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1559 N Hill Ave
Pasadena, CA 91104 Lexington Heights

Price Upon Request

Apartments For Sale • 14,640 SF

Property Details

Property Type Apartments
Total Building Size 14,640 SF
Lot Size 0.48 AC
Building Class C
Year Built 1949
Zoning PSR1

39 Transit Score

78 Walk Score

                
                    Highlights
                
                                Exceptional Going-In Cap Rate of 6.15%
                            
                                Fantastic location in Pasadena's Historic Highlands neighborhood
                            
                                Major electrical upgrades including new main panel, new subpanels and new wiring
                            
                                Two large storage rooms offer ADU potential
                            
                                Massive remaining upside potential

Financial Summary (Actual)

Net Operating Income: $399,223 USD (2024)

Total Expenses:

$170,160 USD

Amenities

Fenced Lot
Laundry Facilities
Heating
Kitchen
Range
Bicycle Storage
Zen Garden

Public Transportation

Airport	Drive	Walk	Distance
Bob Hope	26 min	-	19.3 mi
Los Angeles International	44 min	-	27.9 mi
Long Beach (Daugherty Field)	47 min	-	29.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	25
Type:	Surface
Included in Rent:	Yes

1559 N Hill Ave OFF MARKET Pasadena, CA 91104 Lexington Heights OFF MARKET