- Summary
- Location
- Amenities
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. On-site carport parking as well as tuck under with soft-story retrofit COMPLETED! Updated Separate water heaters, laundry room, separately metered for gas/electricity and a pitched roof are some additional features. NO SOFT-STORY RETROFIT NEEDED! With below market rents, there is excellent rent growth potential for a long-term investor. Property is subject to local Pasadena rent control laws. Don’t miss this chance to invest in such a prized location where few properties trade hands. PLEASE DO NOT DISTURB THE TENANTS. DRIVE-BY ONLY.
- Prime Location – Madison Heights
- 92 Walk Score – WALKER’S PARADISE
- Excellent Upside and Value-Add
- No Soft-Story Retrofit Required
- Corner Location
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Current Listings
TRIPLEX | SOUTH PASADENA
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8 UNITS | LOS ANGELES
Prime 8-unit investment opportunity on the market for the first time since 1996! With five units delivered vacant, this property offers immediate rental upside and flexibility. Featuring an assumable ~$1.7M loan at a competitive 3.94% interest rate, it’s a rare find in a high-demand location near the Beverly Center. Don’t miss this chance to own…
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13 UNITS | BURBANK
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6 UNITS | LOS ANGELES
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12 UNITS | PASADENA
Excellent opportunity to acquire a well maintained 12 unit property located walking distance to South Lake and recently opened Erewhon market, Pasadena Playhouse and even Old Town. 199 S. Madison Ave is a corner lot approx. 12,755 SF in size and on what is arguably one of the most desired streets in all of Pasadena. …
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TRIPLEX | PASADENA
TRIPLEX IN EXCELLENT LOCATION! Tucked away on the corner of S. El Molino Ave. and the small side street Palm View Place, sits this fantastic triplex with so much to offer a new owner. Just a few blocks and short walk to South Lake Ave. and Trader Joe’s make these excellent rentals or an owner…
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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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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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