- Summary
- Location
- Amenities
OVER 6% CAP RATE AND 10.93 GRM ON CURRENT RENTS! Great investment offering at under $250k per unit on almost 1 acre of land. A Buyer could be looking at over a 6% CASH ON CASH RETURN with this property even with today’s interest rates. Cash cow opportunity in super strong rental location with bulletproof buildings on a large lot with BIG UPSIDE! Possibilities for ADU and great rent growth make this one of the best opportunities in Pasadena right now. With mostly single-story floor plans offering a unit mix of One 3Bed+2bath, Three 2Bed+2bath and 16 spacious 1Bed+1bath units. Each unit is equipped with wall-mounted air conditioning and heating, a mix of tile and carpet flooring, and expansive kitchens with gas oven/stove combinations. The property is well-maintained, showcasing an open grass courtyard, an on-site laundry facility that yields a steady flow of income with open and carport parking.
- OVER 6% CAP RATE
- GREAT IN PLACE RENTS WITH BIG UPSIDE
- LARGE 38k SF LOT SIZE
- REALLY STRONG RENTAL LOCATION
- CASH COW TYPE OF PROPERTY
- EXCELLENT UNIT MIX | AVERAGE UNIT SIZE OF 693 SQ FT
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Current Listings
7 UNITS | ARCADIA
PRICED TO SELL AT UNDER $505 PER SQUARE FOOT! CONDO COMPS ARE SELLING AROUND $600 PER SQUARE FOOT IN ARCADIA!! Offered for sale by the original owner/developer of the complex, this is an extremely rare opportunity for investors to acquire 7 residential units built in 2004 in prime Arcadia with multiple investment options. Option 1:…
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NEW – 13 UNITS | BEVERLY HILLS ADJACENT
We are pleased to present for sale 847 Sherbourne Ave, a 13-unit apartment complex offering luxury living in Los Angeles. This turnkey property has been fully transformed through a complete interior and exterior renovation in 2024, featuring premium finishes, modern amenities, and a beautifully designed courtyard. Located Beverly Hills Adjacent, a mere half a block…
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64 UNITS | RTI PLANS | KOREATOWN
Realty Investment Advisors is excited to offer 734 S. Manhattan Place, a 15,000-square-foot TOC Tier 3 vacant lot zoned R4-2 in the heart of Koreatown. This prime development opportunity offers various possibilities, including the option to immediately begin construction on a fully approved 64-unit, seven-story project, or to explore a new design for an ED1…
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6 UNITS | LOS ANGELES
We are proud to present 1296 South Citrus Avenue, a prime 6-unit investment opportunity in the highly desirable Mid-Wilshire submarket! Situated on a spacious 7,052 sq. ft. corner lot, the property features six generously sized 1-bedroom, 1-bathroom units, each equipped with in-unit washers and dryers. This property offers an assumable loan of approximately $720,000 at…
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16 UNITS | SANTA MONICA
A Santa Monica Developer’s Dream! DELIVERED WITH 10 VACANT UNITS! We are proud to present 2711-2715 Pico Blvd, a rare 16-unit apartment property in the heart of Santa Monica, offering incredible potential for investors and developers alike. Set on a sprawling 20,897-square-foot lot, this property features two side-by-side buildings comprising 14 one-bedroom units and 2…
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INDUSTRIAL BUILDING | GARDENA
We’re proud to present 1200 W El Segundo Blvd, an industrial building located in Gardena, CA. This centrally located 16,000 SF brick warehouse is just minutes away from the 91, 105, 11, and 405 freeways. The building divides easily into 5,000 SF and 11,000 SF sections and features one dock-height loading dock, and two ground…
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6 UNITS | PASADENA
We are pleased to present for sale this fantastic 6-unit property in one of the best rental areas of Pasadena with excellent rental income. The Playhouse District boasts a WALKER’S PARADISE score with its close proximity to restaurants, retail and S. Lake Ave. The property features remodeled interiors, FULL copper plumbing and W/D inside units…
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NEW – 7 UNITS | PASADENA
EXCELLENT PRIME LOCATION! Rare opportunity to acquire this easy to manage, 7-unit apartment property located walking distance to the recently opened Erewhon market and everything South Lake Ave offers. Offering a very strong unit mix of three 2 Bed + 1 bath units and four 1 Bed + 1 bath units with rental growth upside.…
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13 UNITS | BURBANK
Introducing 536 E Cypress Ave, a premier investment opportunity that is hitting the market for the first time in over 27 years. This well-maintained apartment building, constructed in 1986, boasts 13 spacious units, each with 2 bedrooms and 2 bathrooms, offering modern comfort and versatility. Located in a highly desirable Burbank neighborhood, just north of…
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REDUCED – 26 UNIT DEVELOPMENT | PASADENA
We are pleased to present a rare development and investment opportunity only about 1/3 of a mile to the San Marino city limit. The new owner will have the opportunity to develop a brand new, modern 26-unit apartment building project in the Unincorporated area of Pasadena. This development boasts a contemporary design, featuring 31 on-grade…
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