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112 Mar Vista Ave
Pasadena, CA 91106 Catalina Villas

$4,100,000 USD

Apartments For Sale  •  6,920 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,920 SF
  • Lot Size 0.2 AC
  • Building Class C
  • Year Built 1959
  • Zoning R4
65 Transit Score
94 Walk Score

Highlights

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

Property Flyers

Amenities

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Storage Space
  • Kitchen
  • Oven
  • Range
  • Tub/Shower
  • Public Transportation
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
El Monte (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 18 min - 10.0 mi
Transit/SubwayDriveWalkDistance
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
AirportDriveWalkDistance
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 Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Covered
Included in Rent: Yes
Han Widjaja-Chen 626-594-4900 Growth Investment Group California
Han Widjaja-Chen 626-594-4900 Growth Investment Group California