on-cash return on a full Turnkey building where the owner does not have to worry about renovating units, dealing with low-rent tenants, or any deferred maintenance.
Current owner has spent enormous time and capital in fully upgrading the building including...
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1947
HOA Fees
-
Finished Area
- sqft
Lot Size
9,905 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
AR26119886
MLS Status
Active
Days on Market
12
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