Apartments For Sale • 6,920 SF
Prime apartment investment in an excellent location near California Institute of Technology, Pasadena City College, and minutes to Pasadena Playhouse |
Attractive CAP Rate close to 5% with Upside potential; SUPERB demographics with ±$125,446 average household income within a 1-mile radius |
Great location with Walk Score 94; Well maintained two-story garden style apartment with excellent curb appeal, gated entrance and secured parking |
Corner lot location with a wide ±84’ frontage on Union Street; Eight out of 10 units have been updated: updated kitchen and flooring |
Excellent roof condition, double pane windows throughout, minimum landscaping, low maintenance property and easy to manage, updated exterior paint |
Separately metered for electricity and gas, carport parking (no soft story retrofit required), seller own laundry machines |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
El Monte (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) | 18 min | - | 10.0 mi |
Transit/Subway | Drive | Walk | Distance |
Lake Avenue Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 4 min | 13 min | 0.7 mi |
Allen Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 20 min | 1.0 mi |
Airport | Drive | Walk | Distance |
Bob Hope | 24 min | - | 17.9 mi |
Los Angeles International | 41 min | - | 26.1 mi |
Long Beach (Daugherty Field) | 43 min | - | 27.3 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 9 |
Type: | Covered |
Included in Rent: | Yes |