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Listed by: Han Chen (626) 224-2495 DRE #01749321 | Growth Investment Group Pasade (626) 594-4900
$2,850,000
5 Beds
- 2 Baths
7,222sqft
570 N Madison, Pasadena, CA 91101
$2,850,000
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Apartment
Built in 1963
$-- HOA
12,685 sqft lot
$395/sq.ft
Description
Beautifully Maintained 9-units Value-add Mid-Century-Modern apartment several blocks north of Old Town Pasadena. Excellent Unit Mix, Large 12,685 SF Lot, can do ±9 ADUs, Excellent going-in CAP Rate with High Proforma CAP Rate, Many CapEX recently completed!
A very well-maintained 9-unit value-add apartment in the City of Pasadena. Situated only several blocks north of Old Town Pasadena, 2 blocks west of Los Robles Ave, and just within walking distance of many dining, shopping, and other attractions in Pasadena. It is situated on a quiet residential street surrounded by high-priced bungalows/single family houses. The investment offers a high 5.7% CAP Rate making this...
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1963
HOA Fees
-
Finished Area
7,222 sqft
Lot Size
12,685 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
AR26100175
MLS Status
Pending
Days on Market
108
Cumulative Days on Market
83
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