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20 UNITS | PASADENA
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  • Summary
  • Location
  • Amenities

OVER 6% CAP RATE 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

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Current Listings

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131 UNIT FULLY ENTITLED ED1 PROJECT IN ECHO PARK

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20 UNITS | ALHAMBRA

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