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1634 Raymond Hill Road

1634 Raymond Hill Road, South Pasadena, CA 91030

N/A

4 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
4
Building Size:
3,756 SF
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Cap Rate:
4.93%
Gross Rent Multiplier:
14
Year Built:
1946
Lot Size:
11,247 SF
APN / Parcel ID:
5317-025-005
Listing ID
16927937
Last Updated
over 1 year ago

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

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.

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

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