This Multifamily Property is Off-Market.

1634 Raymond Hill Road
South Pasadena, CA 91030 ·

4 Units · Multifamily For Sale

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Multifamily Property For Sale

Price N/A Cap Rate 4.93%
No. Units 4 Gross Rent Multiplier 14
Building Size 3,756 SF Year Built 1946
Property Type Multifamily Lot Size 11,247 SF
Property Sub-type Duplex/Triplex/Fourplex APN / Parcel ID 5317-025-005
Property Use Type Investment
Listing ID: 16927937 Date Created: 11/23/2010 Last Updated: 01/12/2011

Description

This attractive 4-unit apartment complex is comprised of all 2+1 units. New copper plumbing was installed in the building within the last year. Each unit features a fireplace, front and backdoor entrances, and hardwood floors.

The property features 4 enclosed garages and 4 new roll-up doors are being installed. Each unit features an individual hot water heater, a stove and refrigerator and ample closet space.

The same seller is also offering a 12-unit apartment complex for sale in Pasadena.

The subject property is located in South Pasadena in the area known as Raymond Hill, near the intersection of South Fair Oaks Avenue and the Pasadena (110) Freeway.

This offering represents a rare opportunity to acquire an apartment building in a community which many investors perceive to be a desirable and stable rental market.

Highlights

  • Outstanding South Pasadena Location
  • All 2+1 Units With Fireplaces
  • New Copper Plumbing; Pitched Roof
  • New Bathroom Windows and Tub Enclosures
  • Individual Hot Water Heaters; Hardwood Floors
  • 4 Individual Garages With New Doors

Research

1634 Raymond Hill Road, South Pasadena, CA 91030 (Los Angeles County)

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