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6 UNITS | PASADENA
$2,525,000

For Sale
  • Summary
  • Location

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 to name a few.  Some units have updated windows, dishwashers, tankless water heaters and stainless steel appliances.   The unit mix consists of one, large 2 Bed + 2 bath unit;  one 2 Bed + 1 bath unit;  two 1 Bed + 1 bath units and 2 Studio + 1 bath units.  The interiors offer sheik kitchen designs with newer cabinets and countertops, updated bathrooms and showers, wood flooring and newer Air Conditioners.  Given their location and look these apartments have a very strong history of renting quickly and at top rents.  There are six on-site, parking spaces with wall storage cabinets for tenants.  The SOFT-STORY RETROFIT HAS BEEN COMPLETED and the property is equipped with a full sprinkler system.  Separately metered for electricity and gas and each unit has their own water heater.  ATTRACTIVE ASSUMABLE FINANCING AT 3.15% INTEREST.  A property in this location that has been meticulously self-managed by the ownership is a rare find. Don’t miss out!   PLEASE DO NOT DISTURB THE TENANTS.

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Current Listings

Under Contract

3 UNITS | WESTCHESTER

We are pleased to present an exceptional investment opportunity in the heart of Westchester. This triplex, featuring three one-bedroom, one-bath units with one unit currently vacant, offers significant value-add potential for investors and owner-users. Notably, the vacant unit has been completely renovated with a new kitchen and fixtures, new bathroom and fixtures, new cabinets, new…


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Under Contract

TRIPLEX | WESTCHESTER

We are pleased to present an exceptional investment opportunity in the heart of Westchester. This triplex, featuring two one-bedroom, one-bath units and one two-bedroom, one-bath unit, is fully occupied, offering immediate rental income for investors and owner-users. Notably, one of the one-bedroom units has been completely renovated with a new kitchen and fixtures, new bathroom…


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For Sale

NEW – TRIPLEX | SOUTH PASADENA

We are pleased to present this bread-n-butter investment of a quality triplex with potential to add an ADU (buyer to verify) for significant increase in value and rental income.  Easy to manage, great rental location, on-site parking, fenced yards, pitched roofs with stable and predictable rental history.  The property features two 2 Bed + 1…


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Under Contract

10 UNITS | TEMPLE CITY

Realty Investment Advisors is excited to present 5631 Sultana, an exclusive 10-unit compound with development potential in prime Temple City. Situated on a sprawling 22,320 square foot lot zoned R3, this property consists of seven structures with an exceptional unit mix featuring one standalone 3-bedroom, 1.5-bath house with a den and huge private yard, five…


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For Sale

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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Under Contract

NEW – FOURPLEX | LOS ANGELES

Discover an exceptional investment opportunity in the heart of the coveted Mid-Wilshire submarket with this rare four-unit property, each offering oversized one-bedroom apartments that average approximately 1,000 square feet. Two of the units will be delivered vacant at close, presenting immediate rental upside potential. The units have been tastefully renovated to combine modern amenities with…


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For Sale

INDUSTRIAL WAREHOUSE | TEMPLE CITY

Realty Investment Advisors is pleased to present 9517 Gidley Street, an industrial building ideally situated in Temple City and ready for immediate occupancy by an owner-user or tenant. Constructed in 1990, this approximately 11,109-square-foot, two-story building offers a gated parking area with 12 individual parking spaces. The exterior boasts a sharp two-tone paint scheme, a…


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For Sale

9 UNITS | PASADENA

4.8% CAP RATE ON CURRENT RENTS and EXCELLENT LOCATION!!  We are pleased to present for sale this 9-unit property in one of the best rental areas of Pasadena.  The Playhouse Village area boasts as a WALKER’S PARADISE with its close proximity to restaurants, retail and S. Lake Ave.  The property features remodeled interiors, FULL copper…


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Under Contract

TRIPLEX | ALHAMBRA

We are proud to present the sale of 1600 S. Sierra Vista, an exquisite triplex nestled in the heart of Alhambra. Located just a few blocks from Valley Boulevard and Garfield Avenue, this property offers an incredible opportunity for a buyer to live in one unit while the other tenants help pay the mortgage. The…


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Under Contract

34 UNITS | SAN GABRIEL

Realty Investment Advisors is pleased to present Casa Encanto, an exceptional 34-unit property located in San Gabriel (Unincorporated Los Angeles County). Situated on a spacious 1.04-acre lot, this beautifully landscaped courtyard-style property features an ideal unit mix: 15 one-bedroom units, 14 two-bedroom units, and 5 three-bedroom units. Built in 1962, these generously sized units total…


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